ADR Continues Upward Trend in Springfield
The Smith Travel Research Report shows the average daily rate for Springfield hotels is continuing its upward trend. Year-to-date through September, the ADR was $102.56, up 3.7% over last year…
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SPRINGFIELD HOTELS REPORTING INCREASES IN AVERAGE DAILY RATE
For the first six months of 2023, Springfield hotels reported an increase of 4.7 percent in the average rate charged for renting rooms. The rate was $102.25 for January through June, compared to…
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Hotel Revenue Up 7%
Hotels are reporting a 7% increase in revenue in January and February compared to the same period last year. For details, visit the CVB's Public Reporting Dashboard and click here for hotel statistics…
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Year-End Stats Show Local Tourism Fared Well in 2022!
For December, when compared with December 2021, hotel occupancy in Springfield was down 8.7% and average daily rate was up 2.7%, resulting in room revenue being down 2.7%. For the year, occupancy…
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