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FALL 2017
TOURISM
BOOK OF FACTS-14
·
SBJ.NETSPRINGFIELD HOTEL MARKET SNAPSHOT
$36.43 $39.19 $44.28 $47.55 $50.60 $55.46
$3.84
$3.9
$4.23
$4.6
$5
$5.5M**
2012
2013
2014
2015
2016
2017*
6,011
5,825
5,816
5,661
5,645
5,804
Total
available
rooms
per day
Annual
occupancy
rate
Revenue
per
available
room
Annual
room tax
collections
(total, in
millions)
Average
daily rate
$70.05 $70.99 $75.15 $79.47 $81.09 $82.83
52%
59.9% 59.9% 62.4% 67%
55.2%
Source: Springfield Convention and Visitors Bureau
*Through August, Another 390 rooms are under construction
**Full-year projection