Springfield hotels start year with $6.4M in sales

Springfield’s lodging industry started the year with $6.4 million in January room sales, an 8 percent increase from January 2015, according to the Springfield Convention & Visitors Bureau’s March newsletter.

January’s occupancy rate improved to 47.4 percent from 45.3 percent.

Other Springfield lodging industry changes in January included:
    •    a room supply increase to 180,265 from 175,491 in January 2014;
    •    a room demand boost to 85,494 from 79,570; and
    •    a slight move upward in daily rates to $74.69 from $74.28.