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Va. hotel revenues continue to recover from pandemic
Almost all Virginia hotel markets have fully recovered financially from the COVID-19 pandemic, and Hampton Roads continues to outpace Virginia and the U.S. in improvement based on hotel revenue. Virginia hotel revenues through November were 12.7% higher than they were in 2019, according to a report released Tuesday by Old Dominion University‘s Dragas Center for […]
Hampton Roads hotel revenues outpace Va., country
Hotel revenues in Hampton Roads outpaced Virginia and the nation through October, according to a report from Old Dominion University‘s Dragas Center for Economic Analysis and Policy, citing data from STR, a division of CoStar Group that provides market data on the U.S. hospitality industry. Through October, hotel revenues were 22.8% higher in Hampton Roads, […]
2023 Va. hotel revenues up 12.9% over pre-pandemic
Hotel revenues in the commonwealth this year were 12.9% higher from January through May, compared with pre-pandemic business during the same period in 2019, according to data released Tuesday by STR Inc., a division of CoStar Group Inc. that provides market data on the U.S. hospitality industry. Hotel rooms sold were about the same compared […]
