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Hotel revenues

Virginia Beach Oceanfront. Photo by Robyn Sidersky
Dec 19, 2023

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 […]

Virginia Beach Oceanfront. Photo by Robyn Sidersky
Dec 4, 2023

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, […]

Jun 21, 2023

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 […]

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