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ODU

Jan 26, 2022

ODU’s Strome Center to host tech entrepreneur weekend

Old Dominion University’s Strome Entrepreneurial Center will hold its 3 Day Startup weekend entrepreneurship program, where participants develop and pitch a product, from Feb. 4 to Feb. 6. ODU previously held the program in 2018, 2019 and 2021. This year’s event is focused on technology solutions. Attendees form groups on Friday afternoon and begin to […]

Vinod Agarwal. Photo by Mark Rhodes
Jan 26, 2022

Va. economic growth will slow in 2022, ODU economists predict

Virginia’s economy is likely to grow at a slightly slower pace in 2022 than it did last year, with the COVID-19 pandemic continuing to make future predictions murky, according to the 2022 Annual Economic Forecast released Wednesday by Old Dominion University’s Dragas Center for Economic Analysis and Policy. “If we can control COVID-19, the economy […]

Dec 22, 2021

ODU earns R1 classification in national ranking

Old Dominion University has earned the highest research activity classification in the Carnegie Classification of Institutions of Higher Education, the university announced Tuesday. ODU is now one of 137 four-year research institutions with the Research 1 classification, which indicates “very high research activity.” To receive the R1 classification, doctoral universities must meet benchmarks [...]

Dec 22, 2021

Va. hotel revenues down 19% from Nov. 2019 levels

Virginia hotel revenues in November were 19% below November 2019 levels, according to data released Wednesday by STR Inc., a CoStar Group division that provides market data on the U.S. hospitality industry. During the same period, hotel rooms sold decreased by 12% compared with 2019 levels. The average daily rate (ADR) paid for hotel rooms […]

Dec 20, 2021

EVMS, ODU and Sentara sign health center agreement

Eastern Virginia Medical School, Old Dominion University and Sentara Healthcare entered into a memorandum of understanding Friday to work toward a collaborative academic health center. Officials from each institution will cooperate to improve health care disparities in Hampton Roads and to seek more consistent funding of EVMS from public and private sources, leaders said at […]

Dec 10, 2021

ODU hires new CFO, VP for admin and finance

Old Dominion University has hired Chad A. Reed as the university’s vice president for administration and finance and its chief financial officer, the university announced Friday. Reed, who serves in the same role at Radford University, will start at ODU on March 10. He will be part of ODU President Brian O. Hemphill’s senior leadership […]

Dec 8, 2021

ODU names ED of new bioelectronics center

Old Dominion University has named Gymama Slaughter the founding executive director of its Research Center for Bioelectronics, the university announced Monday. The new center, which opened July 1, allows ODU to increase its total sponsored research funding, advancing work on new cancer combinational therapy and non-invasive cancer diagnostic tools. It also helps the university’s research [&he[...]

Norfolk’s Glass Light Hotel & Gallery features 117 rooms and suites, decorated with distinctive glass artwork.
Nov 19, 2021

Va. hotel revenues continue to lag from 2019 levels

Virginia hotel revenues for October were 20% below pre-pandemic levels in October 2019, according to newly released data from STR Inc., a CoStar Group division that provides market data on the U.S. hospitality industry. During the same period, hotel rooms sold decreased by 13% compared with 2019 levels. The average daily rate (ADR) paid for […]

In July, the port’s board agreed to lease 70 acres at Portsmouth Marine Terminal to Dominion Energy, which will use the terminal as a construction staging site for its $7.8 billion Coastal Virginia Offshore Wind farm.
Nov 4, 2021

Hampton Roads launches maritime workforce, economic initiatives

The Hampton Roads Maritime Collaborative for Growth and Innovation (HRMC) and Old Dominion University announced two maritime initiatives Thursday with the goal of strengthening economic development in the region. ODU President Brian Hemphill announced the establishment of the ODU Maritime Consortium, which will grow the university’s maritime-related degree and certificate programs. The conso[...]

Oct 19, 2021

Va. hotel revenues remain below 2019 levels

Virginia hotel revenues for September decreased by 21% compared with pre-pandemic levels in September 2019, according to newly released data from STR Inc., a CoStar Group division that provides market data on the U.S. hospitality industry. During the same period, hotel rooms sold decreased by 6%. The average daily rate (ADR) paid for hotel rooms […]

Virginia Beach saw a return to normal during the summer, but the hospitality industry expects challenges during the fall and winter. Photo by Mark Rhodes
Oct 7, 2021

Hampton Roads State of the Region report shows slow recovery

The Hampton Roads region is slowly recovering from pandemic-spurred economic distress but has lost a large chunk of its workforce, according to Old Dominion University’s Dragas Center for Economic Analysis & Policy’s 2021 State of the Region Report released Tuesday. Hampton Roads’ labor force and individual employment levels peaked in February 2020, only to be […]

University of Virginia Rotunda and Lawn. Photo courtesy University of Virginia
Sep 13, 2021

43 Va. schools make U.S. News and World Report’s 2022 list

Forty-three Virginia schools ranked on the U.S. News and World Report’s 2022 best lists of more than 600 universities and liberal arts colleges in the country, released Monday. The University of Virginia ranked No. 25 in national universities, tying with Carnegie Mellon University and moving one spot up from its rank in 2021. U.Va. ranked […]

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