Please ensure Javascript is enabled for purposes of website accessibility

Hotels/Tourism

Governor's Inn vignette courtesy Cushman & Wakefield | Thalhimer.
Nov 30, 2020

Governor’s Inn in Williamsburg sells for $3.05M

The Governor’s Inn, a former 200-room hotel in Colonial Williamsburg, sold for $3.05 million, Cushman & Wakefield | Thalhimer announced last week. Charlottesville-based real estate investment company Castle Development Partners LLC purchased the property from The Colonial Williamsburg Foundation and plans to raze the prope[...]

Scheduled for completion in summer 2021, the Midtown Row mixed-use development near William & Mary will feature office and retail space and 240 apartments.
Nov 29, 2020

Hope springs eternal

Williamsburg’s tourism-steeped economy was on track for a banner year when COVID-19 knocked it off course. Businesses, including tourist attractions Busch Gardens Williamsburg and Colonial Williamsburg shut down, William & Mary sent students home, and hotel and motel occupancy rates plummeted. As of late October, with capa[...]

Graphic courtesy Loudoun Economic Development
Nov 19, 2020

Loudoun County launches outdoor seating grants

While COVID-19 cases run high and outside temperatures run low, the Loudoun County Board of Supervisors has allocated $250,000 in federal CARES Act funding to offset costs for outdoor dining, including seating, tents, heating systems and heating fuel, Loudoun Economic Development announced Thursday. The Loudoun Is Ready Outdoor [...]

Nov 18, 2020

More than 70% of U.S. hotels may not survive pandemic

As COVID-19 cases continue to rise in the U.S. and travel restrictions are reinstated, the American Hotel & Lodging Association (AHLA) projects that 71% of hotels won’t survive another six months without federal assistance, according to recent survey results. In Virginia alone, Virginia hotel revenues continued last week to stay well below pre-pandemic levels compared […]

Nov 18, 2020

Hilton to sell $1.9B in debt in private offering

As hotel industry revenues continue plummeting, McLean-based Hilton Worldwide Holdings Inc. announced this week it will sell $1.9 billion in debt in a private offering to institutional buyers.  The hotelier will sell $800 million of senior notes (due in 2029) at a 3.75% interest rate and an additional $1.1 billion at a 4% rate. Those […]

Debora Wright. Photo courtesy Visit VBR
Nov 17, 2020

Visit Virginia’s Blue Ridge names sales, marketing VP

Visit Virginia’s Blue Ridge (Visit VBR) announced Monday it has promoted Debora Wright as vice president of sales and marketing.  With more than 25 years of experience in destination marketing, Wright will lead external outreach and brand-building for the organization. She has been with the organization since 1993, when it wa[...]

Nov 16, 2020

More than $1.9M in grants going to Va.’s tourism industry

While COVID-19 continues to slam the tourism and hospitality industries, Gov. Ralph Northam announced Monday that more than $1.9 million in matching grants will be disbursed among 161 local tourism initiatives as part of Virginia Tourism Corp.’s Recovery Marketing Leverage Program (RMLP). Although Virginia’s tourism industry had another record year in 2019, posting $27 billion […]

Nov 11, 2020

Va. hotel revenues likely to remain low through holidays

With the holiday season looming, Virginia hotel revenues continue to decline when compared to last year, according to data from STR Inc., a CoStar Group division that provides weekly market data on the U.S. hospitality industry. For the week of Nov. 1 through Nov. 7, hotel revenues in Virginia decreased by 53% and rooms sold […]

Kings Dominion patrons socially distance on roller coaster. Photo courtesy Kings Dominion.
Nov 10, 2020

Kings Dominion to make holiday season comeback

Making a brief comeback before the end of 2020, Kings Dominion will reopen in December for a limited-time, limited-capacity holiday event after being closed for an entire summer season for the first time in its 45-year history, due to the COVID-19 pandemic. Owned and operated by Cedar Fair Entertainment Co., the amusement park i[...]

Nov 4, 2020

Hotel revenues stay low as pandemic enters eighth month

Moving into the eighth month of the pandemic, Virginia hotel revenues continue to decline when compared to last year, according to data from STR Inc., a CoStar Group division that provides weekly market data on the U.S. hospitality industry. For the week of Oct. 25 through Oct. 31, hotel revenues in Virginia decreased by 45% […]

This November, Bristol voters will likely vote on a referendum to approve the proposed $400 million Hard Rock Casino Bristol, which would be built on the site of the now-closed Bristol Mall. Rendering courtesy Alliance Group
Nov 3, 2020

All four Va. casino referendums pass in landslide

Voters in Bristol, Danville, Norfolk and Portsmouth overwhelmingly supported local referendums allowing four commercial casinos to be built in their cities, with results declared two hours after polls closed at 7 p.m. According to the Virginia Department of Elections, citizens in the four Virginia cities voted close to two to on[...]

Oct 29, 2020

Revalation Vineyards toasts $2.3M winery expansion

Gov. Ralph Northam announced Thursday that Revalation Vineyards will invest more than $2.3 million in an expansion, building a wine production facility, tasting room and event space in Madison County. The expansion will create five jobs.  Home to 312 wineries, Virginia is the sixth-largest wine region in the United States, according to Northam’s office. The […]

YOUR NEWS.
YOUR INBOX.
DAILY.

By subscribing you agree to our Privacy Policy.