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 […]
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 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[...]
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% […]
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[...]
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 […]
Va. hotel revenues stay at steady decline
As the pandemic surges on, Virginia hotel revenues remain at a steady 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. 18 through Oct. 24, hotel revenues in Virginia decreased by 50% and […]
‘No name but team’
Marcus Stephenson is living his dream. After a nearly 15-year career in sports entertainment marketing and content (including stints with World Wrestling Entertainment and the Columbus Blue Jackets NHL team), Stephenson joined the Washington Football Team as its vice president of digital marketing and programming just one year a[...]
Building a stronger club
Large Nonprofit | Julie Brown, CFO Farmington Country Club, Charlottesville Julie Brown uses her construction industry experience to inform investments in capital projects at Farmington Country Club in Charlottesville. Before her time at the club, Brown served for five years as controller and CFO of Charlottesville-based constru[...]
Hotel industry recovery ‘a long way off’
Virginia hotel revenues continue at a steady decline 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. 11 through Oct. 17, hotel revenues in Virginia decreased by 50% and rooms sold declined by 31%, compared […]
Kings Dominion general manager to retire
Growing up on a tobacco farm outside of Raleigh, North Carolina, Tony Johnson learned the meaning of hard work early on. At a time when his local school system had a later start to the academic year to allow for the picking season, Johnson would get up at 4 a.m. to work the fields. “It […]
Va. tourism had record 2019, but 2020 won’t follow suit
The 2020 coronavirus pandemic and economic crisis is spelling an end to Virginia’s decade-long streak of record-breaking tourism revenues. Although Virginia’s tourism industry had another record year in 2019, posting $27 billion in spending, the commonwealth’s tourism revenue for 2020 is expected to decrease by[...]