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[...]
Baskervill, HKS to lead Norfolk casino design, architecture
The Pamunkey Indian Tribe announced Thursday that Dallas, Texas-based HKS and Richmond-based Baskervill will serve as the architecture team for the tribe’s planned $500 million Norfolk Resort & Casino if city voters approve a Nov. 3 local referendum approving the casino development. Backed by Tennessee billionaire inve[...]
Va. hotel revenues continue to suffer
Virginia hotels continue to see significant revenue declines compared to pre-pandemic times, 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. 4 through Oct. 10, hotel revenues in Virginia were down 46% and rooms sold were down 29% compared […]
Indigenous trust fund will receive annual Norfolk casino funds
On Virginia’s first state-recognized Indigenous Peoples’ Day, the Pamunkey Indian Tribe announced Monday that its proposed casino in Norfolk would provide between $3.5 million and $4 million each year to the Virginia Indigenous People’s Trust Fund. The proposed $500 million casino and resort is on the Nov. 3 ge[...]
Black Lives Matter renews interest in Richmond’s Black culture and history
RICHMOND, Va. – The Black Lives Matter movement has helped renew interest in Richmond’s African American culture and history, according to community leaders. BLK RVA is an initiative launched in August 2019 between Richmond Region Tourism and 20 community leaders to highlight historic African American tourist attractions and[...]
Va. hotels continue slow recovery
Virginia hotel revenues remained below pre-pandemic levels last week, 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 Sept. 27 through Oct. 3, hotel revenues in Virginia decreased by 43% and rooms sold declined by 27%, compared to the same […]
AHLA: Va. stands to lose 86K+ hotel jobs without federal support
Virginia stands to lose 86,821 hotel-related jobs if Congress doesn’t extend Paycheck Protection Program loans or expand the Main Street Lending program, according to projections released Wednesday by the American Hotel & Lodging Association (AHLA) — and the state may lose all but about 500 hotels to foreclosure. Pre-pandemic, Virginia was home to 1,532 hotels, […]