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Va. hotel revenues still lagging pre-pandemic levels
June revenues decreased 22% compared with June 2019
Virginia hotel revenues for June 2021 were down 22% compared with pre-pandemic levels in June 2019, according to newly released data from STR Inc., a CoStar Group division that provides
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Va. hotel revenues increased by 178% in May
Lodging industry says "long road ahead" for recovery, however
Published
Virginia hotel revenues for May 2021 increased by 178% compared with May 2020, according to data released Tuesday by STR Inc., a CoStar Group division that provides market data on
Petersburg sues to demolish old Ramada
Shuttered hotel owned by former NFL player Chris Harrison is "public nuisance," city says
Published
The city of Petersburg filed a lawsuit Friday against the company owned by developer and former NFL player Chris Harrison, who promised in 2015 to replace the city’s shuttered and
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Shamin Hotels purchases Va. Beach Hampton Inn
Oceanfront property assessed at $20M
Published
Chesterfield County-based Shamin Hotels has purchased the 120-room Hampton Inn property on Virginia Beach’s Oceanfront, Grand Bay Advisors, which represented the seller in the transaction, announced Friday. The sale amount
Va. hotel revenues up 12% in March
Rooms sold are up by 25% compared to this month last year
Published
Virginia hotel revenues for March 2021 increased by 12% compared with March 2020, according to data released Tuesday by STR Inc., a CoStar Group division that provides market data on
Hotel revenues down 39% in February
Rooms sold declined 23%, ODU reports
Published
Virginia hotel revenues for February 2021 declined by 39% compared to February 2020, according to data released Thursday by STR Inc., a CoStar Group division that provides market data on
Hampton Inn & Suites in Newport News sells for $9M
Shamin buys 120-room hotel, plans to renovate
Published
Chester-based Shamin Hotels has purchased a 120-room Hampton Inn & Suites in Newport News for $9 million. Shamin purchased the hotel, which it plans to renovate, from Yoder Inn Group
Richmond confirms six eligible bids for casino, seeks public input
First public meeting to discuss proposals is March 9
Published
Place your bets. Richmond Mayor Levar Stoney’s office confirmed Friday that the six casino proposals made public this week all submitted proposals that are eligible for consideration by Richmond City
Hotel revenues down 27% for January
Industry sees slight improvement from December
Published
Virginia hotel revenues for January 2021 were down 27% compared with January 2020, continuing the industry’s slow climb back to recovering from the economic impact of the coronavirus pandemic, according
UPDATED: Richmond now has six major casino proposals
Bally's, Urban One, Cordish Cos., Pamunkey, Golden Nugget, Wind Creek vie for final Virginia casino project
Published
Updated Feb. 26 The city of Richmond is now considering six casino proposals, the mayor’s office announced Friday. Monday afternoon was the city’s deadline for its request for proposals, and