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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
The Omni Homestead Resort gets new managing director
Mark Spadoni was general manager of Westin Savannah Harbor Golf Resort & Spa
Published
A longtime luxury resort executive, Mark Spadoni, has been hired as managing director for The Omni Homestead Resort, the hotel announced Monday. For the past 20 years, Spadoni has served
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Va. restaurant, hospitality industry seeks $270M+ in relief funding
State association requests share of state's $3.76B American Rescue Plan funding
Published
Hard hit by the pandemic, Virginia’s restaurant and hospitality industry is asking the General Assembly to dedicate more than $270 million from the state’s share of federal American Rescue Plan
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: Golden Nugget, Wind Creek enter proposals to build Richmond casino
Projects at $541M and $400M among six contenders
Published
Updated 3 p.m., Feb. 24 Joining at least four other groups competing to be chosen as Richmond’s choice for a casino operator, bids from two other casino companies were made
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
Short Pump Hilton enters receivership
Fairfax’s Crescent Hotel Management Services named receiver
Published
The Hilton Richmond Hotel and Spa in Short Pump has entered receivership after its owner, Shamin Hotels, fell behind on loan payments, according to documents filed in Henrico County Circuit