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January Va. hotel revenues surpass 2019
Higher rates drive revenue growth for most markets
Virginia hotel revenues in January were 14.9% higher than pre-pandemic levels, largely due to higher hotel room rates, according to data released Tuesday by STR Inc., a division of CoStar
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The Highlander nearly complete in Radford
Published
The Highlander, a $40 million boutique hotel and conference center, is expected to open next to Radford University soon. University officials and their partners in the project broke ground in
Virginia’s largest conference hotels
Published
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On the road again
Travel recovers as hotels revamp, reopen
Published
Business and leisure travelers are putting the pandemic in the rearview mirror and once again are filling Virginia hotels and resorts. While that’s good news, widespread staffing shortages continue to
Back in business
Meeting planners see return to normalcy ahead
Published
Like the proverbial canary in the mineshaft, the state of the meetings and convention planning industry is a good barometer for predicting how well the economy is doing and what
Va. hotels expect 28% drop in 2022 biz travel revenue
National revenues expected to be 23% below pre-pandemic levels
Published
Virginia hotel revenue from business travel this year is projected to be down 28.3% from pre-pandemic levels, or about $674 million less than the $2.39 billion the lodging industry took