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Va. hotel revenues down 6.5% from Jan. 2019
Hampton Roads market continues to see revenue above 2019
Virginia hotel revenues in January were 6.5% below January 2019 levels, according to data released Monday by STR Inc., a CoStar Group division that provides market data on the U.S.
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Va. CEOs expect sales to increase despite omicron effects
59% of Va. CEOs surveyed expect sales to increase in the next six months
Published
About 84% of CEOs reported an impact on their businesses from the omicron variant of COVID-19, but almost 60% expect sales to increase over the next six months, according to
Va. job openings, number of hires rebound from October 2021
Virginia had largest decrease among states for both measures in October 2021
Published
Virginia had 301,000 job openings in November, a small rebound from October 2021, according to U.S. Bureau of Labor Statistics’ latest Job Openings and Labor Turnover Survey (JOLTS) data released
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New Va. unemployment claims down 32%
New claims dropped under 2,000, but continued claims rose 480
Published
Virginia’s new unemployment claims declined by almost 32%, the Virginia Employment Commission reported Thursday. For the filing week ending Jan. 22, Virginians filed 1,940 initial claims, down 909 from the
Va. economic growth will slow in 2022, ODU economists predict
Dragas Center's 2022 Annual Economic Forecast predicts slower GDP, job growth
Published
Virginia’s economy is likely to grow at a slightly slower pace in 2022 than it did last year, with the COVID-19 pandemic continuing to make future predictions murky, according to
Hotel industry recovering, but unevenly
American Hotel & Lodging Association report says business travel still down
Published
The hotel industry will continue its recovery from 2020 this year, but unevenly, according to the American Hotel & Lodging Association’s 2022 State of the Hotel Industry Report. “Hotels have
Parsons lands $100M COVID testing contract
Centreville-based contractor will deliver tests to DHS, ICE facilities
Published
Centreville-based defense contractor Parsons Corp. has been awarded a task order to provide COVID-19 tests to Department of Homeland Security and Immigration and Customs Enforcement facilities across the United States,
Virginia ABC stores to change to noon opening
COVID-19 causing staffing difficulties
Published
The Virginia Alcoholic Beverage Control Authority will change its daily opening hours to noon at its 395 stores starting Monday. Staffing stores has become difficult as “increasing numbers of ABC’s
Va. new unemployment claims up 16%
New claims rose by 400, but continued claims dropped 1,100
Published
New unemployment claims in Virginia increased 16% last week, the Virginia Employment Commission reported Thursday. For the filing week ending Jan. 15, Virginians filed 2,849 initial claims, an increase of
Roaring ’20s repeat possible, Richmond Fed president says
Barkin predicts goods inflation will ease as supply issues lessen
Published
Federal Reserve Bank of Richmond President and CEO Thomas Barkin said he could visualize another round of the “roaring ’20s,” he said Thursday during the Virginia Bankers Association/Virginia Chamber 2022