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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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Va. hotel revenues up slightly over 2019
NoVa continues to lag behind due to reduced biz travel
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Northern Virginia’s hotel market continues to be a drag on the lodging industry’s performance in the commonwealth as a whole, according to recently released data from STR Inc., a division
Statewide hotel revenues continue to lag 2019
Hampton Roads more than fully recovered
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Hotel revenues in Virginia for the first half of 2022 continued to lag behind 2019, and reduced business travel is still the culprit. That’s according to data released this week