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Part 2: Bounce Back? The Pandemic And Tourism In Hampton Roads, Dragas Center For Economic Analysis And Policy Jan 2021

Part 2: Bounce Back? The Pandemic And Tourism In Hampton Roads, Dragas Center For Economic Analysis And Policy

State of the Region Reports: Hampton Roads

Nearly 1 in 5 workers in the Hampton Roads hospitality and leisure sector lost their jobs in 2020. Even as the sector started to recover, employers found themselves in need of employees to fill available positions. Now, with tourists returning to the region, we look at how traditional hotels and short-term rentals fared over the last 18 months


Part 3: Bounce Back? The Pandemic And Tourism In Virginia, Dragas Center For Economic Analysis And Policy, Old Dominion University Jan 2021

Part 3: Bounce Back? The Pandemic And Tourism In Virginia, Dragas Center For Economic Analysis And Policy, Old Dominion University

State of the Commonwealth Reports

For the Virginia hotel industry, the last 24 months have been challenging in a number of ways. The pandemic and associated social distancing measures resulted in a collapse of visitors and revenue in the spring and summer of 2020. In 2021, the Hampton Roads market set records for hotel revenue, but other markets continued to struggle. In this chapter, we look at how the markets in Virginia have performed over the past two years and how 2022 may bring good news for the hotel industry.