Williamsburg hotel, motel industry has ways to go to rebound from COVID-19′s effects, report shows

“Within months, more records were made, although these records were not made public with great fanfare,” the report noted. “Monthly hotel revenue at Hampton Roads declined by a staggering 76.6%, from $78.1 million in April 2019 to $18.3 million in April 2020. And in Williamsburg, monthly hotel revenue has almost completely disappeared. Williamsburg hotels generated $18.1 million in revenue in April 2019 A year later, however, revenue fell sharply to $846.743, a 95.3% collapse.”

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