Virginia Hotel Development & Construction Pipeline

Property Name Address Rooms Scale Status Details
Element Hotel Short Pump Town Center 11768 West Broad Street, Richmond 148 Upscale In Const.
JW Marriott Reston Station 1800 Reston Row Plaza, Reston 243 Luxury In Const.
Hotel Shenandoah 501 North Allen Avenue, Richmond 75 Upscale In Const.
Hotel Petersburg, Tapestry Collection 20 West Tabb Street, Petersburg 125 Upscale In Const.
Ech... 464... ... Economy In Const.
Hom... 660... ... Up Midscale Final Plan
Arb... 790... ... Up Upscale Planning
Liv... Wag... ... Up Upscale TBD
Pri... Pri... ... TBD TBD
Hom... 36 ... ... Upscale TBD

Virginia Recent Hotel Openings

Property Name Address Rooms Scale Opening Date Details
Tru by Hilton Lexington 22 Hotel Drive, Lexington 101 Midscale 8/23/2024
Home2 Suites Princess Anne District 1741 Community College Pla..., Virginia Beach 107 Up Midscale 7/19/2024
The Publisher, Fredericksburg, Tribute P... 711 William Street, Fredericksburg 98 Up Upscale 7/18/2024
Home2 Suites Lynchburg 542 Simons Run, Lynchburg 82 Up Midscale 7/1/2024
Hotel Heron Alexandria Old Town 699 Prince Street, Alexandria 134 Up Upscale 6/30/2024
Home2 Suites Falls Church 171 West Falls Station Blvd, Falls Church 146 Up Midscale 6/3/2024
TownePlace Suites Richmond Colonial Heig... 937 South Avenue, Colonial Heights 131 Up Midscale 12/15/2023
Holbrook Hotel 990 Main Street, Danville 45 TBD 12/1/2023
Tru by Hilton Chesapeake 1570 Crossways Boulevard, Chesapeake 87 Midscale 10/15/2023
Home2 Suites Leesburg 420 Fort Evans Road NE, Leesburg 114 Up Midscale 10/5/2023

Virginia Recent Hotel Sale Transactions

Property Name Address Rooms Scale Sale Date Price Details
Courtyard Virginia Beach Norfolk 5700 Greenwich Road, Virginia Beach 146 Upscale 11/28/2022 ...
Candlewood Suites Norfolk Airport 5600 Lowery Rd., Norfolk 120 Midscale 11/29/2022 ...
Avid Hotel Salem 501 Wildwood Rd, Salem 87 Midscale 12/21/2022 ...
Fai... 200... ... Up Midscale 1/12/2023 ...
Spr... 301... ... Upscale 3/13/2023 ...
Cou... 105... ... Upscale 3/23/2023 ...
Cou... 395... ... Upscale 3/27/2023 ...
Cou... 393... ... Upscale 3/30/2023 ...
Cou... 470... ... Upscale 4/6/2023 ...
Ham... 900... ... Up Midscale 5/2/2023 ...



Lodging Development Group provides hotel market intelligence that results in new business opportunities. As a leading industry source for lodging real estate intelligence and early stage project information, Lodging Development Group provides clients with hotel construction pipeline data, hotel project leads and hotel sales comparables (sales comps) in Virginia and many other markets. Our Virginia development reports provide key contact information for hotel owners, hotel developers, architects, civil engineers, management companies and other project participants. Subscribers are able to search for hotel ownership companies and hotel development companies, as well as hotels under development, in construction and recently sold by status, chain scale, size, sale price and other criteria.

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