HVS Market Pulse: Arlington, Virginia

HVS | January 20, 2022

The COVID-19 pandemic has had a severe impact on the Arlington, Virginia, and greater Washington, D.C. region’s lodging markets. Although a substantial amount of leisure demand was present in 2021, Arlington’s lodging market has remained depressed overall for nearly two years given the limited commercial, government, and group demand. Demand was healthy in the years prior to the pandemic, with Arlington hotels registering occupancy levels in the mid-70s from 2016 through 2019. Largely generated by Arlington’s proximity to Washington, D.C., occupied room nights represented a mix of leisure travelers visiting the monuments and museum...