This week, the City Council is docketed (items 27 and 28) to review a proposal for the city to, in a round-about way, be involved in the financing of a new luxury hotel in Old Town.
With hotel revenue going into freefall during the pandemic, the prospect of building or renovating hotels in Alexandria hasn’t been a particularly financially appealing option, but a report prepared by Alexandria Economic Development Partnership (AEDP) and city staff said that’s going to be a hit to tourism in the city as people travel again.