Norfolk Airport Hotel Plan No Longer Taking Flight After Partnership Dissolves
The project delay follows developer Caliber's withdrawal and LTD's failure to notify the Norfolk Airport Authority, which breached contract terms, impacting plans for a 168-room hotel.
5 Articles
5 Articles
Norfolk Int'l Airport pauses plans for on-site hotel after terminating agreement with developer
Norfolk International Airport has paused plans for an on-site hotel after terminating its agreement with the developer last month, according to Mark Perryman, the president and CEO of Norfolk Airport Authority.This comes as the airport is in the middle of a nearly $1 billion modernization program.The airport originally chose ORF Hospitality to develop the hotel, Perryman says. However, after the partnering organizations that founded ORF Hospital…
Norfolk airport terminates deal with hotel developer citing 'misrepresentations'
NORFOLK, Va. (WAVY) — Plans to build a hotel at Norfolk International Airport are grounded for now after the airport authority terminated the agreement with its chosen development partner. In a letter sent July 22, Mark Perryman, the airport's president and CEO, stated ORF Hospitality Partners "defaulted by failing to comply with material covenants of the agreement" struck back in February 2024. He added that "material misrepresentations" were m…
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