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4. Mumford Company, Trusted Hotel Advisors | 911 followers on LinkedIn. Trusted Hotel Advisors Since 1978 | Mumford Company is a full service hospitality brokerage advisory firm with a commitment ...
Mar 20, 2023 · Mumford Company, a full-service hospitality brokerage advisory firm since 1978, is celebrating its 45th anniversary this year, and Senior Principal David Mumford, along with Managing Principals Ed ...
- How Do You Feel The Us Hotel Transaction Market Has Performed Throughout 2022?
- What Recent Transactions Have You undertaken?
- What Market Segments Have Performed Best and Worst?
- What Us Regions Have Proved particularly Popular For Hotel Sales recently?
- Which Hotel Chains Do You Feel Have Been Especially Acquisitory of Late?
- Have The Recent Volatile Economic Conditions Impacted The Hotel Market?
- How Do You See The Us Hotel Market Progressing Over The Coming years?
2022 started with a very deep and active pipeline of transactions. Interest levels from both buyers and sellers were extremely high, and financing for acquisitions was readily available at historically low-interest rates. As we entered the late spring and summer, interest rates began to rise dramatically, along with a steep increase in inflation. A...
In Staunton, VA, in 2022, Mumford Company marketed two limited-service hotels at the end of their first franchise licence terms for sale. Both hotels were 20 years old and would require significant reinvestment to remain competitive in an otherwise solid Interstate/college town location. The owners of the properties, a well-known regional hotel dev...
Prior to the covid crisis, perhaps the worst single shock to the hotel market ever, the best-performing and fastest-growing market segments were the focused/limited service and extended stay hotel segments. That trend continues today. Transient travel for business and leisure has fully recovered to pre-covid levels, thus benefiting the limited-serv...
The trend of relocating businesses and residences out of the major metro areas of the Northeast and Midwest into smaller, more affordable communities, particularly in the sunbelt, was already in place before the covid crisis hit. However, the pandemic exacerbated it dramatically. Remote working became the norm, and cities like Austin, Charleston, N...
Major chains dominate the merger and acquisition landscape in the US. Hilton, Marriott, IHG, Hyatt, Wyndham, Choice, and Best Western are the most active players trading flags between brand families and bringing new brands into the market to focus on more specific micro-segments of the industry. Lifestyle brands have been especially popular for lei...
Hotel performance remained strong as we ended 2022 in the US despite rising inflation and economic uncertainty. As we move into 2023, pundits are predicting a recession to materialise over the next 24-36 months before we begin another growth cycle. The underlying US economy is strong. However, employment remains high, providing hope that any recess...
Mumford Company remains bullish on the medium and long-term outlook for hotel valuations and the hotel transaction market. Given a recovery from the current downturn, the underlying fundamentals and pent-up demand for travel for both leisure and business will push the market forward. Interest rates will likely become normalised in the range of 7-9%...
Apr 24, 2023 · Ed James (left) and Steve Kirby are both managing principals of hotel brokerage advisory firm Mumford Company. (Mumford Company) By Dana Miller Hotel News Now. April 24, 2023 | 12:32 P.M.
Jul 30, 2022 · Mumford Company. 2022-07-30 16:15:35. Choose Mumford Company for your hotel brokerage. Over 44 years ago, Mumford Company pioneered a new concept – real estate brokerage exclusively for hotel properties. Our brokerage professionals have broad experience in all aspects of lodging acquisitions, development, consulting and operations.
Mar 26, 2024 · Mumford Company, a full-service hospitality brokerage advisory firm, has revealed that it had a strong start to 2024, with multiple transactions closing in the first quarter. “The Federal ...
Mumford Company - Cumming, GA. 327 Dahlonega Rd Suite 202B Cumming, GA 30040 (770) 831-5878. Whether you are selling or buying hotel real estate, trust the Mumford Company's unsurpassed experience, integrity and success. For more than 30 years, they have helped sellers and buyers of hotel properties, amongst all major brands, make the most of ...
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