Mumford Company Announces Three Quarters of Completed Sales Transactions
NEWPORT NEWS, Virginia—Mumford Company, a full-service hospitality brokerage advisory firm since 1978, announced they completed three-quarters of sales transactions in 2022. “We are still seeing a strong demand for acquisitions, especially in the mid-market focused service and extended stay segments,” said Ed James, managing principal, Mumford Company. “Buyers are taking a closer look however at short- and medium-term revenue forecasts and rethinking pricing metrics as a result of recently increased economic uncertainty. Owners are now […]
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U.S. Hotel Results for Week Ending Dec. 14
WASHINGTON, DC—The U.S. hotel industry reported positive year-over-year performance comparisons, a
WaterWalk Holding Company Completes Successful Sale of WaterWalk Phoenix
WICHITA, Kansas—WaterWalk is pleased to announce the successful sale of its WaterWalk Phoenix Nort
MMGY: U.S. travel demand reaches four-year high
Accentuated by upticks in brand loyalty and outbound tourism, Americans expressed their strong appet
