There are a variety of ways to market hotels with the most preferred being maximum market exposure. The “bidding environment” created by this means, often yields the best result. A […]
Sale completion times vary widely due to a number of reasons including but not limited to: geographic region, local market, product type, franchise issues, financing climate and a host of […]
Each seller has primary contact with a specific broker at Mumford Company in order to foster a strong working relationship throughout the process. That a broker may also involve other […]
Mumford Company uses a team approach when estimating property value for our clients using our brokers from across the country review all our deals to give a very balanced valuation. […]
No. While Mumford Company works with both buyers and sellers we only represent the seller in the hotel sales process. A full explanation is found below. AGENCY In compliance with […]
Originally seen HERE. Earlier this year, Chatham Lodging Trust purchased this 132-room Residence Inn hotel in Austin, Texas. With the state’s economy fully reopened and the hotel’s proximity to The Domain […]
Originally seen HERE. It appears that the United States is emerging from the worst of the pandemic with a substantial portion of the population—including those whose leisure and livelihoods impact the hospitality […]
Originally seen HERE. Throughout 2020 and 2021, the extended-stay segment of the hotel industry has proved to be both pandemic and recession-proof. According to a report from the Highland Group, overall […]
