CEOs Provide Rosy Outlook at NYU Conference
Originally seen HERE. With a world on the verge of “normalization,” demand persistence, supply weakness and strong employment have major U.S. CEOs seeing even more upside to the recovery. The […]
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What information about my hotel will be made public and what will be kept confidential?
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 […]
How long will it take to sell my hotel?
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 […]
Who will be working on my listing?
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 […]
How will the value of my hotel be determined?
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. […]
Does Mumford Company represent both buyers and sellers?
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 […]
Select Assets Can Present Strong Opportunities for Hotel Investors
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 […]
Post-Pandemic Developments: Building Back Better in the Face of Predictable and Unpredictable Fallout
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 […]
