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Mumford Company | Trusted Hotel Advisors Since 1978

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You are here: Home / Blog

Blog

How to navigate the SBA loan process

September 29, 2025 by mumford

Originally seen HERE. A Small Business Administration loan is a popular option for all sorts of businesses, and the hotel business is no exception. Many hoteliers who seek to finance the purchase of a hotel property, either a new construction or an existing hotel, turn to a government-backed SBA loan rather than a conventional bank or private lender. It can be taxing to navigate the process, Continue Reading about How to navigate the SBA loan process

Filed Under: Press

AAA: Seattle Remains Among Top Labor Day Weekend Destinations

August 25, 2025 by mumford

Originally seen HERE. According to AAA booking data, Seattle, Orlando, and New York are the three most popular cities over Labor Day weekend, and flights, hotels, and car rentals are cheaper compared to last year. “Labor Day caps off summer travel and provides one final holiday weekend before the fall routine begins,” said Stacey Barber, vice president of AAA Travel. “The top cities on Continue Reading about AAA: Seattle Remains Among Top Labor Day Weekend Destinations

Filed Under: Press

Ask the experts: What owners, operators need to know about hotel financing

August 18, 2025 by csmith

Originally seen HERE. In today’s evolving hospitality landscape, understanding hotel financing is essential. As interest rates fluctuate, consumer travel habits shift and new competitors emerge, hoteliers must be financially savvy to stay ahead. Profitability hinges on strategic financial decisions, from securing funding for renovations to managing debt and cash flow during off-seasons. We Continue Reading about Ask the experts: What owners, operators need to know about hotel financing

Filed Under: Press

HM on Location: Talking extended-stay challenges, opportunities at ExStay D.C. Workshop

August 11, 2025 by mumford

Originally seen HERE. In late July, the Extended Stay Lodging Association—a membership-based non-profit association for owners and operators of extended-stay hotels—and Kalibri Labs, hosted the ExStay D.C. Workshop at the Westin Crystal City Reagan National Airport. The one-day event brought representatives from hotel brands, management companies, investment groups and performance-analytics Continue Reading about HM on Location: Talking extended-stay challenges, opportunities at ExStay D.C. Workshop

Filed Under: Press

Hotel guest satisfaction rises despite higher room rates: J.D. Power

July 28, 2025 by mumford

Originally seen HERE. Despite record-high room rates, hotel guests across all segments report higher satisfaction and an improved sense of value, according to the J.D. Power 2025 North America Hotel Guest Satisfaction Index (NAGSI) Study. The study, released today, found that satisfaction has grown due to better guest room conditions, cleanliness, and amenities such as smart TVs. “We’re at Continue Reading about Hotel guest satisfaction rises despite higher room rates: J.D. Power

Filed Under: Press

The Leisure Travel Market Will Be Worth $15 Trillion by 2040, Report Says

July 21, 2025 by mumford

Originally seen HERE.You don’t need statistics to know that airports and aeroplanes are crammed far more densely than they used to be. But a report by Boston Consulting Group spells out just how quickly the travel industry is growing. The company’s global review of leisure travel, based on a survey of nearly 5,000 travellers, estimates that annual consumer expenditure on travel will triple, from Continue Reading about The Leisure Travel Market Will Be Worth $15 Trillion by 2040, Report Says

Filed Under: Press

The wall may hold through year-end, but the foundation is shifting. For both borrowers and lenders, the time to plan for what’s next is now.

July 14, 2025 by mumford

Originally seen HERE. With $6.2 billion in hotel CMBS loans scheduled to mature this year, the hospitality sector is staring down its most active refinancing cycle since the pandemic era. But despite concerns around rate pressure, asset-level performance and capital availability, the reality is less of a crisis and more of a slow burn. Structural relief mechanisms and temporary income stability Continue Reading about The wall may hold through year-end, but the foundation is shifting. For both borrowers and lenders, the time to plan for what’s next is now.

Filed Under: Press

Global Hotel Industry Receives Vote of Confidence From Hospitality Execs

July 7, 2025 by mumford

Originally seen HERE.Global Hotel Alliance, the world’s largest alliance of independent hotel brands, including Kempinski Hotels, Corinthia Group and Pan Pacific Hotels Group, provided an optimistic outlook on the future of the hospitality industry at its annual CEO meeting in Brussels.  Over thirty CEOs and senior representatives of over 45 hotel brands met at the Corinthia Hotel Brussels to Continue Reading about Global Hotel Industry Receives Vote of Confidence From Hospitality Execs

Filed Under: Press

U.S. hotel results for week ending 21 June

June 30, 2025 by mumford

Originally seen HERE.  The U.S. hotel industry reported positive year-over-year comparisons, according to CoStar’s latest data through 21 June. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets. 15-21 June 2025 (percentage change from comparable week in 2024): Among the Top 25 Markets, San Francisco saw the Continue Reading about U.S. hotel results for week ending 21 June

Filed Under: Press

How insurance has become a disruptive force in hotel underwriting

June 23, 2025 by mumford

Originally seen HERE. After years of pandemic-driven disruption, RevPAR has largely returned to pre-2020 levels across many US hotel markets, particularly those with strong leisure demand. This metric increased by 1.8 percent last year, with CoStar noting it reached $99.94. On top of this, CBRE projects a 2 percent growth in RevPAR for 2025, driven by modest increases in inbound international Continue Reading about How insurance has become a disruptive force in hotel underwriting

Filed Under: Press

HM on Location: U.S. hotel industry counts reasons to be cheerful amid noise

June 9, 2025 by mumford

Originally seen HERE. Faced with rising costs, tariffs, labor issues, insurance, deferred maintenance, and accelerating technology, hotel leaders must find ways to tackle this “challenging time of great uncertainty,” according to Rosanna Maietta, president and CEO, American Hotel & Lodging Association. Speaking at the NYU International Hospitality Investment Forum on a panel about the Continue Reading about HM on Location: U.S. hotel industry counts reasons to be cheerful amid noise

Filed Under: Press

Losing bookings? With strategic digital insights, not everything is lost.

June 2, 2025 by mumford

Originally seen HERE. In today’s rapidly evolving digital landscape, hotels face unprecedented challenges—and opportunities—in attracting and converting guests. While a lost booking might seem like a setback at first glance, it can also provide crucial clues into guest behavior and market trends. By diving deep into data across booking engines, metasearch platforms, SEO and digital advertising, Continue Reading about Losing bookings? With strategic digital insights, not everything is lost.

Filed Under: Press

AAA: 45.1 Million Travelers Expected to Go 50 Miles or More for Memorial Day Weekend

May 19, 2025 by csmith

Originally seen HERE. AAA projects 45.1 million people will travel at least 50 miles from home over the Memorial Day holiday period from Thursday, May 22, to Monday, May 26. This year’s domestic travel forecast is an increase of 1.4 million travelers compared to last year and sets a new Memorial Day weekend record. The previous record was set back in 2005 with 44 million people. Despite Continue Reading about AAA: 45.1 Million Travelers Expected to Go 50 Miles or More for Memorial Day Weekend

Filed Under: Press

How to repurpose space to generate revenue

April 28, 2025 by mumford

Originally seen HERE. Though room bookings account for the majority of an average hotel’s revenue, many hotels rely on revenue from other sources, including food and beverage, parking, events and more. This is especially important in an era when building costs are significantly higher than they were even five years ago, and labor costs have not come down. With this in mind, today’s Continue Reading about How to repurpose space to generate revenue

Filed Under: Press

PIP strategies: Planning your property’s glow-up

April 21, 2025 by mumford

Originally seen HERE. It’s not enough for a hotel or hotel group to repaint the walls and change carpeting and light fixtures in guest rooms and swap out color schemes and seating in public areas. Glossy travel magazines and travel-focused “lifestyle” television have shaped the expectations of travelers for years. Factor in the watershed influence of influencers and social media, and keeping Continue Reading about PIP strategies: Planning your property’s glow-up

Filed Under: Press

More events, meetings spur hoteliers’ confidence in group demand recovery

March 24, 2025 by Waleed Zaman

Originally seen HERE. Major markets drive group demand growth, though infrastructure projects fuel demand at economy, midscale brands. U.S. hoteliers are forecasting higher group sales for 2025. Demand growth from the tech, medical and healthcare industries are driving larger bookings at resorts and upscale properties while construction and infrastructure activity spurs more group Continue Reading about More events, meetings spur hoteliers’ confidence in group demand recovery

Filed Under: Press

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CUSTOMER TESTIMONIALS

Highly Impressed By His Knowledge And Integrity

I have worked with David Mumford and Mumford Company on several transactions over the last 13 years, and I’ve been highly impressed by his immense knowledge of the hospitality industry, specific brands and his integrity. I thank David and his group for their vast knowledge in this industry and look forward to working with them again!

Jay Patel

A Pleasure Working With You

"Dear Mr. Kirby ... Armen and I would like to thank you, Burton Brooks and your company for helping to sell our property. We would like to especially thank Mr. Brooks for his hard work and due diligence. We can honestly say that it was a pleasure working with both of you. ... Both you and Mr. Brooks made this an extremely positive experience. We will always highly recommend The Mumford Company and hope to continue to do future business with you. God Bless, Always."

Armen and Priti Grigorian

Beyond Normal Broker Expectations

Ed, You went beyond normal 'Broker" expectations and responsibilities with all your Best Western communications and planning for the transfer of the membership as well as working with the purchaser though the whole process. I have never seen a Broker do so many well done tasks to get a hotel sold. You are the man,

Harvey Moore

I truly appreciate it

"Thanks very much for your cooperation in this transaction. It was a pleasure working with you all. I truly appreciate it. It was also pleasure working with seller for their their understanding and full cooperation."

Pravin K. Patel

A “win / win” for every deal

I have worked with David and Mumford & Co - Hotel Brokers since 1991. I have used them numerous times as both a seller and a purchaser. David’s deep knowledge of the market and timeliness in working the "deal" is without question the best I have experienced in the hotel real estate brokerage. In these challenging times, I value David’s integrity and creative ideas in getting to a "win / win" for every deal we work on. My highest recommendation!

Michael L. Allen

New Albany Hampton Inn

"Dear Robert ... You recommended the Mumford Company two years ago, and I could not have been more pleased. As you know, the sale of the New Albany Hampton Inn was challenging. Steve Kirby and the rest of his team were very professional, gave me consistently good advice, was clearly on our side through the whole ordeal, I always felt very well represented by them and were a joy to work with from beginning to end."

Kevin S. McKenney

Our Team

David Mumford
Senior Principal
David Mumford
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Ed James
Managing Principal
Ed James
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Steve Kirby
Managing Principal
Steve Kirby
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Justin Pinkard
Managing Principal
Justin Pinkard
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Burton Brooks
Vice President
Burton Brooks
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Ryan Patterson
Vice President
Ryan Patterson
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Carter Willcox
Vice President
Carter Willcox
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GR Patel
Senior Associate
GR Patel
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Tripp Lowe
Sales Associate
Tripp Lowe
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Andrew Lowe
Sales Associate
Andrew Lowe
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John James
Senior Associate
John James
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Lillian Walker
Sales Associate
Lillian Walker
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Nick McCardel
Sales Analyst
Nick McCardel
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