Originally seen HERE. U.S. hotel occupancy came in lower than the previous week but reached an all-time high on Christmas, according to STR’s latest data through December 25, 2021. Christmas Day occupancy (47.2 percent) was just above the previous high from 2015 (47.0 percent). While Omicron-related closures and service disruptions affected performance in New York City, Continue Reading about STR: U.S. Hotel Occupancy Reaches All-Time Christmas High
Blog
Resilience and Hope in 2022
by Steve Kirby, Managing PrincipalThroughout 2022, resilience will be the word heard most frequently in the lodging industry . Over two tumultuous years – through disease, labor shortages, supply chain issues and inflation - the hospitality industry has faced the challenges, reshaped itself, and moved ahead. The second most frequent reference will be hope. Hope that the issues out of our Continue Reading about Resilience and Hope in 2022
AHLA releases 2022 State of the Hotel Industry report at ALIS
Originally seen HERE.As the ALIS Conference kicked off at the JW Marriott/Ritz-Carlton Los Angeles L.A. Live today, the American Hotel & Lodging Association released its 2022 State of the Hotel Industry report, developed with Accenture. According to the report, the travel outlook for 2022 is “trending positively,” but the association expects “continuing volatility,” with full Continue Reading about AHLA releases 2022 State of the Hotel Industry report at ALIS
The U.S. Construction Pipeline Stands at 4,814 Projects/581,953 Rooms at Year-End 2021
Originally seen HERE. Analysts at Lodging Econometrics (LE) report that at the fourth quarter close of 2021, the total U.S. construction pipeline stands at 4,814 projects/581,953 rooms, down 8% by projects and 10% by rooms year-over-year (YOY). While project totals have dipped slightly YOY, the number of projects in the early planning stage continues to rise. In the final quarter of 2021, Continue Reading about The U.S. Construction Pipeline Stands at 4,814 Projects/581,953 Rooms at Year-End 2021
Remote Work Is Defining a New Socialization for Business Travel
Originally seen HERE. It’s the beginning of an entirely new industry, based around places and spaces that turbocharge employee gatherings. Retreats, offsites, onsites — call them what you want, but team building will be big business in 2022 as company travel budgets are steered towards the Great Reconnection. Although sales exces will likely be among the first lucky few to return to Continue Reading about Remote Work Is Defining a New Socialization for Business Travel
Newport News, VA Headquarters
Our current celebration of the 45th anniversary of the founding of Mumford Company in Newport News, VA has inspired a renewed commitment to the Company's philosophy as a top hotel brokerage firm of integrity, relationships, and experience. This philosophy has afforded the Mumford Company a solid foundation of success and growth. With offices in major U.S. cities to serve clients regionally and Continue Reading about Newport News, VA Headquarters
Atlanta, GA
Situated in north metropolitan Atlanta, the southeastern hub office has been in existence for more than two decades. Ideally located to serve clients both regionally and nationally via Hartsfield Jackson International Airport, the Atlanta-based brokers and analysts offer a wealth of knowledge and expertise to maximize clients' investment needs. Continue Reading about Atlanta, GA
Washington DC
Mumford Company's DC office, lead by Justin Pinkard, Principal, is located just outside Washington, D.C. Also working out of the D.C. office, are Sales Associates, Andrew & Tripp Lowe. This locatione strategically positions the Company to better serve clients throughout the Northeastern states, via multiple air transportation options in D.C., as well as regional clientele in Northern Virginia. Continue Reading about Washington DC
