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mumfordcompany

Mumford Company | Trusted Hotel Advisors Since 1978

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Blog

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

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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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https://www.wpmart.org
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Steve Kirby
Managing Principal
Steve Kirby
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https://www.wpmart.org
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Justin Pinkard
Managing Principal
Justin Pinkard
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mail@example.com
https://www.wpmart.org
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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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