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mumfordcompany

Mumford Company | Trusted Hotel Advisors Since 1978

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Industry Performance, Data & Forecasts

Shifting Ground: The new landscape of hotel performance

December 15, 2025 by kholland

Shifting Ground: The new landscape of hotel performance. Across the hospitality industry, the data reveals a subtle yet telling shift. A divide appears to be emerging between luxury and midscale hotels, while budget properties remain largely steady. Luxury Hotels. Continue to inch ahead, driven by travelers who have the financial freedom to seek elevated experiences, personalized service Continue Reading about Shifting Ground: The new landscape of hotel performance

Filed Under: Industry Performance, Data & Forecasts, Press, Segment-Specific Trends (Extended Stay, etc.)

U.S. hotel results for week ending 21 June

June 30, 2025 by kholland

U.S. hotel results for week ending 21 June 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 Continue Reading about U.S. hotel results for week ending 21 June

Filed Under: Industry Performance, Data & Forecasts, Press

Rising Hotel Insurance Costs Threaten Profits & Growth

June 23, 2025 by kholland

U.S. Hotel Owners Face Record Insurance Costs Amid RevPAR Recovery 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, Continue Reading about Rising Hotel Insurance Costs Threaten Profits & Growth

Filed Under: Industry Performance, Data & Forecasts, Press, Strategy, Operations & Management

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

June 9, 2025 by kholland

U.S. Hotel Industry Finds Reasons for Optimism Amid Market Uncertainty and Industry Noise 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 Continue Reading about HM on Location: U.S. hotel industry counts reasons to be cheerful amid noise

Filed Under: Industry Performance, Data & Forecasts, Labor, Staffing & Workforce, Press

Events & Meetings Drive Hotelier Confidence in Group Demand Recovery

March 24, 2025 by kholland

  Major Markets Fuel Group Demand Growth While Infrastructure Projects Boost Economy & Midscale Hotel 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 business at Continue Reading about Events & Meetings Drive Hotelier Confidence in Group Demand Recovery

Filed Under: Industry Performance, Data & Forecasts, Press

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Phone No : (757) 873-0962 I want to sell my hotel Search Listings
  • George Mumford
  • David Mumford
  • Ed James | Managing Principal & Senior Hotel Broker | Mumford Company | Virginia
  • Steve Kirby | Senior Hotel Broker & Hospitality Investment Specialist | Mumford Company
  • Justin Pinkard | Managing Principal & Hotel Investment Advisor | Washington, D.C
  • Ryan Patterson
  • Carter Willcox
  • Burton Brooks
  • GR Patel
  • Tripp Lowe
  • Andrew Lowe
  • John James
  • Lillian Walker | Hotel Broker & Hospitality Real Estate Specialist | Philadelphia, Pennsylvania
  • Leslie Fischgrund
  • Yolanda George
  • Karen Holland

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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

Ed James
Managing Principal
Ed James
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Steve Kirby
Managing Principal
Steve Kirby
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mail@example.com
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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David Mumford
David Mumford
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Burton Brooks
Vice President
Burton Brooks
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https://www.wpmart.org
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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
Vice President
GR Patel
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John James
Senior Associate
John James
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Tripp Lowe
Sales Associate
Tripp Lowe
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Andrew Lowe
Sales Associate
Andrew Lowe
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Lillian Walker
Sales Associate
Lillian Walker
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