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mumfordcompany

Mumford Company | Trusted Hotel Advisors Since 1978

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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

Losing Hotel Bookings? Increase Direct Reservations with Strategic Hospitality Marketing & SEO Insights

June 2, 2025 by kholland

Losing Hotel Bookings? Increase Direct Reservations with Strategic Hospitality Marketing & SEO Insights 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 Continue Reading about Losing Hotel Bookings? Increase Direct Reservations with Strategic Hospitality Marketing & SEO Insights

Filed Under: Press, Technology & Innovation

45.1 Million Americans Expected to Travel for Memorial Day 2025, Setting New Record

May 19, 2025 by kholland

Memorial Day Travel 2025 Expected to Break Records With 45.1 Million Travelers 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 Continue Reading about 45.1 Million Americans Expected to Travel for Memorial Day 2025, Setting New Record

Filed Under: Press, Travel Demand & Consumer Behavior

How to Maximize Hotel Revenue by Repurposing Unused Space

April 28, 2025 by kholland

How to Maximize Hotel Revenue by Repurposing Unused Space 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. Continue Reading about How to Maximize Hotel Revenue by Repurposing Unused Space

Filed Under: Development, Construction & Asset Management, Press

PIP strategies: Planning your property’s glow-up

April 21, 2025 by kholland

Hotel Renovations & PIPs: Driving Guest Satisfaction, Employee Retention, and Long-Term Profitability 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 Continue Reading about PIP strategies: Planning your property’s glow-up

Filed Under: Development, Construction & Asset Management, Labor, Staffing & Workforce, Press, Renovations

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

Hotel Financing in 2025: Banks vs. Private Lenders Explained

February 24, 2025 by kholland

Banks vs Private Lenders for Hospitality Financing: Key Differences Explained The hospitality industry’s recovery from recent global challenges has reshaped financing needs. Hotels now seek capital not just for traditional expansions, but also for technological upgrades, sustainability initiatives, and operational enhancements. This shift demands a nuanced understanding of both Continue Reading about Hotel Financing in 2025: Banks vs. Private Lenders Explained

Filed Under: Finance, Investment & Transactions, Press, Technology & Innovation

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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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https://www.wpmart.org
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Justin Pinkard
Managing Principal
Justin Pinkard
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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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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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