George Mumford founded The Mumford Company in 1978 and is a recognized leader in the brokerage of economy and mid-market hotels. In addition to his active brokerage practice, George provides an experienced source of advice and counsel to his colleagues on matters ranging from property valuations, sales strategies and general business practices.
In his distinguished career, George has been involved in the sale of over 300 hotel properties valued in excess of $600 million. During the firm’s tenure with Hotel & Motel Brokers of America, George was a winner of the “Top Performer” award from 1993 through 1999. More recently, George has participated in some of the firm’s larger transactions and led the firm in dollar volume of sales in 2004.
George has been a frequent participant and panelist at numerous industry conferences including the AAHOA Annual Convention, the AH&MA Economy Lodging Conference, the Choice Hotels International Annual Convention and numerous state associations. For seven years, George authored monthly articles on hotel real estate for Hotel & Resort Industry and he has also contributed to other publications including Hotel Business and Real Estate Forum.
Prior to his founding of The Mumford Company, George enjoyed a distinguished career with one of Virginia’s largest banks, where he rose through the ranks to become senior regional credit officer. From the banking industry, George joined a large, multi-discipline real estate firm that became involved in numerous facets of the hotel industry, including brokerage, operations and development.
George is a graduate of the College of William and Mary and the Stonier Graduate School of Banking at Rutgers University. Among his many civic and community achievements, George is a past Chairman of the Virginia Housing Development Authority.
Mumford Company was established in 1978 to provide top-quality hotel brokerage services and has a team of brokerage professionals with broad experience in all aspects of lodging acquisitions, development, consulting, and operations. They represent sellers of most major brands in markets throughout the country, and their diverse background allows them to have an awareness of key opportunities within the marketplace, so they can accurately position their client’s assets to maximize their investment results. The firm has an experienced sales team in regional offices across the country, including Newport News, Virginia; Atlanta, Georgia; Chicago, Illinois; Dallas, Texas, Washington D. C. and the newly opened Philadelphia, Pennsylvania office. Their track record of success for buyers and sellers made Mumford Company a leader for the last 48 years while upholding the values of the company from when it first began. For more information or to put the Mumford Company team to work for you, please contact Mumford at 757-873-0962.