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A Look Ahead at 2017 Summer Travel Trends

A Look Ahead at 2017 Summer Travel Trends

The hospitality industry is gearing up for another profitable summer in 2017. From Memorial Day through Labor Day weekend, American spending is expected to surpass $98 billion, according to a new travel report from Adobe Digital Insights. However, flattening air and hotel ...

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Hotel Prices Skyrocket During Kentucky Derby Weekend

Hotel Prices Skyrocket During Kentucky Derby Weekend

With the Kentucky Derby just around the corner, the price of one-night in a hotel room during the weekend of the big race is 340 percent higher than the weekend before the race, according to hotel price comparison platform HotelsCombined. ...

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Marriott Sells the Westin Maui Resort & Spa

Marriott Sells the Westin Maui Resort & Spa

Marriott International today announced it has completed the sale of its long-term leasehold interest in The Westin Maui Resort & Spa, Ka’anapali for approximately $317 million. Marriott will continue to manage the 759-room property under a long-term management agreement. The ...

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Mumford Company Reports Strong Year

Mumford Company Reports Strong Year

NEWPORT NEWS, Va.—Mumford Company, a full-service hospitality brokerage advisory firm since 1978, announced its 2016 results and forecasted 2017 to be another solid year. They reported transaction value holding steady with average deal size continuing to grow considerably over past ...

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