Steve Kirby, Managing Principal, Mumford Company
Distressed Hotels: A Good Deal?
Savvy investors constantly search for that really “good deal.” For the right purchaser, a distressed hotel may present this opportunity. Properties are distressed for many reasons, lack of revenue being the number one but...
Is the Perfect Storm Brewing for Hospitality Properties?
At the end of 2019, prognosticators expressed cautious optimism about economic prospects for 2020. Economic fundamentals, such as an 11-year upward trend in the economy, continuing job growth that has brought a growing number...