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closings

Mumford Company Starts 2024 With Multiple Transaction Closings

NEWPORT NEWS, Virginia—Mumford Company announced it had a strong start in 2024, with multiple transactions closing in the first quarter of 2024. "The Federal Reserve's...

Four Financial Changes That Impact the Hospitality Industry’s ‘New Normal’

In 2019, the United States enjoyed the unprecedented 11th year of economic growth since the “Great Recession.” Economists predicted an economic downturn; the only...
wast palm beach

MHG Hotels Acquires Courtyard West Palm Beach Airport

WEST PALM BEACH, Florida—MHG Hotels announced the recent acquisition of Courtyard West Palm Beach Airport, marking a milestone in the company's growth. The property...
commercial real estate investment

CBRE: U.S. Commercial Real Estate Prices Show Signs of Stabilization

DALLAS—Commercial real estate prices are showing signs of stabilizing as inflation moderates and the Federal Reserve nears the end of its interest rate hiking...
June 2023

STR: U.S. Hotel Performance Increases But Shows Mixed Year-Over-Year Comparisons

HENDERSONVILLE, Tennessee—U.S. hotel performance jumped from the previous week, while year-over-year comparisons were mixed, according to STR's latest data through June 10, 2023. U.S. Hotel...
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