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Navigating the Hospitality Industry as a First-Time Investor

Being a first-time investor in the hospitality industry can be overwhelming, as multiple factors—the state of the market, who to invest with, what type...
Fairfield Inn & Suites Charlottesville Downtown University Area Photographer: Saleh Lotfy

Mumford Company Forecasts Strong First Half of 2019 for Hotel Deals

Newport News, Va.—Mumford Company, a full-service hospitality brokerage advisory firm since 1978, is forecasting robust sales results for the first and second quarters of...

Minibar Market Projected to be Worth $1.49 Billion by 2024

The global minibar market size is projected to reach $1.49 billion by 2024, owing to the transformation, growth, and emergence of the hospitality industry...
Indianapolis Skyline (Photo credit: Visit Indy)

Indianapolis Records Record Tourism Spending

INDIANAPOLIS–Visitors to Indianapolis have boosted the region’s economy with record spending for six consecutive years, according to research conducted by Rockport Analytics on behalf...
growth chart

Slowing Revenue Growth Offset by High Occupancy and ADR

In 2016, the strong growth levels enjoyed by the U.S. lodging industry for the past few years experienced a significant slowdown. Moderate rate growth...