Tag: October 2022
Mumford Company Announces Three Quarters of Completed Sales Transactions
NEWPORT NEWS, Virginia—Mumford Company, a full-service hospitality brokerage advisory firm since 1978, announced it completed three quarters of sales transactions in 2022.
"We are still...
R.D. Olson Construction Completes Sheraton Park Anaheim Hotel Renovation
ANAHEIM, California—R.D. Olson Construction announced the completed renovation of the Sheraton Park Anaheim Hotel at the Anaheim Resort. The renovation was a transformation of...
Deloitte: Holiday Travel Demand Is Slowing Amid Economic Concerns
According to the 2022 Deloitte Holiday Travel Study, as a worsening economic outlook and concerns over travel disruption loom, travel demand is slowing. Key...
STR: U.S. Hotel Performance Increases Weekly, Shows Mixed 2019 Comparisons
HENDERSONVILLE, Tennessee—U.S. hotel performance increased from the previous week and produced mixed comparisons with 2019, according to STR's latest data through October 15, 2022.
October...
F&B Operations Are Back But Profit Margins Remain Far From Pre-Pandemic Levels
Throughout most of the pandemic recovery period, food and beverage (F&B) revenues have been the largest piece missing from the hotel profitability puzzle. Groups,...