Tag: U.S. hotel transactions
Hotel Transaction Downtrend: Interest Rates Played Major Role in Soft 2023 U.S. Market
The “higher-for-longer” interest rate environment had a chilling impact on the U.S. hotel transaction market in 2023. After a strong 2022, only $22 billion...
Mumford Company Completes Hampton Inn of Bridgeport, West Virginia Transaction
NEWPORT NEWS, Virginia—Mumford Company, a full-service hotel advisory firm since 1978, was pleased to again represent affiliates of Virginia Inn Management (VIM) in the...