NEWPORT NEWS, Virginia—Mumford Company, a full-service hospitality brokerage advisory firm since 1978, announced they completed three-quarters of sales transactions in 2022. “We are still seeing a strong demand for acquisitions, especially in the mid-market focused service and extended stay segments,” said Ed James, managing principal, Mumford Company. “Buyers are taking a closer look however at short- and medium-term revenue forecasts and rethinking pricing metrics as a result of recently increased economic uncertainty. Owners are now […]

The post Mumford Company Announces Three Quarters of Completed Sales Transactions appeared first on LODGING Magazine.

This post was originally published on this site