Mumford Company closes the sale of the Days Inn of Salem, Virginia

Salem, VA - The Mumford Company was pleased to represent the principals of Dil
Enterprise, Inc. in the sale of the Days Inn of Salem, Virginia to Devkison, LLC. The sale was
facilitated by David Mumford of the Mumford Company’s headquarters in Newport News, Virginia.
The sellers plan to redeploy the proceeds from the sale into other select service hotel acquisitions
in western Virginia.
The purchasers plan to make cosmetic renovations to this 71 room property and continue
to operate under the Days Inn banner.

Virtual Event

HOTEL OPTIMIZATION PART 2 | Now Available On-Demand

Survival in these times is highly dependent on a hotel's ability to quickly adapt and pivot their business to meet the current needs of travelers and the surrounding community. Join us for Optimization Part 2 – a FREE virtual event – as we bring together top players in the industry to discuss alternative uses when occupancy is down, ways to boost F&B revenue, how to help your staff adjust to new challenges and more, in a series of panels focused on how you can regain profitability during this crisis.


Suggested Articles

The partnership with Black Salmon leverages both company's strengths across acquisitions, asset management and capital raising.

The online event consolidated five in-person events into the two-day Hotec Global virtual conference.

A new entity will combine a number of brands, including Hoxton, Gleneagles, Delano, SLS, Mondrian, SO/, Hyde, Mama Shelter, 25h and 21c Museum Hotels.