Michael Cummings

Managing Director Horwath HTL

Michael  CummingsMichael Cummings, MAI ISHC, is a Managing Director in the USA with offices in Norfolk, New York, Orlando, Miami, Denver and Mexico. He brings over 20 years of professional consulting experience to Horwath HTL. He holds a Bachelor of Science in Business Administration, with concentrations in Finance and Real Estate from Old Dominion University, is a Designated Member of the Appraisal Institute (MAI), a member of the International Society of Hospitality Consultants (ISHC), and actively holds appraisal licenses in over twenty states.
Insights by Michael Cummings (1)

Horwath HTL - 2019 USA Hotel Market - Trends & Analysis Report

The U.S. hotel industry was already set for a non-growth year. Real GDP growth, almost always a reliable indicator of hotel performance, had decelerated in 2019 for the first time in a decade due to weak capital spending, increased tariffs and slowing global growth.