New Mexico Hotel Development & Transactions

New Mexico Hotel Development & Construction Pipeline

Property Name	Address	Rooms	Scale	Status
Cambria Hotel Albuquerque Old Town	2026 Central Avenue SW, Albuquerque	115	Upscale	Final Plan
Nob Hill Hotel	3200 Central Ave SE, Albuquerque	100	TBD	Planning
Avid Hotel Albuquerque Airport	1441 Woodward Road SE, Albuquerque	80	Midscale	TBD
Shiprock Pinnacle Hotel	0 US 491, Shiprock	83	TBD	TBD

New Mexico Recent Hotel Openings

Property Name	Address	Rooms	Scale	Opening Date
Element Albuquerque Uptown	2430 Louisiana Blvd NE, Albuquerque	126	Upscale	8/8/2024
TownePlace Suites \| Fairfield Inn & Suit...	2160 Louisiana Blvd NE, Albuquerque	149	Up Midscale	7/17/2024
Best Western Plus Executive Residency Ca...	2601 Patrick Street, Carlsbad	78	Up Midscale	8/16/2023
Baymont by Wyndham Carlsbad	3705 National Parks Highway, Carlsbad	60	Midscale	8/3/2023
Home2 Suites Hobbs	825 W. Joe Harvey Blvd., Hobbs	99	Up Midscale	2/16/2023

New Mexico Recent Hotel Sale Transactions

Property Name	Address	Rooms	Scale	Sale Date	Price	Details
Albuquerque Marriott Pyramid North	5151 San Francisco Road NE, Albuquerque	310	Up Upscale	9/8/2023	$ ...
Courtyard Albuquerque Airport	1920 Yale Boulevard S.E., Albuquerque	151	Upscale	10/16/2023	$ ...

Lodging Development Group provides hotel market intelligence that results in new business opportunities. As a leading industry source for lodging real estate intelligence and early stage project information, Lodging Development Group provides clients with hotel construction pipeline data, hotel project leads and hotel sales comparables (sales comps) in New Mexico and many other markets. Our New Mexico development reports provide key contact information for hotel owners, hotel developers, architects, civil engineers, management companies and other project participants. Subscribers are able to search for hotel ownership companies and hotel development companies, as well as hotels under development, in construction and recently sold by status, chain scale, size, sale price and other criteria.

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