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Listing was updated on: 11/06/2022

4630 Pan American Fwy NE, Albuquerque, NM 87109, USA

LocationHotel is located on the north end of Albuquerque just off Interstate 25. It is located close to the Albuquerque International Airport, Old Town, Sandia Peak Tramway, Nuclear Museum, the University of New Mexico and the Lovelace Woman's Hospital.SaleNewGen Advisory is pleased to offer for sale the Best Western Plus Executive Suites in Albuquerque, New Mexico. The hotel is conveniently located close to the Albuquerque International Airport, Old Town, Sandia Peak Tramway, Nuclear Museum, the University of New Mexico and the Lovelace Woman's Hospital.

The hotel offers 89 two-room suites, each with a microwave and refrigerator. Additional amenities at this property include an indoor heated swimming pool with hot tub, fitness center, a full-service business center and meeting facilities.

At the end of May 2022, the hotel's year to date revenue exceeds the same period in previous year by over 51%. The ADR for the hotel continues to increase over the 2019 rates however, the hotel's current ADR is still below its competitive set and the average of the other Upscale and Upper Midscale hotels in the submarket. With a comprehensive rate management and occupancy building strategy in place, the new owner has an opportunity to significantly enhance the financial performance of the hotel.