Albuquerque, NM - 2024 Q3

This report analyzes Albuquerque, NM's lodging market in 3Q 2024. The city's economy is driven by technology, government, and leisure sectors, though population growth is slow. The overall market performance is below average, ranking in the 38th percentile nationally. The report details key metrics like occupancy, average daily rate (ADR), and revenue per available room (RevPAR) across different hotel classes. Luxury and upper-upscale classes show strengths in occupancy change, while other classes face challenges. The report also includes a brand representation analysis and investment risk assessment. Click here to view a shortened preview of the report.