Albuquerque, NM - 2024 Q4

The Albuquerque, NM lodging market is analyzed in this report, covering data through 4Q 2024. The local economy is supported by tech and university sectors, but faces challenges with slow population growth. Hotel market performance is ranked in the 21st percentile, with varied rankings across luxury, upscale, and midscale classes. Occupancy, ADR, and RevPAR trends are tracked, along with brand representation and investment rates. Key demand generators include Sandia National Laboratories and the University of New Mexico. The report also looks at air passenger data and published hotel rates. Click here to view a shortened preview of the report.