Hospitality Repositioning Project

Albuquerque, New Mexico

Before & After Slideshow

Complete Image Gallery of Final Project

Hospitality Repositioning Project

Albuquerque, New Mexico

Nimes partnered with a hotel management company to acquire the 295-room Albuquerque Convention Center adjacent asset, located in the heart of downtown Albuquerque, New Mexico. In 2012, Nimes assumed control of the partnership and immediately instituted asset management and operational changes, including: negotiating a new franchise agreement; replacing the original operating partner with a third-party hotel management company; overseeing the implementation of brand-required Property Improvement Plan; and enhancing guest service and food and beverage operations. These initiatives have resulted in a marked improvement in the asset’s profitability.

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