Quality Inn & Suites

• Underperforming Opportunity with Significant Upside: The Property currently trails its competitive set, with RevPAR and occupancy approximately 25% below nearby competitors including Baymont, Days Inn, Ramada, and Econo Lodge.
• Diverse Santa Fe Demand Generators: Benefits from a diverse tourism economy driven by Historic Downtown, Canyon Road, the Georgia O’Keeffe Museum, Meow Wolf, and numerous art and cultural attractions. Major events including Indian Market, Spanish Market, Wine & Chile Fiesta, and the International Folk Art Market create strong compression periods, while Ski Santa Fe and the surrounding Sangre de Cristo Mountains support year round visitation.
• Recent Renovations: Converted from a GreenTree Inn in 2023, the Property underwent substantial renovations including new paint, furniture, and guestroom upgrades. The recent improvements help position the hotel competitively while minimizing near term capital needs.
• Near Historic Downtown Santa Fe: Located just 10 minutes from Historic Downtown, the Property offers convenient access to the city’s top attractions, restaurants, galleries, museums, and cultural landmarks.
• Los Alamos National Laboratory & Government Demand: Benefits from its proximity to Los Alamos National Laboratory (LANL), a major economic engine for Northern New Mexico ($5B annual economic impact), as well as demand generated by state government offices and regional institutions.
• Year Round Market Fundamentals: Unlike many seasonal lodging markets, Santa Fe benefits from a balanced mix of leisure, government, cultural, and institutional demand. This diversified demand base helps support consistent occupancy and ADR performance throughout the year.