619 N Marland Blvd
Hobbs, NM 88240
Econo Lodge Hobbs · Services hôteliers Bien À vendre · 37 Chambres

Marketing description
The Econo Lodge Hobbs occupies a convenient position along 619 N Marland Blvd (US-62/180), giving guests direct connection to downtown Hobbs, nearby industrial centers, and regional transportation routes. The hotel serves a diverse group of travelers, heavily anchored by commercial workers in oilfield services, construction, and agriculture, alongside visitors to local higher education and sporting facilities.
With 37 guest rooms and 1 manager's unit (3 bed/2.5 bath), the asset offers essential amenities designed for convenience and cost-effectiveness, including laundry and ice machines for guests use. The Hobbs hospitality market experiences consistent, non-cyclical demand driven by industrial activity across the Permian Basin, allowing well-positioned budget assets to maintain good occupancy and healthy margins year-round.
- Submarket Overview: The hotel's submarket, New Mexico South Area, exhibited a Year-To-Date (Jun 2026) Occupancy of 58.7% and an ADR of $109.20.
- Competitive Position: On a Year-To-Date basis, the subject property maintains an occupancy advantage, as evidenced by its YTD MPI of 102.7 (Occupancy Index), demonstrating that the property captures a higher volume of demand than its competitive set. However, lower relative rates (ARI of 73.3) yield a YTD RGI of 75.3, highlighting significant upside potential to drive RevPAR through targeted rate management.