- Associated Press - Wednesday, December 17, 2014

ALBUQUERQUE, N.M. (AP) - Albuquerque’s historic Old Town district will be getting its first new hotel in four decades.

Heritage Hotels and Resorts founder and CEO Jim Long says the development will be named Hotel Chaco in honor of one of the greatest architectural achievements in North America.

He tells the Albuquerque Journal (https://bit.ly/1qY1jQw) that the hotel will serve as a link between the past and a bright future.

The five-story, 118-room hotel is estimated to cost about $25 million to construct. Work is expected to be done in the spring of 2016.

In addition to the guest rooms, the hotel will have a rooftop restaurant and lounge, a spa and about 3,000 square feet of street-level retail space.

This will be Heritage Hotels’ 11th property in New Mexico. The company also owns the adjacent Hotel Albuquerque.


Information from: Albuquerque Journal, https://www.abqjournal.com

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