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Hampton Inn & Suites by Hilton Hobbs – Image Credit HVS HVS Brokerage & Advisory announces the sale of the 67-key Hampton Inn & Suites by Hilton Hobbs, located at 5420 North Lovington Highway, Hobbs, New Mexico 88242. The property, built in 2004, was purchased by Maruti Hospitality LLC, based in Los Angeles, California, from Insignia Hospitality Group, based in Midland, Texas. The property benefits from its strategic location along North Lovington Highway in Lea County, which ranks first in oil production nationwide, surrounded by key demand generators such as Halliburton, ConocoPhillips, Chevron, Baker Hughes, Covenant Health Hobbs Hospital, Patterson-UTI Drilling Co.,…
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