Albuquerque, NM – Albuquerque-based Peak Hospitality (Peak) today announced it has big plans for the soon-to-be-renamed Hotel Cascada. Peak is managing an aggressive construction plan that includes a $5 million renovation of the property and a new franchise flag, Wyndham Hotel & Conference Center, by summer of 2017.

The renovation of the property, located at 2500 Carlisle Blvd. NE, will include a redesigned lobby, multiple upgrades to meeting and guest rooms, and a new state-of-the-art 1,100-square-foot fitness center, new exterior paint, new exterior landscape, addition of on-site vendors and other upgrades unique to the popular Wyndham brand. Based on completion of the renovations, the hotel will officially adopt the “Wyndham Hotel & Conference Center” name by May 31, which will mark the end of the hotel’s first phase of remodeling.

The 11-acre property includes two four-story buildings with 300 rooms, over 30,000 square feet of flexible conference space, and New Mexico’s only and nationally-ranked indoor water park with five pool areas, two slides and other amenities in a 30,000-square-foot facility adjacent to the hotel.

“Since the hotel’s construction in 1972, the property has become one of Albuquerque’s most recognized landmarks even as it has gone through several identities and renovations,” said Theodore Barela, CEO at Peak Hospitality. “As New Mexico natives who have seen the transformations this hotel has gone through, we’re excited to see this property shine as the renovations progress to make it one of Albuquerque’s premier hotels and conference centers.”

The Peak Hospitality team plans to honor the long-time Albuquerque families that helped to build the original Four Seasons property as well as the rich history of its fine dining and quality meals. This will be accomplished in how existing banquet areas and restaurants are remodeled and upgraded in the first phase. In all, there will be three phases of renovation. Future phases will include work on the water park and other improvements at the property.