New Mexico is in the midst of a hotel deal that could be on the verge of being canceled, according to hotel insiders.
The state has been negotiating with the Marriott Marquis Hotel Group for a deal that would provide about half of its hotels with more than 100 rooms.
That would provide for up to 1,200 rooms at the Marquis.
The deal is in talks with the hotel group, which would like to expand to include about half the hotels at the hotel, according a source with knowledge of the discussions.
If the deal goes through, the hotels could be able to offer more than 1,000 rooms at $4 a night, which is about $1,200 a night.
The deal is not subject to any environmental review, the source said.
The hotel company and New Mexico Governor Susana Martinez have been in talks for months about a new deal that is expected to be finalized in the next few days, the sources said.
If approved, the hotel deal would be the biggest in the state, with some of the largest hotels in the world.
New Mexico is one of the most populous states in the country.
There are more than 70,000 hotel rooms, according the Marriott Hotel Group.
The state is home to the Marriotts Marriot hotel, the Marrillons Holiday Inn, the Red Rock Resort and the Casinos Marriot and Marriot Casino, which has been closed since last year.
The Marquis is owned by the hotel company that has the contract to operate the hotel.
The contract expires in 2019, and there is no immediate deal in place, said a Marriott spokesperson.