Noble Acquires Fourteen-Asset Hotel Portfolio
Portfolio includes Marriott, Hilton, and Hyatt properties
Noble Investment Group has acquired a fourteen-asset Marriott, Hilton, and Hyatt hotel portfolio. Noble will invest in physical enhancements across the portfolio while optimizing operations to drive market share and increase profitability.
According to CEO Mit Shah, Noble has invested more than $1.5 billion across the United States in 40 hotels with approximately 6,000 rooms since the second quarter of last year.
Noble is a real estate investment manager specializing in the travel and hospitality sector.