Noble Acquires Fourteen-Asset Marriott, Hilton, and Hyatt Hotel Portfolio

Exterior of a Renaissance Hotels
Renaissance Hotels - a luxury hotel brand of Marriott International.

Noble Investment Group is investing in physical enhancements across its latest acquisition of a fourteen-asset Marriott, Hilton, and Hyatt hotel portfolio while optimising operations to drive market share and increase profitability. 

According to Ben Brunt, Chief Investment Officer at Noble, the acquisition of these premium branded hotels is aligned with their strategy to invest in well-located assets in high-growth markets with healthy business and leisure demand. 

As of the second quarter of 2021, the company has already invested over 1.5 billion dollars across 40 hotels with a total of approximately 6,000 rooms in the United States.