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Noble Investment Completes Conversion of the AmeriSuites in
Schaumburg, Illinois to Hyatt Place Chicago/Schaumburg

Jason Dinkins Named General Manager
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ATLANTA, Ga. – October 2, 2008 – Privately held Noble Investment Group (“Noble”), a leading sponsor of private equity real estate funds and an integrated lodging and hospitality operating and development organization, today announced the opening of the Hyatt Place Chicago/ Schaumburg located in Schaumburg, Illinois.  

Hyatt Place, recently named the top mid-scale, full-service brand in the J.D. Power and Associates 2008 North America Hotel Guest Satisfaction IndexSM, complements Hyatt’s full-service brands by combining contemporary design with innovative services and amenities to create an atmosphere of casual hospitality.  

The 127-room Hyatt Place is located in Schaumburg, a major suburb in the northwest corridor of Chicago and the largest center for economic development outside of the city.  A comprehensive conversion provided the hotel with substantial hotel improvements throughout all guestrooms, public areas and the 4,000 square feet of meeting and event space.  The traditional guest lobby was reconfigured into the Hyatt Place Gallery, featuring Hyatt self service kiosks, Hyatt bar/cafe, e-room providing Wi-Fi internet access, and freshly prepared meals available around the clock, served in the Guest Kitchen.  Guest rooms feature a state-of-the-art media and work center complete with 42”flat-panel HDTVs, contemporary decor, stylish furnishings, and the Hyatt Grand Bed. 

“Our Noble development team has completely transformed this property into an exceptional hotel product,” said Bob Morse, managing principal and chief operating officer.  “Our team is now charged with taking this quality asset and quickly growing revenue market share and profit margins through the execution of Noble’s property management team.”  

Jason Dinkins has been named general manager of this newly rebranded Hyatt Place.  Jason and his team are responsible for overseeing the day-to-day operations, sales and marketing efforts and ensuring exceptional guest experiences.  Jason has over ten years of experience in the hospitality industry as a veteran general manager and has a track record of consistently achieving topmost guest satisfaction results.   

Paulina Mach has been named director of sales and marketing and is responsible for the Hyatt Place Schaumburg’s sales and marketing leadership and strategies.  Paula has over eight years of hospitality industry experience in the Schaumburg market.

The Hyatt Place Schaumburg has joined the more than 115 Hyatt Place Hotels that have already opened to rave reviews by guests.  Hyatt Place was inspired by the changing landscape of contemporary, multi-tasking business travelers, who have successfully adapted to today’s “24/7 lifestyle,” seamlessly merging personal and professional activities.  To help guests achieve this lifestyle, Hyatt Place offers an atmosphere of casual hospitality with a balanced mix of comfortable and functional amenities.  

Guestrooms: For work, guests can take advantage of the complimentary Wi-Fi, oversized desk and ergonomic chair in each room.  And when it’s time to relax, they can stretch out on the eight-foot Cozy Corner sectional sofa-sleeper and watch their favorite shows on the room’s 42-inch flat panel, high-definition television.  Each room’s innovative Hyatt Plug Panel™ also allows guests to connect their own entertainment media to the television, including laptops, MP3 players, DVD players or any other portable device.  At bedtime, the signature Hyatt Grand Bed™ ensures guests will enjoy a peaceful night’s sleep.
Gallery: An innovative welcoming arrival area where guests are greeted by a Gallery Host who assists guests with everything from check-in to preparing a freshly made snack, the Gallery offers two self-registration kiosks, an intimate coffee and wine café and bakery, free Wi-Fi, a TV den and an “e-room” with free access to public computers and a printer with secure print-ahead technology. 
Mealtime: Guests at Hyatt Place may purchase signature hot breakfast entrées along with Starbucks® specialty coffees or enjoy a free continental breakfast.  Hyatt Place also offers a variety of freshly prepared, café-quality items, including made-to-order entrées, sandwiches, soups, salads and pizza, which guests can order 24/7 via a touch screen menu in the Guest Kitchen or from a Gallery Host.
StayFit@Hyatt: To help guests stay physically and mentally productive, each Hyatt Place offers a StayFit@Hyatt gym featuring state-of-the-art Life Fitness® equipment.
Travelers are raving about Hyatt Place hotels already open in and around more than 115 locations nationwide, including Atlanta, Chicago, Cincinnati, Dallas, Washington, D.C., Houston and Tampa.  There will be 130 Hyatt Place hotels open by year-end 2008 in key business and leisure markets throughout the country.  

About Hyatt Place

Hyatt Place is a new kind of Hyatt for today’s relaxed lifestyle. Hyatt Place is ranked “Highest in Guest Satisfaction Among Mid-Scale Hotel Chains with Full Service” according to the J.D. Power and Associates 2008 North America Hotel Guest Satisfaction Index StudySM. Catering to today’s discerning travelers, Hyatt Place combines The Hyatt Touch® with stylish design, purposeful amenities and forward-thinking technology.  Hyatt Place is a brand of Global Hyatt Corporation that currently offers more than 115 locations nationwide and will offer 130 hotels by year-end 2008.  For Hyatt Place information or to make a reservation, call 1-888-HYATT-HP (888-492-8847) or visit www.HyattPlace.com. 

About Noble

Noble Investment Group sponsors a series of private equity real estate funds and is an integrated operating and development organization that specializes in making value-added investments in hotels and resorts throughout North America. An award winning operator of more than 8,000 hotel and resort guest rooms, convention and conference centers with approximately 1,000,000 sq. ft. of meeting space, as well as championship golf, day and resort spas, upscale restaurants, and branded retail coffee stores, Noble and its predecessors have realized superior risk-adjusted returns while acquiring and developing over $2 billion in lodging and hospitality assets. Noble’s current discretionary private equity fund represents $310 million of equity commitments, and allows the organization the ability to invest more than $1 billion in lodging-related assets. www.nobleinvestment.com

About Global Hyatt Corporation
Global Hyatt Corporation, headquartered in Chicago, is one of the world’s premier hotel companies. The hotels owned, operated, managed or franchised by its subsidiaries provide authentic hospitality to guests in 45 countries through a passionate commitment to personalized service, cultural relevance, and the environment. Global Hyatt subsidiaries own, operate, manage or franchise more than 365 hotels and resorts worldwide under the Hyatt®, Hyatt Regency®, Hyatt Resorts™, Grand Hyatt®, Park Hyatt®, Hyatt Place®, Hyatt Summerfield Suites® and Andaz™ brands with additional properties under development on five continents. Global Hyatt Corporation is also the owner of Hyatt Vacation Ownership, Inc., operator of Hyatt Vacation Club®. The success of Global Hyatt is driven by the commitment and energy of the approximately 90,000 men and women around the world who provide exceptional service to hotel guests. From the U.S. and Canada, reservations for any Hyatt hotel worldwide may be obtained by calling 1-800-233-1234 or visiting www.hyatt.com.

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Contact:

Bonnie Herring 
Noble Investment Group
404-262-9660
bonnie.herring@nobleinvestment.com 
 

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Also See: Noble Investment Group Acquires the AmeriSuites in Schaumburg, Illinois; Hotel Will Undergo a $5 million dollar Repositioning and Re-open as Hyatt Place Chicago/Schaumburg / April 2008
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