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Noble Investment Group Completes Renovation and Re-Branding to Open
the 176-room Courtyard by Marriott Charleston Historic District
in Charleston, South Carolina


ATLANTA, Ga.-March 8, 2011- Privately held Noble Investment Group (“Noble”), today announced the opening of the Courtyard by Marriott Charleston Historic District prominently located at the intersection of Calhoun and Meeting streets in Charleston, South Carolina.  Noble acquired the asset in July of 2010 and completed a comprehensive renovation and re-branding of the existing hotel.  Noble concurrently acquired adjacent land for which it obtained entitlements to develop an additional 50 new guest rooms and 2,500 square feet of meeting and event space. Upon completion of the addition in September of this year, the Courtyard by Marriott Charleston Historic District will boast 176 rooms and 7,000 square feet of meeting and event space.

“With southern charm and modern conveniences, the Courtyard by Marriott brings a new and dynamic hotel to Charleston’s Historic District, identifying with and embodying this community’s strong historic culture,” said Bob Morse, Noble’s managing principal and chief operating officer.

“Noble’s dedicated team of service-focused professional’s are committed to fulfilling our mission of being an intricate part of this vibrant Historic Charleston community,” said Bob Sullivan, principal and executive vice president of operations.  “Our location amongst first class dining, cultural, office, and retail is both convenient and desirable to all business, group and leisure travelers.”

One of-a-kind experiences await travelers at this award winning hotel, which was named “Best Hidden Gem” by Trip Advisor.  The Courtyard by Marriott Charleston Historic District embodies the 300-year old local traditions featuring; a beautifully landscaped courtyard and water fountain, southern style wraparound porches with wooden rocking chairs, year-round outdoor heated pool, state of the art fitness center and the Courtyard Bistro, serving breakfast and dinner daily.  The expansive guest rooms feature high tech amenities, contemporary furnishings as well as complimentary Wi-Fi and high speed internet.  The redesigned Courtyard by Marriott lobby experience offers engaging technology and inviting spaces to work, relax and recharge.  The hotel’s 7,000 square feet of meeting and event space provides the perfect location for corporate meetings, joyous celebrations and everything in between.

About Noble Investment Group
Founded in 1993, the Noble organization specializes in the lodging and hospitality real estate sector. Through its private equity real estate funds, Noble has invested more than $1.7 billion in hotels and resorts throughout the United States and the organization's current discretionary private equity fund represents $310 million of equity commitments. An award winning operator, Noble currently manages more than 10,000 hotel and resort guest rooms throughout the United States, most of which are affiliated with Marriott, Hyatt, Starwood, Hilton, and InterContinental Hotels Group. In addition, Noble operates convention and conference centers with more than one million square feet of meeting space, day and resort spas, upscale restaurants, and is a franchisee of Starbucks Coffee retail stores. For more information, please visit www.nobleinvestment.com
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Contact:
 

Noble Investment Group
Bonnie Herring
404-262-9660
bonnie.herring@nobleinvestment.com 
www.nobleinvestment.com
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Also See: Noble Investment Group Acquires the Holiday Inn Charleston Historic District and Plans to Convert Asset to a Courtyard by Marriott / July 2010

Noble Investment Group Acquires the Hyatt Valencia and Santa Clarita Conference Center in Los Angeles County; Acquisition Marks Noble’s Twelfth Value-Add Investment in Current Private Equity Fund / July 2008
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