noble investment group
Penn State Hospitality Event to Honor Noble Investment Group Founder and CEO
The Penn State Hotel & Restaurant Society | March 17, 2023
Event sponsors announced, registration open for Penn State Hotel and Restaurant Society gala UNIVERSITY PARK, Pa. — The Penn State Hotel & Restaurant Society Hospitality Executive of the Year event will be held on Tuesday, April 4th at the School of Hospitality Management on the University Park campus. The event, a tradition of the society’s and the school’s since 1960, will include the presentation of the Hospitality Executive of the Year Award to Mit Shah, founder and CEO of Noble Investment Group. Founded in 1993, Noble is an industry-leading real estate investment group specializing in the travel and hospitality sector. T...
Choice Partners With Noble Investment Group to Develop Nine WoodSpring Suites
WoodSpring Suites | November 10, 2022
ROCKVILLE, Md. (November 10, 2022) – Choice Hotels International, Inc. (NYSE: CHH) recently signed an agreement with Noble Investment Group (Noble) to develop nine WoodSpring Suites hotels in Georgia and South Carolina over the next two years, signaling increased institutional interest in the largest economy extended-stay brand in the market. "When we acquired WoodSpring Suites four years ago, few other hotel brands were competing in the extended stay segment in a meaningful way. Choice Hotels not only breathed new life into this category--innovating new ways to deliver exceptional value to extended stay developers and longer-term guests...
Penn State School of Hospitality Management and PSHRS to Honor Mit Shah, Founder and CEO of Noble
Penn State Hotel and Restaurant Society (PSHRS) | September 8, 2022
Mit Shah, founder and chief executive officer of Noble Investment Group (Noble), will be recognized as the 2023 Hospitality Executive of the Year on April 4, 2023. Credit: Kat Goduco. All Rights Reserved. UNIVERSITY PARK, Pa. — The Penn State School of Hospitality Management in the College of Health and Human Development and the Penn State Hotel & Restaurant Society (PSHRS) have named Mit Shah, founder and chief executive officer of Noble Investment Group (Noble), as the 2023 Hospitality Executive of the Year. Founded in 1993, Noble is an industry-leading real estate investment group specializing in the travel and hospitality sec...
Noble Acquires Fourteen-Asset Marriott, Hilton, and Hyatt Hotel Portfolio
Noble Investment Group | August 16, 2022
ATLANTA, GA (August 16, 2022) – Noble Investment Group (“Noble”) today announced the acquisition of 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. “Since the second quarter of last year, Noble has invested more than $1.5 billion across the United States in 40 hotels with approximately 6,000 rooms as we continue to capitalize on the thematic opportunity in travel and hospitality,” said Noble’s CEO, Mit Shah. “The acquisition of these premium branded hotels is consistent...
Noble Acquires the Hilton Garden Inn Boise | Downtown
Noble Investment Group | June 22, 2022
Atlanta, Georgia (Wednesday June 22, 2022) – Noble Investment Group ("Noble") today announced the acquisition of the Hilton Garden Inn Boise | Downtown, capping more than $1.0 billion of investment activity over the past year. Boise is the Pacific Northwest’s third most populous region behind Seattle and Portland, known for its combination of urban lifestyle and outdoor adventure. The city is rapidly growing due to its affordability and quality of life, ranking No. 1 on Indeed’s list of cities with the fastest job growth and among Forbes list of Fastest-Growing City in America. The city is home to three Fortune 500 companies, Alberts...
Noble Acquires the Hampton Inn & Suites and Hilton Garden Inn National Landing
Noble Investment Group | January 18, 2022
Atlanta, GA – January 18, 2022 – Noble Investment Group (“Noble”) today announced the acquisition of the 162-room Hampton Inn & Suites National Landing and the 248-room Hilton Garden Inn National Landing. National Landing is Washington D.C.’s premier mixed-use urban community comprised of three thriving neighborhoods of Crystal City, Pentagon City, and Potomac Yard in Arlington, Virginia. Built to blend the best of city living and the urban outdoors, the area contains a dynamic mix of offices, residential, dining, retail, parks, bike paths, and walking trails. National Landing is home to more than seventeen millio...
Noble Acquires the Hampton Inn and Holiday Inn Express Savannah Historic District
Noble Investment Group | January 6, 2022
Atlanta, GA – January 6, 2022 – Noble Investment Group ("Noble") today announced the acquisition of the Hampton Inn Savannah Historic District and Holiday Inn Express Savannah Historic District. The hotels are prominently located on East Bay Street, across from the Savannah River and River Street, and within walking distance to the Historic District's top attractions. Savannah is recognized as one of the top visitor destinations in the world. In 2021, Savannah was named the No. 3 Top City in the United States by Travel + Leisure in the annual reader's World's Best Awards and ranked on TIME's list of The World's Greatest Places of 20...
Noble Acquires Portfolio of Marriott, Hilton, and Hyatt Branded Hotels
Noble Investment Group | December 14, 2021
Atlanta, GA – December 14, 2021 – Noble Investment Group (“Noble”) today announced the acquisition of the Residence Inn by Marriott Charlottesville Downtown, Hyatt House Tallahassee Capitol | University, and the Hampton Inn & Suites Tallahassee Capitol | University. These newly built hotels are in strong growth markets, which provide a highly resilient and diverse mix of business and leisure demand generators. The Residence Inn by Marriott Charlottesville Downtown is centrally located along Main Street in Charlottesville, Virginia. The city is home to the 27,000-student University of Virginia (“UVA”), the 631-bed UVA Med...
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