Noble Investment Group Acquires the Hyatt Place Houston / Sugar Land in Texas
Houston, TX - August 8, 2014 - Noble Investment Group ("Noble") today announced the acquisition of Hyatt Place Houston | Sugar Land. The hotel, which opened in 2010, is located in the prominent Sugar Land area, which is southwest of downtown Houston.
"The Houston MSA continues to be a national leader in economic, employment, and population growth," said Rodney Williams, Noble's managing principal and chief investment officer. He further added, "Development in the Sugar Land submarket, unlike most of Houston, is tightly controlled through specific zoning and development requirements; therefore, Hyatt Place Houston | Sugar Land enjoys the premier select service location in a market with significant barriers to entry."
Hyatt Place Houston | Sugar Land features 214 spacious guestrooms, a fully-equipped business center, a 24-hr StayFit fitness center and outdoor pool, free high-speed wireless internet access, as well the free a.m. Kitchen Skillet™ for guests, the 24/7 Gallery Menu and the Coffee to Cocktails Bar. The hotel also offers more than 6,000 square feet of meeting and boardroom space.
Launched in 2006, the Hyatt Place brand brings to the upscale select service hotel category the authentic hospitality for which Hyatt is known. Inspired by multitasking travelers' 24/7 lifestyle, Hyatt Place hotels combine style with casual hospitality. For Hyatt Place information or to make a reservation, please visit www.HyattPlace.com or call 1-888-HYATT-HP (888-492-8847).
About Noble Investment Group
Founded in 1993, the Noble organization specializes in making value-added, opportunistic investments in the lodging and hospitality real estate sector. Through its private equity real estate funds, Noble has invested more than $2.5 billion throughout the United States in primarily select service and extended stay hotels which are affiliated with premium brands by Marriott, Hyatt, Hilton and Starwood. For additional information, please visit www.nobleinvestment.com.
Marriott International, Inc. (NASDAQ: MAR) is a global leading lodging company based in Bethesda,Maryland, USA, with more than 4,200 properties in 80 countries and territories. Marriott International reported revenues of nearly $14 billion in fiscal year 2014. The company operates and franchises hotels and licenses vacation ownership resorts under 19 brands, including: The Ritz-Carlton®, BVlgari®, EDITION®, JW Marriott®, Autograph Collection® Hotels, Renaissance® Hotels, Marriott Hotels®, Delta Hotels and Resorts®, Marriott Executive Apartments®, Marriott Vacation Club®, Gaylord Hotels®, AC Hotels by Marriott®, Courtyard®, Residence Inn®, SpringHill Suites®, Fairfield Inn & Suites®, TownePlace Suites®, Protea Hotels® and MoxyHotels®. Marriott has been consistently recognized as a top employer and for its superior business ethics. The company also manages the award-winning guest loyalty program, Marriott Rewards® and The Ritz-Carlton Rewards® program, which together surpass 50 million members. For more information or reservations, please visit our website at 
