Noble Investment Group Acquires the 169-key Courtyard by Marriott Chapel Hill in North Carolina
Atlanta, GA - February 25, 2015 - Noble Investment Group ("Noble") today announced the acquisition of the Courtyard by Marriott Chapel Hill. Located in the heart of the renowned triangle area and immediately adjacent to the University of North Carolina at Chapel Hill and UNC Health Care, the property will undergo a number of enhancements throughout the hotel.
"We are pleased to acquire this first class hotel which is prominently located in the midst of significant educational and medical demand generators," said Noble principal, Ben Brunt. "In addition to the University of North Carolina at Chapel Hill, UNC Health Care, and Blue Cross Blue Shield of North Carolina, the city of Chapel Hill and the triangle-area are experiencing robust success as a live, work and play community."
The Courtyard by Marriott Chapel Hill features 169 guestrooms and suites, an indoor pool and spa, a fully-equipped business center and fitness center, complimentary high-speed wireless internet access, free self-parking, an outdoor fire pit within its food and beverage offerings for its guests. Serving Starbucks® coffees and teas, the hotel features media pods with cable television, a Boarding Pass Station, and an interactive GO Board for all news, sports, and local information. The Courtyard by Marriott Chapel Hill also offers more than 1,800 square feet of flexible meeting and board room space.
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 made more than $3 billion of investments throughout the United States in primarily select service and extended stay hotels which are affiliated with premium brands by Marriott, Hyatt, Hilton, Intercontinental 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 
