Noble Investment Group Acquires Courtyard by Marriott New Haven at Yale University
Atlanta, GA - April 1, 2015 - Noble Investment Group ("Noble") today announced the acquisition of the Courtyard by Marriott New Haven at Yale University.
The hotel is located in downtown New Haven, Connecticut adjacent to the Yale University campus, New Haven's vibrant commercial district, and the 1,541 bed Yale-New Haven Hospital, one of the largest hospitals in the world and the primary teaching hospital for Yale School of Medicine and Yale School of Nursing.
"Noble will invest in physical improvements designed to enhance the guest experience at every level," said Noble principal, Ben Brunt. "Over more than 20 years, we have had great success in adding value to upscale, transient oriented hotels in dynamic markets which include world class learning institutions and major medical centers. We continue to investigate additional opportunities in this market."
The Courtyard by Marriott New Haven at Yale University features 207 guestrooms and suites, a fully-equipped business center and fitness center, complimentary high-speed wireless internet access, as well as a Bistro cafe and a 24/7 grab and go market. The lobby 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 New Haven at Yale University also offers more than 1,600 square feet of flexible meeting and board room space.
For more information or to make reservations, please visit www.courtyardmarriottyale.com or call the hotel directly at 203.777.6221
JLL Hotels and Hospitality Group represented the seller, 30 Whalley Avenue Associates, in the transaction.
About Noble Investment Group
Noble Investment Group was founded in 1993, and 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 and Intercontinental. 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 
