Noble Investment Group Acquires 109-Key Residence Inn by Marriott Tampa Downtown

USA, Atlanta, Georgia. May 24, 2018

Noble Investment Group ("Noble") announced the acquisition of the Residence Inn by Marriott Tampa Downtown.
The newly renovated, all-suite hotel is prominently located in the
central business and financial district of the Tampa Bay area. 
Companies with a major presence in downtown Tampa include Bank of
America, BB&T, Marshall & Ilsley, PNC Financial Services,
SunTrust, Sykes Enterprises, TECO Energy, and Frontier Communications.
The hotel is also proximate to the University of Tampa, Straz Performing
Arts Center, Tampa Convention Center, and the Port of Tampa.

The Residence Inn by Marriott Tampa Downtown
features 109 studio, one and two-bedroom suites, each with
fully-equipped kitchens. The hotel offers a 24-hour business center and
fitness center, laundry facilities, grocery shopping service and
complimentary internet access throughout the hotel. Guests can enjoy a
complimentary hot breakfast, served daily in the Gatehouse, as well as
evening socials each Monday through Wednesday. Other amenities of the
pet-friendly hotel include an outdoor pool, whirlpool, BBQ & picnic
area and SportCourt. The hotel also offers nearly 1,000 square feet of
flexible meeting and board room space.

Less than a mile from the hotel, the Channel District is undergoing a
$3 billion redevelopment and the University of South Florida College of
Medicine is opening a new facility next year which will bring over
2,275 faculty, researchers, and students to the area.

“Downtown Tampa is in the midst of an urban renaissance with
expansive new residential and commercial development in the heart of a
city with deep demand generators already in place,” said Noble
principal, Ben Brunt.  “The Residence Inn by Marriott offers us the
ability to acquire the best in class extended-stay brand in this
exciting market while gaining operational efficiencies paired with
Noble's adjacent hotel, the Courtyard by Marriott Tampa Downtown.”

The Residence Inn Tampa Downtown is owned by Noble Investment Group and managed by McKibbon Hospitality, a leading hotel development and management group headquartered in Tampa's Avion Park.


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