Noble Acquires Marriott Indianapolis
Noble Investment Group ("Noble") announced the acquisition of the Courtyard by Marriott Indianapolis | Fishers and the dual-brand Hyatt House & Hyatt Place Indianapolis | Fishers. The newly built hotels are located within the Fishers District, a 150-acre live, work, play, and stay development featuring vibrant dining, retail, and entertainment venues.
Hyatt Place & Hyatt House Indianapolis | Fishers
Fishers, Indiana, is a dynamic and rapidly expanding market proximate to Indianapolis. It is recognized for its strong economic growth and business-friendly environment. The area has recently experienced over $2.0 billion in new development, with meaningful additional investments being delivered over the coming years.
"Noble is excited to add these new, high-yielding hotels with in-place cash flows to our growing portfolio and capitalize on the region's continued economic expansion," said Ben Brunt, Noble's Managing Principal and Chief Investment Officer.
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 
