Noble Investment Group Acquires 1,396-Room Marriott Hotel Portfolio from Ashford Hospitality Trust

Fairfield Inn & Suites by Marriott | June 2, 2016

ATLANTA (June 2, 2016) – Noble Investment Group ("Noble") today announced that it has closed on the acquisition of a 1,396-room portfolio of Marriott branded select-service and extended stay hotels from Ashford Hospitality Trust (NYSE:AHT). Noble intends to make experience enhancing product investments throughout the portfolio to further augment revenue and market position. The hotel portfolio includes the 150-room Residence Inn Atlanta Buckhead/Lenox Park; the 146-room Courtyard Edison Woodbridge; the 312-room Courtyard Orlando Lake Buena Vista; the 388-room Fairfield Inn and Suites Orlando Lake Buena Vista; and, the 40...