Noble Investment Group Completes Acquisition of the Homewood Suites by Hilton Atlanta-Alpharetta
07 Settembre 2006 - 3:56PM
PR Newswire (US)
ATLANTA and ALPHARETTA, Ga., Sept. 7 /PRNewswire/ -- Noble
Investment Group, one of the industry's leading owner/operators of
luxury and upscale hotels and resorts, today announced the
completed acquisition of the 112-suite Homewood Suites by Hilton
Atlanta-Alpharetta in Georgia from Winston Hotels Inc. (NYSE:WXH).
The property was acquired in a joint venture between Noble and
Walton Street Capital. "This marks our 5th acquisition so far this
year," said Mit Shah, Noble president and chief executive officer.
"After a comprehensive physical property improvement plan, we
believe the implementation of our proprietary management and
marketing systems will position this asset as a market leader."
Located just off the Georgia 400 at Exit 8 and Mansell Road at
10775 Davis Drive, the hotel is within walking distance of many
restaurants, the 100-store upscale North Point Mall and the Cooler,
a state-of-the-art ice skating facility. Additionally, the property
is surrounded by numerous business offices and corporate
headquarters, including ACE USA, Ahlstrom, Alltel, Boral Bricks,
Ciena, EDS, Imerys, Ingenico, Kimberly-Clark, Lease Plan, Merck
& Co., Lucent, McKesson HBOC, MCI, UPS, US Postal Service
Retail Operations, Witness Systems and Charter Behavioral. Hotel
amenities include an outdoor swimming pool; complimentary, daily
breakfast; meeting facilities that accommodate up to 60 people;
guest laundry facilities; on-site cardio exercise room;
complimentary use of nearby Gold's Gym; business center and
wireless High-Speed Internet access. Each suite has a fully
equipped kitchen, separate living and sleeping quarters and two
televisions. Noble Investment Group, a leading national hospitality
organization that invests in luxury and upscale hotels, resorts and
convention/conference centers, is a pre-eminent developer of first
class hospitality and mixed-use developments as well as an
award-winning operator of independent destination resorts and
upscale hotels affiliated with Marriott, Starwood, Hilton, and
InterContinental Hotels Group. Currently, Noble operates more than
7,000 hotel and resort guest rooms including over 800,000 sq. ft.
of meeting space, convention and conference centers, championship
golf courses, spas, and fine dining operations. Since 1979, Noble
and its predecessors have developed and acquired over $1.4 billion
in hospitality assets. In the past year, the company began
development on and acquired an aggregate of $500 million in
hospitality investments. CONTACT: Jerry Daly or Chris Daly of Daly
Gray Public Relations, +1-703-435-6293, for Noble Investment Group.
DATASOURCE: Noble Investment Group CONTACT: Jerry Daly or Chris
Daly of Daly Gray Public Relations, +1-703-435-6293, for Noble
Investment Group
Copyright
Grafico Azioni Winston (NYSE:WXH)
Storico
Da Giu 2024 a Lug 2024
Grafico Azioni Winston (NYSE:WXH)
Storico
Da Lug 2023 a Lug 2024