Noble Investment Group Acquires 149 Hotels in 18 Months, Focusing on Upscale Extended-Stay and Select-Service Properties
📈 Noble Investment Group acquired nearly 150 hotels over 18 months, including 124 in 2025 and 25 in 2026. Focused on branded long-term accommodations, value-add upscale select-service, and upscale extended-stay hotels, CEO Mit Shah sees potential in reaching a 10x unlevered yield, allowing properties to pay back the purchase price in 10 years. The firm capitalizes on assets from REITs to individual owners to drive growth and new development.
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