Noble Acquires the Q Hotel in Historic Westport Kansas City
Thursday December 12th, 2013 - 9:36AM EB
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KANSAS CITY, MO—Noble Investment Group acquired the Q Hotel located in the Historic Westport District situated here for an undisclosed amount. The 123-room hotel will undergo a renovation and conversion to become one of the first AC Hotels by Marriott properties located in the United States.
AC Hotels by Marriott is a highly acclaimed urban lifestyle hotel brand that currently has 79 properties in Spain, Italy, Portugal and France and will soon be unveiled in the United States.
"Noble's acquisition and subsequent ability to reposition this asset to Marriott's AC Hotels by Marriott, their latest offering in the lifestyle brand category, will enable us deliver a product that is designed and caters to the next generation traveler already prevalent and supportive of the existing retail, restaurant and nightlife businesses in Westport. Our ability to deliver a product targeted to Westport and its surrounding businesses will allow us to maximize operating performance and add substantial value to this investment," said Noble principal, Ben Brunt.
Tags: Noble Investment Group • Hospitality • Brands • Acquisitions •
When you hear all the lodging industry projections for the months and years to come, much of the robust growth is forecast to be the result of the expected influx of travelers from China. In what could only be seen as good news for the industry, that expectation moved a little closer to reality when President Obama signed a visa waiver extension for Chinese travelers earlier this month.