Noble Investment Group Acquires Hyatt Place Houston | Sugar Land
Thursday August 7th, 2014 - 9:26AM EB
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HOUSTON—Noble Investment Group has acquired Hyatt Place Houston | Sugar Land. The hotel, which opened in 2010, is located in the Sugar Land area, which is southwest of downtown Houston.
“The Houston MSA continues to be a national leader in economic, employment, and population growth,” said Rodney Williams, Noble's managing principal and chief investment officer. “Development in the Sugar Land submarket, unlike most of Houston, is tightly controlled through specific zoning and development requirements; therefore, Hyatt Place Houston | Sugar Land enjoys the premier select service location in a market with significant barriers to entry."
Hyatt Place Houston | Sugar Land features 214 guestrooms, a business center, a 24-hour StayFit fitness center and outdoor pool, free high-speed wireless Internet access, as well the free a.m. Kitchen Skillet for guests, the 24/7 Gallery Menu and the Coffee to Cocktails Bar. The hotel also offers more than 6,000 sq. ft. of meeting and boardroom space.
Tags: Noble Investment Group • Hyatt Place Houston | Sugar Land • Hospitality • Brands • Acquisitions •
The theme of this year’s ALIS conference was “Don’t Worry, Be Happy.” But, lets face it, there are always going to be some people who aren’t happy unless they are worried about something—whether it’s the Fed potentially raising interest rates or that the price of oil is now too low, threatening to cripple the economies of some foreign nations.