Noble Investment Group to Debut Moxy Hotel in New Orleans, Louisiana

. May 12, 2016

NEW ORLEANS, LA. May 12, 2016 - Noble Investment Group (“Noble”) announces the debut of Moxy New Orleans, opening its doors tomorrow, shaking up the traditional hospitality experience for the city's millennial-minded traveler. A boutique-hotel concept for the fun-hunting traveler, Moxy features stylish design, but at a way more affordable price point. With thoughtful, tech-enabled, rooms, vibrant lobby spaces and approachable service, Moxy aims to surprise travelers with a modern, spirited and fun guest experience. Moxy New Orleans, located steps away from the French Quarter on O'Keefe Avenue, will offer the style and soul of a boutique hotel in a fresh and innovative way.

"We're excited to show New Orleans what the Moxy attitude and experience is all about,” says Moxy New Orleans Captain Kenny Jacques. “Moxy, just like the city of New Orleans, is fun, spirited and has its own bold approach to hospitality. We have had a blast adding cultural touches inspired by The Big Easy into our programming — music, art, cocktails and additional surprises. We couldn't have asked for a better city and a more vibrant culture for one of the first Moxy locations in the United States.”

From the communal NOW public space to smart, flexible bedrooms, Moxy New Orleans is a bold, surprising design for the socially extroverted, energetic consumer. The hotel's style features an industrial chic look and aesthetic of polished concrete floors, exposed concrete columns, and open ceilings.

Moxy New Orleans fully embraces fun-hunting travelers with 108 smart and stylish tech-enabled rooms featuring mobile check in and check out; keyless entry; motion sensor lighting; internet TV in-room featuring Netflix, YouTube, Hulu, Pandora and Crackle; abundant power and USB outlets; and furiously fast and free Wi-Fi for ultimate connectivity.

Today's next generation traveler spends more time in public spaces, to work and play. As such, Moxy New Orleans' living room is the center of activity, giving guests fun ways to work and play hard. Guests can hang at their own pace - on a couch with mobile device in hand or in a lively scene at the bar with beverage in hand. The communal areas feature ample plug-ins for personal devices, a library zone to enjoy a quiet read, and the Moxy Digital Guestbook for streaming videos and pictures via Instagram. The NOW public space at Moxy New Orleans is ignited with games - from table top to game tables to amp up the fun.

The Moxy 'B&F' (beverage & food) strategy was thoughtfully designed with the target audience in mind - seamless, smart and free-spirited. Moxy New Orleans' 24/7 self-service concept will give guests access to what they want, when they want it. Whether grabbing a quick to-go bite with Moxy's self-serve pick-ups 24/7, or a 4-pack of local craft beers to-go, guests will have all they need for a night on the town or a post-event night cap. The hotel will serve up the happiest of hours, whether it is a cool local DJ or a chill acupuncture happy hour.

Moxy Hotels, which first launched in Milan in September 2014, is entering the U.S. market in a bold way, several additional identified projects slated for major metropolitan locations in addition to New Orleans and Tempe, AZ, which opened April 2016, including New York City, San Francisco, Seattle, Chicago and Nashville. Upcoming international openings include Munich, Frankfurt, Berlin, Oslo, Aberdeen, and London. The brand intends to offer a portfolio of nearly 150 hotels around the world within the next ten years.

To learn more about Moxy New Orleans upcoming events and to book a stay, please visit www.MoxyHotels.com.

About Moxy Hotels

Moxy Hotels is Marriott International's new millennial-focused brand that debuted in September 2014 with the opening of the Moxy Milan. A boutique-hotel concept for the next-Gen traveler, Moxy is a fresh and innovative brand combining stylish design and approachable service at an affordable price point. With tech-enabled rooms, vibrant lobby spaces and warm, modern service, Moxy aims to surprise travelers with a thoughtful, spirited and fun guest experience. To learn more about Moxy Hotels, visit www.MoxyHotels.com.

About Noble Investment Group

Founded in 1993, the Noble organization specializes in making value-added, opportunistic investments in the lodging and hospitality real estate sector. Through its private equity real estate funds, Noble has made more than $3 billion of investments throughout the United States in primarily select service and extended stay hotels which are affiliated with premium brands by Marriott, Hyatt, Hilton, InterContinental Hotels Group and Starwood. For additional information, please visit www.nobleinvestment.com.

About Marriott International

Marriott International, Inc. (NASDAQ: MAR) is a global leading lodging company based in Bethesda, Maryland, USA, with nearly 4,500 properties in 87 countries and territories. Marriott International reported revenues of more than $14 billion in fiscal year 2015. The company operates and franchises hotels and licenses vacation ownership resorts under 19 brands. The company also manages the award-winning guest loyalty program, Marriott Rewards® and The Ritz-Carlton Rewards® program, which together comprise more than 56 million members. For more information or reservations, please visit our website at www.marriott.com, and for the latest company news, visit www.marriottnewscenter.com.

Contact:
Emily Reimsnyder and Hannah Topping
[email protected]/[email protected]
504-897-0462

Scarlett Ainsworth
[email protected]
404-682-1906

Victoria Martinez Hart
[email protected]

NOTE: The statements about the expected future growth of Moxy Hotels are “forward-looking statements" within the meaning of federal securities laws, not historical facts, and are subject to a number of risks and uncertainties, including supply and demand changes for hotel rooms; competitive conditions in the lodging industry; relationships with clients and property owners; the availability of capital to finance hotel growth; and other risk factors identified in Marriott International, Inc.'s most recent quarterly report on Form 10-Q; any of which could cause actual results to differ materially from those expressed in or implied by our statements. These statements are made as of the date of this press release, and we undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

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