Expansions & Renovations

Noble Investment Group Completes Comprehensive Renovation of Courtyard by Marriott Chapel Hill, North Carolina

ATLANTA, GA. April 19, 2017 – Noble Investment Group ("Noble") today announced the Courtyard by Marriott Chapel Hill has completed a comprehensive enhancement of the entire hotel. Located immediately adjacent to the University of North Carolina at Chapel Hill and UNC Health Care, the hotel substantially upgraded its product amenities and technology in all guest rooms, public areas and meeting spaces which will provide a significantly enhanced experience for its guests.

“We are thrilled to unveil the substantial upgrades to our award-winning hotel which will greatly enrich the overall experience for our guests visiting Chapel Hill,” said Lisa Ganzzermiller, General Manager of the Courtyard by Marriott Chapel Hill.

The Courtyard by Marriott Chapel Hill features:

•169 guestrooms and suites featuring modernized and stylish décor, natural light and large, expansive workspaces
•More than 1,800 square feet of flexible meeting and board room space
•Complimentary high-speed wireless internet access
•A fully-equipped business center and fitness center with on-site jogging trail
•An outdoor patio & firepit area and an indoor pool & whirlpool
•New weekday local business shuttle service
•A Bistro café offering both breakfast & dinner options and an evening bar, as well as a 24/7 grab & go market
•Brand new lobby features media pods with cable television, a Boarding Pass Station, and an interactive GO Board for all news, sports, and local information

For more information or to make reservations, please visit marriott.com/courtyard or call the hotel directly at 919.883.0700.

About Noble Investment Group

Since 1993, Noble has specialized in making value-added, opportunistic and income investments in upscale select service and extended-stay hotels affiliated with Marriott, Hyatt, Hilton and Intercontinental. Through its private equity real estate funds, Noble has invested more than $3 billion in communities throughout the United States, creating thousands of jobs. As a fiduciary to state pensions, university endowments and foundations, Noble’s endeavors help to preserve and grow our limited partners’ capital which provides retirement benefits for millions of our country’s teachers, policemen and firefighters as well as financial resources for students to attend college. For more information, please visit nobleinvestment.com.

About Courtyard by Marriott

Courtyard by Marriott offers a refreshing environment that helps guests stay connected, productive and balanced. Intuitive services and design accommodate guests’ needs for choice and control. With over 1,000 locations in over 40 destinations, Courtyard hotels participate in the award-winning Marriott Rewards® frequent travel program that allows members to earn hotel points or airline miles for every dollar spent during each stay. For more information or reservations, call the Courtyard toll-free number at 800-321-2211, visit courtyard.marriott.com, or engage with us on Facebook.com/Courtyard, Twitter.com/CourtyardHotels or Instagram.com/CourtyardHotels.

Contact:
Scarlett Reveron
scarlett.reveron@nobleinvestment.com
404.682.1906

Coming Up In The September Online Hotel Business Review




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Feature Focus
Hotel Group Meetings: Blue Skies Ahead
After a decade of sacrifice and struggle, it seems that hotels and meeting planners have every reason to be optimistic about the group meeting business going forward. By every industry benchmark and measure, 2017 is shaping up to be a record year, which means more meetings in more locations for more attendees. And though no one in the industry is complaining about this rosy outlook, the strong demand is increasing competition among meeting planners across the board – for the most desirable locations, for the best hotels, for the most creative experiences, for the most talented chefs, and for the best technology available. Because of this robust demand, hotels are in the driver’s seat and they are flexing their collective muscles. Even though over 100,000 new rooms were added last year, hotel rates are expected to rise by a minimum of 4.0%, and they are also charging fees on amenities that were often gratis in the past. In addition, hotels are offering shorter lead times on booking commitments, forcing planners to sign contracts earlier than in past years. Planners are having to work more quickly and to commit farther in advance to secure key properties. Planners are also having to meet increased attendee expectations. They no longer are content with a trade show and a few dinners; they want an experience. Planners need to find ways to create a meaningful experience to ensure that attendees walk away with an impactful memory. This kind of experiential learning can generate a deeper emotional connection, which can ultimately result in increased brand recognition, client retention, and incremental sales. The September Hotel Business Review will examine issues relevant to group business and will report on what some hotels are doing to promote this sector of their operations.