Noble Acquires the 123-room Q Hotel in Kansas City, Missouri
To Undergo Renovation and Conversion
ATLANTA - December 13, 2013 - Noble Investment Group ("Noble") today announced the acquisition of the Q Hotel located in the Historic Westport District of Kansas City, Missouri. The 123-room hotel will undergo a comprehensive 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. The brand boasts a stylish, urban, cosmopolitan design while creating a tailor-made guest experience.
The renowned Historic Westport District of Kansas City is a thriving shopping and entertainment district which boasts a rich history as the regions oldest established community. Westport is also home to St. Luke's Hospital, The University of Missouri Kansas City, the Kansas City Reserve Bank, the Kansas City Board of Trade as well as the headquarters for Hallmark Cards and Bernstein-Rein.
"Marriott is a long-standing brand partner of Noble and we are excited to help launch the AC by Marriott brand in the United States," said Noble chief executive officer, Mit Shah.
The AC Hotel by Marriott Westport in Kansas City will feature contemporary, simple yet elegant, European-inspired design, local influenced museum-quality artifacts and technology enabled functional spaces to satisfy the needs of today's traveler while connecting them with urban vibe of the city.
"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.
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 invested more than $2.5 billion in upper upscale and upscale hotels located throughout the United States which are affiliated with premium brands by Marriott, Hyatt, Hilton and Starwood. For additional information, please visit www.nobleinvestment.com
Marriott International, Inc. (NASDAQ: MAR) is a global leading lodging company based in Bethesda,Maryland, USA, with more than 4,200 properties in 80 countries and territories. Marriott International reported revenues of nearly $14 billion in fiscal year 2014. The company operates and franchises hotels and licenses vacation ownership resorts under 19 brands, including: The Ritz-Carlton®, BVlgari®, EDITION®, JW Marriott®, Autograph Collection® Hotels, Renaissance® Hotels, Marriott Hotels®, Delta Hotels and Resorts®, Marriott Executive Apartments®, Marriott Vacation Club®, Gaylord Hotels®, AC Hotels by Marriott®, Courtyard®, Residence Inn®, SpringHill Suites®, Fairfield Inn & Suites®, TownePlace Suites®, Protea Hotels® and MoxyHotels®. Marriott has been consistently recognized as a top employer and for its superior business ethics. The company also manages the award-winning guest loyalty program, Marriott Rewards® and The Ritz-Carlton Rewards® program, which together surpass 50 million members. For more information or reservations, please visit our website at 
