MIAMI—Noble Investment Group announced the acquisition of the SpringHill Suites by Marriott Miami Airport South. The property, which recently completed a comprehensive renovation, will be the second Miami hotel in Noble’s portfolio.
“This acquisition expands Noble’s footprint in Miami’s Airport submarket, which continues to experience robust year-over-year demand growth. Our ability to establish operating synergies in the submarket will allow us to further drive RevPAR penetration at the hotel and yield on this investment,” said Noble principal, Ben Brunt.
The SpringHill Suites by Marriott Miami Airport South is located adjacent to the Miami International Airport and features 150 residentially-inspired suites, an outdoor pool, a fully-equipped business center, fitness center, complimentary high-speed wireless internet access, complimentary airport transportation, as well the free Suite Seasons Breakfast buffet. The property also features 480 square feet of meeting space for meetings up to 30 people.