Noble Acquires Hyatt Place Houston Sugar Land

HOUSTON—Noble Investment Group today announced the acquisition of Hyatt Place Houston Sugar Land. The hotel, which opened in 2010, is located in the prominent 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.”

The hotel features 214 guestrooms, a fully-equipped business center, a 24-hour fitness center and outdoor pool, free high-speed wireless Internet access, as well free breakfast for guests, a 24/7 freshly prepared foods menu, and a coffee to cocktails bar. The hotel also offers more than 6,000 square feet of meeting and boardroom space.

Previous articleIHG to Sell InterContinental Paris – Le Grand for $442M
Next articleAshford Completes Acquisition of Fremont Marriott Silicon Valley