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Article: Noble Investment Group Acquires Stormont Hospitality Group; Combination Creates Major National Owner/Management/Development Company.
- Article from:
- Business Wire
- Article date:
- September 2, 2003
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Business Editors
ATLANTA--(BUSINESS WIRE)--Sept. 2, 2003
Noble Investment Group, one of the hospitality industry's leading owner/operators of upscale and premium branded hotels, today announced that it has acquired Atlanta-based Stormont Hospitality Group, one of the industry's foremost developers of luxury and first-class hotels, convention centers and resorts, specializing in complex public and public/private projects.
The combination creates a company with an owned portfolio of more than $240 million in premium hotel assets. The company, along with its subsidiaries, also operates 60 hotels with more than 8,300 rooms in 18 states. With the ...