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Noble Investment Group Acquires the Embassy Suites Cleveland/Beachwood

ATLANTA—Noble Investment Group (“Noble”), a private lodging and hospitality organization, announced the acquisition of the Embassy Suites Cleveland/Beachwood. Noble will invest $8.6 million in property improvements that will significantly upgrade and enhance its amenity offerings and guest experiences. The 216-room ...

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Steigenberger Taking Over Conrad Hotel in Brussels

FRANKFURT, Germany—Frankfurt based hotel company Steigenberger Hotel Group is taking over the 269-room Conrad hotel in Brussels at the beginning of January, and will run it in the future as Steigenberger Grand Hotel Brussels. The hotel will continue to be ...

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Summit Hotel Properties to Acquire Ten Hotels

SIOUX FALLS, S.D.— Summit Hotel Properties, Inc. (the “Company”) announced that it has entered into a definitive agreement to acquire a portfolio of eight unencumbered hotels containing an aggregate of 1,043 guestrooms (the “Hyatt Portfolio”) from certain affiliates of Hyatt ...

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