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Issue Date: 11/1/2003, Posted On: 11/1/2003


Noble buys Residence Inn, strengthens ties with school

IndUS News Wire
ATLANTA - Noble Investment Group has acquired the Residence Inn by Marriott Winston-Salem in North Carolina, near the campus of Wake Forest University. According to the company, it will begin a $3 million renovation to bring the property to "like-new" status. Upgrades will include new furniture, new kitchens and appliances and new room amenities. The hotel's signature Gatehouse lobby area will be totally upgraded with new exterior and interior finishes, an improved dining and seating area and a newly built board room, as well as a new fitness room. The renovation will be completed in phases over the next five months so as not to disrupt guests, Noble said. "As an active alumnus of Wake Forest University and having grown up in Winston-Salem, our company's presence here is particularly special to me," said Mitesh Shah, Noble Investment president and chief operating officer. "This is our second Marriott hotel in Winston-Salem along with the Courtyard by Marriott at Hanes Mall, and we will continue to work closely with the community to provide great experiences to guests visiting our area" "The Residence Inn by Marriott's suite design will appeal to families coming to the school, as well as visiting scholars who will be at the campus for extended periods of time," he added. "We already enjoy a close relationship with the university and its athletic programs, and we look forward to expanding it." "Mitesh Shah and the team at Noble are great friends and very strong supporters of Wake Forest University," said Ron Wellman, Wake Forest University director of athletics. "The university and athletic department staff, as well as our athletic teams stay at Noble hotels throughout the country when we travel, and they are leaders at delivering preeminent service and accommodations." "We are very excited about their growing presence here in Winston-Salem and the opportunity to build upon our relationship with them," he added. "Their other hotels, the Residence Inn by Marriott by campus, as well as the Courtyard by Marriott at Hanes Mall, both have been classified as 'official hotels' of the Wake Forest/ISP Sports Network." The Residence Inn by Marriott Winston-Salem has an outdoor swimming pool, whirlpool, sport's court and business center. Guest suites are equipped with work desks, speaker phones with voice mail and data ports, high speed wireless internet, iron and ironing board. Each suite offers separate living and sleeping areas, as well as space for relaxing, and a fully equipped kitchen. Additionally, all suites have natural, wood-burning fireplaces. All guests have complimentary use of the local Gold's Gym and receive a complimentary breakfast each morning in the Gatehouse public area. The Atlanta-based Noble, along with its subsidiaries, operates 60 hotels with more than 8,300 rooms in 18 states. Noble was founded in 1979 by Bharat Shah, who serves as its chairman and CEO. Hotel brands include Marriott, Hilton, Starwood and InterContinental.
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