Noble Investment Group has acquired the Renaissance by Marriott Fort Lauderdale Cruise Port. No financial terms were disclosed. The Renaissance Fort Lauderdale Cruise Port hotel includes 225 guestrooms and suites, an outdoor pool and spa and business center.
ATLANTA, April 29, 2015 /PRNewswire/ — Noble Investment Group (“Noble”) today announced the acquisition of the Renaissance by Marriott Fort Lauderdale Cruise Port. Located proximate to the Las Olas/Downtown central business district, Fort Lauderdale International Airport, the Fort Lauderdale Cruise Port and the Broward County Convention Center, the property will undergo a number of enhancements throughout the hotel.
“The Fort Lauderdale market continues to experience robust economic growth which we believe the Renaissance Fort Lauderdale Cruise Port is uniquely situated to capitalize on,” said Noble principal, Ben Brunt. “This investment is reflective of Noble’s strategy to acquire transient-oriented, well-located assets, in high barrier to entry markets.”
The Renaissance Fort Lauderdale Cruise Port hotel features 225 guestrooms and suites, an outdoor tropical pool and spa, a fully-equipped business center and fitness center, complimentary high-speed wireless internet access, as well as an on-site restaurant, Bistro 17, offering New American cuisine with a local flair. The Renaissance Fort Lauderdale Cruise Port hotel also offers more than 10,000 square feet of flexible meeting and board room space.
For more information or to make reservations, please visit www.marriott.com/renaissance-fort-lauderdale-cruise-port-hotel or call the hotel directly at 954.626.1700.
About Noble Investment Group
Founded in 1993, the Noble organization specializes in making value-added, opportunistic investments in the lodging and hospitality real estate sector. Through its private equity real estate funds, Noble has made more than $3 billion of investments throughout the United States in primarily select service and extended stay hotels which are affiliated with premium brands by Marriott, Hyatt, Hilton, Intercontinental and Starwood. For additional information, please visit www.nobleinvestment.com.