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Noble acquires Holiday Inn Express in Nashville, TN

The company has invested nearly $6 billion in communities nationwide

Noble acquires Holiday Inn Express in Nashville, TN

MIT SHAH-LED Noble Investment Group has acquired Holiday Inn Express Nashville Downtown in Nashville, Tennessee. The hotel is located in the city's entertainment district and is close to more than 100 live music venues, the Music City Center, Bridgestone Arena, more than 500 bars and restaurants, and more than 100 shops, Noble said in a statement.

"The Nashville market remains among the most dynamic growth markets in the country, with a highly diversified demand base across multiple segments," said Dustin Fisher, Noble senior vice president.


Noble has invested almost $6 billion in communities across the country, the statement added. Downtown Nashville has eight million square feet of Class A office space, accommodating over 80,000 daily employees. The area draws in more than 15 million visitors annually and is home to notable venues like the Ryman Auditorium and the Country Music Hall of Fame.

Noble Investment Group recently concluded Noble Hospitality Fund V at $1 billion, securing a 90 percent recommitment from current limited partners and additional backing from new institutional investors. Noble reports a sustained 15 percent net IRR on $3 billion of realized capital over 30 years, navigating diverse market cycles.

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U.S. Delegation Heads to New Delhi as Trade Tensions Rise
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U.S. delegations go to New Delhi amid trade uncertainty

Summary:

  • Two U.S. delegations are in New Delhi this week as a trade deal remains unresolved.
  • The meetings show both sides are maintaining communication.
  • The visits follow Russian President Vladimir Putin’s trip to India to boost economic ties.

TWO SEPARATE U.S. delegations are in New Delhi this week to meet Indian counterparts and address bilateral ties as a trade deal remains unresolved. At the same time, New Delhi is exploring trade options with other countries, including Russia.

Allison Hooker, Under Secretary of State for Political Affairs, will meet senior Indian officials from Dec. 7 to 11. A team led by Deputy U.S. Trade Rep. Rick Switzer arrives Tuesday.

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