Skip to content

Search

Latest Stories

Noble breaks ground on Tempo in Savannah, GA

This lifestyle hotel is slated to open in early 2025

Noble breaks ground on Tempo in Savannah, GA

NOBLE INVESTMENT GROUP has commenced construction on Tempo by Hilton in Savannah's Historic District, Georgia. This property, which is slated to open in early 2025, is located within walking distance of the Savannah River and the district's main attractions.

The LEED-certified project, a joint effort with the Savannah Historic District Board, will offer 153 guestrooms, suites, a café and rooftop bar with views of the Savannah River, Noble said in a statement.


"We're excited to unveil the Tempo by Hilton, making its vibrant debut in Savannah," said Dustin Fisher, senior vice president at Noble. "With its prime location in the historic district, the Tempo by Hilton brand seamlessly aligns with a market that has risen as a world-class leisure destination."

In July, Noble acquired 10 WoodSpring Suites hotels in the southeastern U.S., focusing on expanding into markets in Florida, Georgia, South Carolina, Tennessee and Kentucky. The company has invested $5 billion in communities over the past three decades, leading to the creation of thousands of jobs.

More for you

CoStar, Tourism Economics Cut 2025 US Hotel Growth Forecast

CoStar, TE trim 2025 hotel growth

Summary:

  • CoStar and TE downgraded the 2025 U.S. hotel forecast.
  • Occupancy fell 0.2 points to 62.3 percent.
  • RevPAR dropped 0.3 points to -0.4 percent.

COSTAR AND TOURISM Economics downgraded the 2025 U.S. hotel forecast, with occupancy falling 0.2 points to 62.3 percent and ADR holding at +0.8 percent. RevPAR was downgraded 0.3 percentage points to -0.4 percent.

The last full-year U.S. RevPAR declines were in 2020 and 2009, the research agencies said in a statement.

Keep ReadingShow less