ARC Hospitality to buy 13 hotels for $300M

• The Noble Portfolio consists of 12 premium-branded select-service and extended-stay hotels and one full-service hotel totaling 1,913 rooms.
• The hotels are located in nine states, with markets including Boston; Atlanta; Monterey, California; Columbus, Ohio; Fort Worth, Texas; Chicago; Minneapolis; Birmingham, Alabama; and Northern and Central New Jersey.
• The hotels are franchised by major global brands including Hyatt Hotels, Hilton Hotels & Resorts and Marriott International. Hotel flags include Hyatt Place, Hilton Garden Inn, Hyatt House, Courtyard by Marriott and Hilton.
• Source: Press Release