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Global Hyatt Corporation Awards Noble Investment Group First-Ever Strategic Partner Award

Global Hyatt Corporation Awards Noble Investment Group First-Ever Strategic Partner Award

Category: Worldwide
This is a press release selected by our editorial committee and published online for free on 2008-07-31


Global Hyatt Corporation today announced that Noble Investment Group has been awarded its first-ever Strategic Partnership Award. This award was created to recognize companies whose culture, strong performance and operating philosophies have resulted in a long-term, multi-brand partnership with Hyatt.

The Strategic Partnership Award was presented to Mit Shah, senior managing principal and CEO of Noble Investment Group, by Global Hyatt Corporation's Chairman Thomas Pritzker and CEO Mark Hoplamazian.

Hyatt has worked to develop a valuable partnership with Noble, which currently owns and operates 11 hotels in the Hyatt brand portfolio - four Hyatt Regency Hotels and seven Hyatt Place hotels - with another three in various stages of development.

"A key aspect of hospitality is about creating a mutually beneficial relationship for everyone involved and the partnership Hyatt has had with Noble Investment Group is a perfect example of how two leading organizations can continually create opportunities for the other," said Jim Abrahamson, head of development for The Americas, Hyatt Corporation. "Hyatt is committed to being the most preferred brand for not only guests and employees, but for our partners as well. We recognize that we need to offer them something extraordinary and by ingraining that philosophy into our culture, we're confident that's an achievable goal."

"Our entire team at Noble is extremely proud to be the recipient of Hyatt's inaugural Strategic Partner Award. The leadership team at Hyatt is passionate about their approach to partnership both in proactively working with us to incubate investment opportunities and further in their collaboration with our operating team to drive RevPAR premiums and other important performance metrics," said Rodney Williams, Noble's managing principal and chief investment officer.



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