The beachfront property is the seventh asset Noble has added to its portfolio in the past 18 months.
The total number of accommodated bed nights increased by 2 percent in 2016, primarily driven by the international market.
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The property, which features 105 rooms and villas, a Playboy Club NYC and two restaurants, was developed in partnership with Merchants Hospitality Group.
Jumeirah Group ventures into Makkah to accommodate rising traveler numbers.
While Europe will see rising hotel prices, they are poised to fall in Latin America and the Caribbean.
With a Senate committee giving the go-ahead, two business-minded conservatives are poised to join the NLRB, pending a full vote.
Century City International is in talks for a mixed-use project in New York.
LWHA will serve as asset manager, while Meyer Jabara Hotels will oversee day-to-day operations of the portfolio, which is located in North and South Carolina.
The portfolio comprises 323 rooms, and the hotels are located in Idaho and Utah.
Washko has held roles in sales, marketing, group sales and hospitality in his more than 20-year career in the resort industry.