Noble Investment Group acquires Ft. Lauderdale Renaissance

Noble Investment Group has acquired the Renaissance by Marriott Fort Lauderdale Cruise Port. The hotel is located close to the Las Olas/Downtown central business district, Fort Lauderdale International Airport, the Fort Lauderdale Cruise Port and the Broward County Convention Center. The property will undergo a number of enhancements throughout the hotel, the comapny said.

"The Fort Lauderdale market continues to experience robust economic growth which we believe the Renaissance Fort Lauderdale Cruise Port is uniquely situated to capitalize on," said Noble principal, Ben Brunt. "This investment is reflective of Noble's strategy to acquire transient-oriented, well-located assets, in high barrier to entry markets."

The Renaissance Fort Lauderdale Cruise Port hotel features 225 guestrooms and suites, an outdoor tropical pool and spa, a fully-equipped business center and fitness center, complimentary high-speed wireless internet access, as well as an on-site restaurant, Bistro 17, offering New American cuisine with a local flair. The Renaissance Fort Lauderdale Cruise Port hotel also offers more than 10,000 square feet of flexible meeting and board room space.

A purchase price was not disclosed.

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