Industry Update
Press Release26 July 2021

Noble Acquires The Hampton Inn And Home2Suites By Hilton Tampa Downtown | Channel District

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Noble Investment Group

Noble Investment Group today announced the acquisition of Hampton Inn and Home2Suites by Hilton Tampa Downtown | Channel District and Starbucks Coffee Channel District. Opened in July 2019, these newly built dual-brand hotels and retail Starbucks Coffee store are located in Tampa, Florida’s rapidly growing Downtown Channel District.

Tampa is a vibrant metropolitan city that enjoys a depth and breadth of leisure, corporate, healthcare, and government demand. The market is anchored by 6.5 million square feet of office space, the 1,000-bed Tampa General Hospital, and the 600,000 square foot Tampa Convention Center. Tampa’s Channel District is connected to Water Street, a $3 billion, 9 million square foot development that has delivered a 350,000 square foot campus for the University of South Florida School of Medicine and will ultimately deliver more than 2.3 million square feet of new office space and 3,500 residential units. The hotels are central to the Tampa Cruise Port, Sparkman Wharf, Florida Aquarium, and Amalie Arena.

“Tampa’s diversified demand and pro-business climate have made the city one of the top-performing lodging markets in the U.S. during the Post-COVID Recovery and the #3 U.S. City for Net Migration in 2020,” said Ben Brunt, Noble’s chief investment officer. “The Hampton Inn and Home2 Suites Downtown are high-quality assets that are positioned at the epicenter of Downtown Tampa’s exciting growth.”

Related Brands

Hampton by Hilton

As the number one ranked lodging franchise for the past 10 years, according to Entrepreneur®, Hampton by Hilton, including Hampton Inn by Hilton and Hampton Inn & Suites by Hilton, serves value-conscious and quality-driven travelers at more than 2,450 properties with more than 254,000 rooms in 27 countries and territories.
brand information

Home2 Suites

Home2 Suites by Hilton, one of the fastest-growing brands in Hilton’s history, is a mid-tier, all-suite, award-winning extended-stay hotel concept designed to offer stylish accommodations with flexible guest room configurations and inspired amenities for the cost-conscious guest.
brand information
Other Brands operated by Noble Investment Group
Element® By Westin
Hampton by Hilton
Home2 Suites

About Noble Investment Group

Founded in 1993, Noble is a minority-owned, industry-leading real estate investment manager specializing in making income and value-add investments in upscale hotels throughout the United States. Through its private real estate funds, Noble has invested $4 billion in communities throughout the country, creating thousands of jobs. As an institutional fiduciary to foremost pensions plans, university endowments, and foundations, Noble's endeavors help to preserve and grow our limited partners' capital, which assists in providing retirement benefits for our country's teachers, law enforcement, firefighters, other pensioners, and financial resources for students to attend college.

For more information, please visit www.nobleinvestment.com.
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Scarlett Reverson
Phone: 404.682.1906
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