Noble Investment Group Completes Comprehensive Renovation of the Kansas City Marriott Country Club Plaza

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New Marriott International (M.I.) Greatroom Debuts

ATLANTA, Ga. -- August 19, 2009 -- Privately held Noble Investment Group ("Noble"), a leading sponsor of private equity real estate funds and an integrated lodging and hospitality operating and development organization, today announced the completion of a comprehensive $9 million renovation to the Kansas City Marriott Country Club Plaza Hotel. The enhancements include an overarching renewal of all guestrooms, meeting and event space, food and beverage outlets, as well as all public areas.

The $9 million renovation incorporated the début of the new M.I. Greatroom, a.k.a., The Lobby {Reinvented}, a place where business and leisure intersect in a stunningly stylish, energetic and multidimensional setting that inspires guests to engage, relax, work and play. The M.I. Greatroom is an ideal spot for guests to engage in small work groups, gather in a casual dining experience or socialize and unwind in an inviting, comfortable, living-room atmosphere with intimate social zones, enabling guests to tailor the use of the space to suit their own needs, much as they would do in their own homes.

• The welcome zone has been transformed into more than just a place to check-in at the front desk or kiosk, featuring a new approach to local information, personalized concierge services and retail offerings.
• The individual zone is a quiet place to unwind with small, comfortable spaces to read magazines and newspapers, work, surf the net or listen to personal entertainment, as well as enjoy a snack.
• The social zone enables groups of business travelers to relax in a lounge atmosphere, offering intimate tables-for-two, where guests can converse with a glass of wine or gourmet treat, as well as other areas for impromptu meetings or breakout discussions.
• The business zone includes a revamped business center including workspace with for an individual or a group.

"The Kansas City Marriott Country Club Plaza has been an integral part of the vibrant urban community for many years," said Bob Morse, Noble's managing principal and chief operating officer. "The multi-million dollar upgrades and new M.I. Greatroom enhance the opportunities for our dedicated team of service professionals to provide our guests with a truly remarkable home away from home experience."

Vibrant colors and rich hues merge throughout the building to bring a vision of contemporary style, elegance and sophistication to this urban landmark. The hotel boasts 16,000 square feet of meeting and event space, two concierge levels, Main Street Grill, lobby lounge, fitness center and indoor swimming pool. The 19-story hotel is located approximately four miles south of downtown Kansas City in the renowned Country Club Plaza district. Home to the region's most established high-end retail, commercial and residential area, Country Club Plaza is the sophisticated center of Kansas City's dining, shopping and cultural scene.

About Noble
Noble Investment Group is an investment management fiduciary specializing in the lodging and hospitality real estate sector. Through its private equity real estate funds, Noble is a value-added, active investor in hotels and resorts throughout the United States. Noble and its predecessors have realized superior risk-adjusted returns while acquiring and developing more than $2 billion in lodging and hospitality assets. The organizations current discretionary private equity fund represents $310 million of equity commitments.

Noble Management Group is an award winning operator of more than 8,500 hotel and resort guest rooms, convention and conference centers with approximately 1,000,000 square feet of meeting space, day and resort spas, upscale restaurants, and branded retail coffee stores. Noble's mission is to be the most respected hospitality organization in the United States, as measured by the loyalty of our team members, our customers, our financial stakeholders and the communities in which we live and operate. www.nobleinvestment.com