Noble Investment Group has acquired SpringHill Suites Houston Northwest hotel located in Chasewood Technology Park in Houston, US.
Terms of the deal have not been disclosed.
The newly built property is near to the Hewlett Packard campuses and Lone Star College University Park.
Noble Investment principal Ben Brunt said: "Northwest Houston continues to experience significant economic, employment, and population growth and benefits from a diverse demand base, which include FMC Technologies, Noble Energy and Willowbrook Hospital.
"The new SpringHill Suites by Marriott will be an ideal fit to service this transient-oriented submarket."
The hotel includes 139 guest rooms and suites, an outdoor pool and spa, fully-equipped business centre and fitness centre. The SpringHill Suites Houston Northwest also features 5,000ft² of flexible meeting and boardroom space.
In addition, it offers complimentary wireless internet access, free self-parking, free hot breakfast and a 24-hour sundry shop.
SpringHill Suites by Marriott is an upper-moderate all-suites hotel that offers modern amenities and stylish spaces.
Established in 1993, Noble invested $3bn in the US in select service and extended stay hotels of premium brands, including Marriott, Hyatt, Hilton, Intercontinental and Starwood.