US-based private equity firm Noble Investment (Noble) has announced the acquisition of newly renovated Residence Inn by Marriott Tampa Downtown in the business and financial district of the Tampa Bay area.

The all-suite hotel features 109 studio, one and two-bedroom suites, each with fully-equipped kitchens.

Other amenities offered by the hotel include an outdoor pool, whirlpool, BBQ & picnic area and sports court. The hotel also offers nearly 1,000ft2 of flexible meeting and boardroom space, and fitness centre.

Noble principal Ben Brunt said: “Downtown Tampa is in the midst of an urban renaissance with expansive new residential and commercial development in the heart of a city with deep demand generators already in place.

“The Residence Inn by Marriott offers us the ability to acquire the best in class extended-stay brand in this exciting market while gaining operational efficiencies paired with Noble’s adjacent hotel, the Courtyard by Marriott Tampa Downtown.”

The newly acquired hotel is managed by McKibbon Hospitality, a hotel development and management group headquartered in Tampa’s Avion Park.

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In addition to some major companies, the hotel is  located within close proximity of the University of Tampa, Straz Performing Arts Centre, Tampa Convention Centre, and the Port of Tampa.