Noble Investment Group has opened StudioRes by Marriott Newnan in Newnan, GA.
Purpose-built for extended stays, the 124-room hotel features studios with full kitchens and dedicated workspaces, complemented by 24-hour fitness and laundry facilities. Located near the town’s major employers and healthcare centers, the property meets the growing demand for flexible, brand-backed accommodations that bridge hospitality and housing, according to the company.
“Workforce mobility and the widening rent-versus-own affordability gap are driving demand for longer-stay accommodations,” said Mit Shah, CEO, Noble. “Through our branded long-term accommodations platform, we are scaling a resilient institutional asset class designed to deliver durable cash flow and long-term value to our investors.”
Ben Brunt, chief investment officer, Noble, added, “Noble’s investment in StudioRes by Marriott underscores our conviction in the long-term fundamentals of services-light, flexible accommodations. Our disciplined approach prioritizes efficiency, scalability and brand alignment to create institutional-grade assets that meet the evolving needs of modern travelers.”
