Noble Investment Group Welcomes Tim Bowes and Mark Klawitter to Leadership Team

Noble Investment Group Welcomes New Faces to Leadership Team



In an exciting development for the hospitality investment sector, Noble Investment Group has announced the appointment of Tim Bowes as the Senior Director of Asset Management and Mark Klawitter as the Director of Asset Management. This strategic decision aims to bolster Noble's asset management team and enhance the firm's capabilities in executing its ambitious institutional investment strategies.

Tim Bowes joins Noble with an impressive resume featuring over 25 years of experience in hospitality operations, revenue optimization, and performance strategy. His previous roles include serving at Hospitality Investors Trust, a Brookfield company, and senior positions at Crescent Hotels & Resorts and Marriott International. At Noble, he will be tasked with leading asset performance across the firm's upscale select-service hotel portfolio, working closely with operating teams to implement innovative strategies that maximize value.

"Tim's deep understanding of the hospitality industry and his skill set in performance optimization will be invaluable as we seek to elevate our asset management approach," noted Steven Nicholas, Managing Principal and Head of Asset Management at Noble.

Meanwhile, Mark Klawitter brings a wealth of experience as well, having spent 25 years at Extended Stay America, where he helped shape the company into one of the most resilient accommodation models in the nation. His focus will be on guiding revenue and operational innovation for Noble's branded long-term accommodations platform. Klawitter's extensive background in data-driven execution and hands-on operational leadership is expected to further enhance Noble's performance.

"Mark's leadership will be a significant asset as we continue to refine our operational practices and drive profitability across our investment platforms," added Nicholas.

For over three decades, Noble Investment Group has positioned itself as a leader in the travel and hospitality real estate sector, having invested more than $6 billion across the United States. The company has consistently demonstrated its commitment to creating value while promoting economic development through job creation, all while being recognized as one of PERE's Top 200 Global Investment Managers.

Noble's role as a fiduciary for various institutional investors, including pension plans and foundations, means they are entrusted with safeguarding and growing capital through fluctuating market cycles. This responsibility not only aids in securing retirements for many, including teachers and first responders, but also fosters educational opportunities for future generations.

The additions of Bowes and Klawitter highlight Noble's commitment to enhancing its asset management expertise and operational excellence. Their combined experience is seen as a pivotal factor in driving Noble’s strategic initiatives forward.

To learn more about Noble Investment Group and its initiatives, visit Noble Investment Group's website.

Topics Business Technology)

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