Joel Eisemann is now the senior advisor of real estate investment managing firm Noble Investment Group, the company said in a statement. Previously he was chief development officer for the Americas for IHG Hotels & Resorts.
He will work with the Noble team to develop and scale the company’s investment strategies as the firm continues the meaningful growth of its platform that serves institutional investors around the world, the statement added.
Eisemann was with IHG for the past 11 years and retired last year. Under his leadership, IHG launched five new brands in the Americas and grew to approximately 5,000 hotels open and in the pipeline.
“As a widely respected leader, trusted partner, and friend, we are excited to welcome Joel to the team. He will help us think critically about the continued evolution of travel and hospitality as we expand the depth and breadth of our investment strategies,” said Mit Shah, Noble’s CEO.
Previously, Eisemann was with Marriott International for twenty-nine years as chief development officer of select-service and extended-stay brands, chief owner and franchise relations officer, EVP of global ssset management, and SVP of lodging development in the Asia Pacific.
“I have enjoyed working closely with the Noble team for over twenty years. Their track record, talent, and resources are unmatched in our industry and create a significant advantage. I look forward to helping build out valuable new strategies across the Noble platform,” Eisemann said.
In the past three decades, Noble invested more than $5 billion in communities throughout the U.S.
In November, Noble Investment Group signed an agreement with Choice Hotels International to develop nine WoodSpring Suites hotels in Georgia and South Carolina in two years.