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Noble House Hotels & Resorts Announces Retirement of CEO, along with New CEO and CFO

March 24, 2023

Noble House Hotels & Resorts, the family-owned, boutique hotel brand with a collection of 25 properties, announced today two leadership changes within the company.

Noble House announced the retirement of CEO Jake Donoghue. Jake Donoghue has been with the company since its inception in 1981 and has worked alongside Noble House Chairman and Founder Pat Colee to help assemble a portfolio of award-winning hotels across North America.

“The boutique brand extends a heartfelt thank you to Jake Donoghue for his invaluable contributions over the years. Donoghue has positively influenced the entire company with his unwavering commitment and will no doubt continue to shape the future of Noble House Hotels & Resorts through his position on the Board of Directors,” a statement reads.

Jamie Colee, who has worked with Jake for over 30 years will assume the role of Chief Executive Officer (CEO) and Janette Ament, with a Noble House tenure of 35 years has been named Chief Financial Officer (CFO).

“We continue face some challenging times for our industry but also a period of exciting growth and development at Noble House Hotels & Resorts,” said Jake Donoghue. “I am confident that both Jamie and Janette will continue to do great things and to lead this company to new heights in their respective roles.”

Previously serving as President of Development, Colee began his Noble House career in 1993. His 30 years of hospitality and company experience has provided him a myriad of positions and responsibilities across the Noble House enterprise from high level strategy for hotel operations and prospective investment analysis to oversight of all capital spending and renovations. Most notably, Colee led the rebuild efforts of Little Palm Island after the destruction of Hurricane Irma, after which Little Palm Island went on to break industry records. As CEO, Colee will lead the executive team’s efforts to set the brand’s vision, reinforce company culture, drive profitability, manage organizational structure, and ensure the mission of Noble House is executed to the highest standards.

“I am thrilled to take on this new role as CEO of Noble House Hotels & Resorts,” said Colee. “Starting off my career within the business my family began over 40 years ago and now assuming the CEO title is an incredible honor, and one that I don’t take lightly. I look forward to working towards the continued success of the brand alongside a talented team of professionals that keep Noble House at the forefront of the hospitality space.”

With more than 35 years of experience operating and developing hotels, Ament is an expert in the field of accounting. In her new role, she is responsible for corporate finance, oversight of lender and treasury management, strategic planning and operations, corporate tax and hotel financial reporting. She is highly focused on driving profitability, cashflow and protecting the Owner’s risk. Her hotel experience includes corporate accounting, hotel accounting and operations management, development accounting and risk management. Ament was also named the “2008 Responsibility Leader for the Hospitality Industry” by Risk and Insurance Magazine.

“After an incredible number of years working with Noble House Hotels & Resorts, I am honored and grateful to move into the CFO position,” said Ament. “I look forward to working alongside our visionary leadership team to accomplish our financial goals and continue the growth of our existing portfolio.”

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