UNIVERSITY PARK, Pa. — The College of Health and Human Development’s Penn State School of Hospitality Management and the Penn State Hotel & Restaurant Society (PSHRS) have named Mit Shah, Founder and Chief Executive Officer of Noble Investment Group (Noble), as Hospitality Director of the Year 2023.
Founded in 1993, Noble is a leading real estate investment group specializing in the travel and hospitality industry. Through its institutional real estate funds, Noble has invested nearly $6 billion in communities across the country, creating thousands of jobs.
The School of Hospitality Management and PSHRS will recognize Shah for his leadership and many accomplishments in the hospitality industry at a gala reception at the Penn Stater Hotel & Conference Center in State College, PA on April 4, 2023.
“It is an honor to be recognized by the Penn State School of Hospitality Management and the Penn State Hotel & Restaurant Society,” Shah said. and staff continue to ensure that our future hospitality leaders are well prepared to live lives that matter.
The Shah family, led by Mit, endowed the Bharat Shah Leadership Lecture Series at Georgia State’s Cecil B. Day School of Hospitality at the J. Mack Robinson College of Business in honor of his father, Dr. Bharat Shah. Over the years, Mit has brought thousands of students and industry delegates to the lounge for candid conversations about the personal journeys of struggle and perseverance of industry icons, including former executives of the Hospitality of the Year, Chris Nassetta and Arne Sorenson. The series has served as an inspiration to the hospitality and business community and especially to university students in our country.
This 2023 event not only recognizes Shah, but also provides the unique opportunity for Penn State hospitality management students to directly interact with and learn from one of the hospitality industry’s top executives.
“Mit Shah’s enlightened optimism about the hospitality industry is wholeheartedly shared by me and by students studying for hospitality management degrees at Penn State. Among the industry’s most inspiring executives, Mr. Shah’s leadership over three decades as CEO of Noble is unmatched,” said Donna Quadri-Felitti, Director of the Marvin Ashner Endowed School of Hospitality Management.
The PSHRS has honored industry icons with this prestigious award since 1960. Its recipients represent a “Who’s Who” of extraordinary individuals who have left indelible marks on the profession.
“It is an honor to recognize Mit’s extraordinary vision and insight that has led Noble to become the leader in select-service and extended-stay travel and hospitality. As anyone who knows Mit would recognize, he guide with humility, respect and integrity. A true American success story, Mit makes us all better,” noted George Dabney, 1988, Noble Managing Principal and Chief Financial Officer, who served long time as PSHRS, as a director of the board of directors, Treasurer and Chairman of its Patronage Committee.In addition, George was honored by PSHRS as Alumnus of the Year in 2019.
“As the outgoing President of PSHRS, I have the unique honor of welcoming Mit Shah to the pantheon of fellow hospitality executives of the year, which began over 62 years ago. Mr. Shah and his family have a tradition of supporting and exciting the next generation of hospitality professionals through higher education, and our recognition of him celebrates his accomplishments in and out of the boardroom,” said noted Ashley Akright, ’09, Director of Operational Excellence + Innovation, Gaylord Rockies Resort & Convention Center.
In addition to his leadership role at Noble, Shah is currently a member of the executive committee of the American Hotel & Lodging Association’s board of directors, is co-chair of its Industry Real Estate and Finance Advisory Council (“IREFAC”), and is Member of the Boards of Marriott International and Hyatt Hotels Corporation. Shah also served as Chairman of two public companies, LaQuinta and CorePoint Lodging REIT, prior to their successful accomplishments for shareholders.
Shah graduated from Wake Forest University with a degree in economics. He is currently in his fifth term on the Wake Forest University Board of Trustees, where he serves as chair of its investment committee.
For 85 years, Penn State School of Hospitality Management has been a leader in higher education and research serving the hospitality industry. With innovative courses, a tradition of committed scholarship, and disciplinary research led by world-class faculty, the school inspires all students to pursue excellence in scholarship, demonstrate strong ethics of work and become effective and ethical innovators.
To find out more about the gala evening and to reserve your presence, http://www.hhd.psu.edu/shm/hospitality-executive-of-the-year.