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LBA Hospitality and 3H Group announce new portfolio expansion

TAMPA, Florida., 22 August 2024 /PRNewswire/ — In the dynamic field of hospitality management, the partnership between LBA Hospitality and real estate developer 3H Group has taken a step forward with the strategic acquisition of Hyatt Place Tampa Airport/Westshore. This move not only strengthens their already successful collaboration, but also marks a milestone in an ambitious expansion plan for LBA and 3H, with additional properties in the pipeline.

“The trust that the 3H Group places in us to manage its hotel properties is a fundamental part of our growth and in line with our values,” explained Beau BentonPresident of LBA Hospitality. “Assuming management responsibilities for Hyatt Place Tampa Airport/Westshore allows 3H Group to focus on exploring new development opportunities as we are committed to their success. It is a privilege to be selected time and time again to lead their portfolio, which is a testament to the solid trust and commitment of our organizations.”

Centrally located at 4811 W Main Street, Hyatt Place Tampa Airport/Westshore is an ideal choice for business and leisure travelers alike. It is close to Tampa The international airport is just 3 miles away and Raymond James Stadium is 2 miles away. Located in the bustling Westshore District – Tampa’s center for business and entertainment – this pet-friendly hotel offers a number of modern amenities:

  • Spacious guest rooms with plenty of comfort and convenience
  • An on-site bar to relax in the evening
  • Adaptable event spaces for business or social gatherings
  • A wide selection of dining options to suit every taste
  • Free daily breakfast for a good start to the day

Hiren Desai, CEO of 3H Group, commented: “Our alliance with LBA Hospitality is based on excellence and integrity. As we expand our hotel portfolio, collaborations like this enable us to redefine industry standards.”

The successful acquisition of Hyatt Place Tampa Airport reflects a broader strategic initiative by LBA and 3H, with a robust pipeline of hotels currently under development. This partnership, exemplified by LBA’s management expertise at 3H’s existing hotel properties, promises to bring additional high-quality accommodations to market in the near future.

About LBA Hospitality
Founded in 1973, LBA Hospitality is one of the leading hotel management, development and consulting companies in the United States. With an extensive portfolio of award-winning hotels in the East, Southeast and Southwest of the United States, LBA Hospitality is a recognized leader in developing and operating the most respected brands under the franchise licenses of Marriott, Hilton, Hyatt, Best Western and InterContinental Hotel Group. For more than five decades, LBA Hospitality has consistently set new standards in hotel development, management and guest satisfaction, resulting in sustainable, profitable growth for owners. For more information, visit www.lbahospitality.com.

About 3H Group, Inc.
Headquartered in Chattanooga, Tennessee3H Group, Inc. is a dynamic and innovative hospitality development company dedicated to delivering exceptional experiences to its customers and business partners. Since its founding in 2000, 3H has grown steadily and become a respected name in the industry, with a diverse portfolio of hotels, warehouse facilities, residential properties and retail stores. 3H’s mission is driven by core values ​​of honesty, hard work and hospitality, which enable the company to build and enrich communities. With unparalleled commitment to operational standards, leadership and management, 3H works with brands such as Marriott, Hilton, Hyatt, IHG and StayAPT. For more information, visit www.3h.group.

For further information about LBA Hospitality and its cooperation projects please contact:
Melanie Shammout
LBA Hospitality
(email protected)

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By Jasper

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