Real estate developer 3H Group has acquired the Hyatt Place Tampa Airport/Westshore. LBA Hospitality will manage the property.
“The trust bestowed upon us by 3H Group to manage their hotel properties is a fundamental component of our growth and aligns with our values,” said Beau Benton, president, LBA Hospitality. “Assuming the management duties for Hyatt Place Tampa Airport/Westshore allows 3H Group to concentrate on exploring new development opportunities, reassured by our dedication to their success. It’s a privilege to be consistently selected to oversee their portfolio, which is a testament to the solid trust and commitment shared between our organizations.”
The property is three miles away from Tampa International Airport and two miles away from Raymond James Stadium. Located in the Westshore District, the pet-friendly hotel offers 124 guestrooms, a bar, adaptable event spaces, a variety of dining options and complimentary daily breakfast.
Hiren Desai, CEO, 3H Group, said, “Our alliance with LBA Hospitality is built on a foundation of excellence and integrity. As we expand our hotel portfolio, collaborations like this enable us to redefine industry standards.”
The acquisition of the Hyatt Place Tampa Airport reflects a broader strategic initiative for LBA and 3H, with a robust pipeline of hotels currently under development.
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