LBA Hospitality, in association with real estate developer 3H Group, has acquired Hyatt Place Tampa Airport/Westshore in Florida, US.
Located at 4811 W Main Street, the hotel is within three miles of Tampa International Airport and two miles of the Raymond James Stadium.
LBA Hospitality president Beau Benton stated that the company will assume management of the property on behalf of 3H Group.
The pet-friendly hotel offers 124 guest rooms, complimentary daily breakfast, an on-site bar, and various dining options.
It also offers event spaces for both business and social gatherings, a fitness centre, and a swimming pool, among others.
Benton said: “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.
“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 organisations.”
Earlier this month, BPR Properties selected LBA Hospitality for the full management of its hotel portfolio.
LBA Hospitality develops and operates hotels under the franchise licences of brands such as Marriott, Hilton, Hyatt, Best Western, and InterContinental Hotel Group.