3H Group acquires Hyatt Place in Tampa, FL

3H Group, led by Hiren Desai as president and CEO, recently acquired Hyatt Place Tampa Airport/Westshore in Tampa, Florida

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3H Group
3H Group, led by Hiren Desai as president and CEO, recently acquired Hyatt Place Tampa Airport/Westshore in Tampa, Florida.

3H GROUP, LED by Hiren Desai as president and CEO, recently acquired the Hyatt Place Tampa Airport/Westshore in Tampa, Florida. LBA Hospitality will manage the hotel’s operations.

The acquisition of the Hyatt Place Tampa Airport is part of a broader strategic initiative for LBA and 3H, which have a strong pipeline of hotels in development, the companies said in a statement.

“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,” said Desai.

“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, LBA Hospitality’s president. “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 pet-friendly hotel, featuring 124 guestrooms, is in the Westshore District, three miles from Tampa International Airport and two miles from Raymond James Stadium.

In April, 3H Group broke ground on Caption by Hyatt Chattanooga, Hyatt Hotels Corp.’s first location of the brand in Tennessee and opened The Hiatus Clearwater Beach, Curio Collection by Hilton in Florida, which is also managed by LBA Hospitality.