Hotel management firm LBA Hospitality has been selected by BPR Properties to assume full management responsibilities for its complete portfolio of hotels.
BPR, having previously developed and self-managed its hotels, has maintained a longstanding and collaborative relationship with LBA over the course of 15 years, according to the companies. Throughout this partnership, LBA has provided support to BPR Properties, assisting with hotel openings, revenue management and operational advancements.
“We are honored to have built the trust with BPR Properties to assume full management responsibilities for their portfolio,” said Beau Benton, president, LBA Hospitality. “Our longstanding relationship, shared values, proven operational expertise and ability to drive topline revenue uniquely position us to elevate the success of these properties. Together, our objective is to deliver unparalleled guest experiences while optimizing overall operational results.”
Bhupen Patel, cofounder/CEO, BPR Properties, added, “Making the decision to transition to third-party management was not an easy one. However, when considering LBA Hospitality’s associate-focused culture, commitment to training and their demonstrated development of leaders, the choice to have them assume full management responsibilities for our properties was an easy one. Their well-established partnership with us, continuous focus on associate retention and education, and dedication to delivering exceptional guest experiences align perfectly with our values. This transition will allow our team to shift our focus towards new hotel development and enhancing our existing properties.”
In the past three months, LBA has added eight additional BPR properties to its management portfolio, bringing the total number to 16. Additionally, BPR has a development pipeline that will be opened and managed by LBA in the coming years.
