BPR Properties has selected hotel management firm LBA Hospitality to assume full management responsibilities for their complete portfolio of hotels.
BPR Properties, having previously developed and self-managed their hotels, has maintained a collaborative relationship with LBA Hospitality over 15 years. 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," Beau Benton, president of LBA Hospitality, said in a statement. "Our longstanding relationship, shared values, proven operational expertise, and ability to drive top-line 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."
"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," Bhupen Patel, co-founder and CEO of BPR Properties, said. "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."
Over the past three months, LBA Hospitality has added eight BPR Properties to its management portfolio, bringing the total number of BPR hotels managed by LBA to 16. Hotels in BPR’s development pipeline will be opened and managed by LBA in the coming years.