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3H Group, LBA Hospitality open dual brand in Chattanooga, TN

Both companies claim to have a strong pipeline of hotels in development

3H Group, LBA Hospitality open dual brand in Chattanooga, TN

3H Group and LBA Hospitality recently opened their first dual-branded IHG hotels in Chattanooga, Tennessee: Candlewood Suites Chattanooga East and Holiday Inn Express Chattanooga East, adding 154 rooms to the area. Holiday Inn Express serves families and business travelers, while Candlewood Suites focuses on extended-stay guests.

3H Group is led by President and CEO Hiren Desai, while LBA Hospitality is led by President Beau Benton.


"By focusing on Chattanooga's thriving market, we're not just growing our presence; we're building on our established track record of success," Benton said. "Our intimate knowledge of the Chattanooga landscape, shaped by hands-on management of several other local Chattanooga hotels, empowers us to not only promise and deliver an exceptional stay experience for our guests, but also to forge substantial growth and profitability for our owners."

3H Group recently acquired the Hyatt Place Tampa Airport/Westshore in Tampa, Florida, as part of a broader strategic initiative with LBA Hospitality. Both companies had then noted a strong pipeline of hotels in development.

In April, 3H Group broke ground on Caption by Hyatt Chattanooga, the brand's first Tennessee location. The 123-room hotel, developed under a franchise agreement, is set to open in early 2026. The company is also developing a Hyatt Studios hotel in Mobile, Alabama, slated for early 2025.

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Peachtree Group Surpasses $2 B in U.S. Hotel Developments

Peachtree hits $2B in nationwide hotel developments

Summary:

  • Peachtree’s hotel development portfolio exceeds $2 billion nationwide.
  • Its largest project this year, Embassy Suites Gulf Shores, has 257 suites.
  • It has 11 hotels open, four under construction, three planned in Opportunity Zones.

PEACHTREE GROUP’S HOTEL development portfolio exceeded $2 billion nationwide despite high interest rates, rising construction costs and tighter credit conditions. Its largest project this year, the eight-story Embassy Suites by Hilton Gulf Shores Beach Resort in Alabama, includes 257 suites overlooking the Gulf Coast.

In Dallas, construction teams topped out the dual-branded AC and Moxy by Marriott Uptown, Peachtree’s tallest hotel at 19 stories in the city’s Uptown submarket, Peachtree said in a statement. The project, set to open in summer 2026, will add 264 rooms.

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