Skip to content

Search

Latest Stories

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.

More for you

Olympic Wage ordinance 2028
Photo credit: Unite Here Local 11

Petition fails to stop L.A. hotels wage increase

Summary:

  • Failed petition clears way for Los Angeles “Olympic Wage” to reach $30 by 2028.
  • L.A. Alliance referendum fell 9,000 signatures short.
  • AAHOA calls ruling a setback for hotel owners.

A PETITION FOR a referendum on Los Angeles’s proposed “Olympic Wage” ordinance, requiring a $30 minimum wage for hospitality workers by the 2028 Olympic Games, lacked sufficient signatures, according to the Los Angeles County Registrar. The ordinance will take effect, raising hotel worker wages from the current $22.50 to $25 next year, $27.50 in 2027 and $30 in 2028.

Keep ReadingShow less
AHLA Foundation expands hospitality education

AHLA Foundation expands hospitality education

Summary:

  • AHLA Foundation is partnering with ICHRIE and ACPHA to support hospitality education.
  • The collaborations align academic programs with industry workforce needs.
  • It will provide data, faculty development, and student engagement opportunities.

THE AHLA FOUNDATION, International Council on Hotel, Restaurant and Institutional Education and the Accreditation Commission for Programs in Hospitality Administration work to expand education opportunities for students pursuing hospitality careers. The alliances aim to provide data, faculty development and student engagement opportunities.

Keep ReadingShow less
Hotel data challenges report highlighting AI and automation opportunities in hospitality

Survey: Data gaps hinder hotel growth

Summary:

  • Fragmented systems, poor integration limit hotels’ data access, according to a survey.
  • Most hotel professionals use data daily but struggle to access it for revenue and operations.
  • AI and automation could provide dynamic pricing, personalization and efficiency.

FRAGMENTED SYSTEMS, INACCURATE information and limited integration remain barriers to hotels seeking better data access to improve guest experiences and revenue, according to a newly released survey. Although most hotel professionals use data daily, the survey found 49 percent struggle to access what they need for revenue and operational decisions.

Keep ReadingShow less
Hyatt Way partnership

Hyatt taps Way for unified guest platform

Summary:

  • Hyatt partners with Way to unify guest experiences on one platform.
  • Members can earn and redeem points on experiences booked through Hyatt websites.
  • Way’s technology supports translation, payments and data insights for Hyatt.

HYATT HOTELS CORP. is working with Austin-based startup Way to consolidate ancillary services, loyalty experiences and on-property programming on one platform across its global portfolio. The collaboration integrates Way’s system into Hyatt.com, the World of Hyatt app, property websites and FIND Experiences to create a centralized booking platform.

Keep ReadingShow less
Report: CMBS delinquency rate hits 7.23 percent in July

Report: CMBS delinquency rate hits 7.23 percent in July

Summary:

  • U.S. CMBS delinquency rate rose 10 bps to 7.23 percent in July.
  • Multifamily was the only property type to increase, reaching 6.15 percent.
  • Office remained above 11 percent, while lodging and retail fell.

THE U.S. COMMERCIAL mortgage-backed securities delinquency rate rose for the fifth consecutive month in July, climbing 10 basis points to 7.23 percent, according to Trepp. The delinquent balance reached $43.3 billion, up from $42.3 billion in June.

Keep ReadingShow less