BPR PROPERTIES HAS selected LBA Hospitality to assume full management responsibilities for its complete portfolio of hotels. The company’s 16 hotels are already managed by the Alabama-based hospitality management firm, with six properties added in the last three months.
BPR is led by Birju Patel as president and CEO Bhupen Patel.
“Making the decision to transition to third-party management was not an easy one,” said Bhupen Patel. “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.”
BPR, founded in 1983, has acquired and developed more than 100 hotels, developed over 2000 acres of commercial and residential real estate, the companies said in a joint statement.
BPR maintained a collaborative relationship with LBA over the last 15 years, the statement said. Throughout this partnership, LBA supported BPR Properties, assisting with hotel openings, revenue management and operational advancements. BPR has a robust development pipeline that will be opened and managed by LBA in the coming years.
“We are honored to have built the trust with BPR Properties to assume full management responsibilities for their portfolio,” said Beau Benton, LBA Hospitality’s president. “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.”
In July 2021, BPR Properties had sold its Home2 Suites by Hilton Savannah Airport in Pooler, Georgia, and the deal was brokered by Hunter Hotel Advisors.
