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BPR PROPERTIES has selected LBA Hospitality to assume full management responsibility for its entire hotel portfolio. The company’s 16 hotels are already managed by the Alabama-based hotel management company, with six new hotels added in the past three months.
BPR is led by Birju Patel as President and CEO Bhupen Patel.
“Making the decision to transition to third-party management is not an easy one,” said Bhupen Patel. “However, given LBA Hospitality’s employee-focused culture, commitment to training and leader development, it was an easy choice to have them assume full management responsibilities for our properties. They have a great working relationship with us, A continued focus on employee retention and education and a commitment to delivering an exceptional guest experience aligns perfectly with our values. This transition will allow our team to shift our focus to new hotel development and enhancements to our existing properties.”
Founded in 1983, BPR has acquired and developed more than 100 hotels and developed more than 2,000 acres of commercial and residential real estate, the two companies said in a joint statement.
BPR has maintained a cooperative relationship with LBA for the past 15 years, the statement said. Throughout the partnership, LBA provides support to BPR Properties, assisting with hotel openings, revenue management and operational improvements. BPR has a strong development pipeline that will be opened and managed by LBA in the coming years.
“We are honored to build trust with BPR Properties and assume full management responsibility for their portfolio,” said Beau Benton, President of LBA Hospitality. “Our long-standing relationship, shared values, proven operational expertise and revenue-driven Our capabilities uniquely position us to enhance the success of these properties. Our shared goal is to deliver an unparalleled guest experience while optimizing overall operating results.”
In July 2021, BPR Properties sold the Homewood Suites by Hilton Savannah Airport in Pooler, Georgia, in a transaction brokered by Hunter Hotel Advisors.
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