Impact Properties has selected US-based hotel management company LBA Hospitality to manage three hotels in Florida.
The properties are Hyatt Place Tampa Wesley Chapel, Residence Inn by Marriott Jacksonville South/Bartram Park, and Hampton Inn & Suites by Hilton Jacksonville South-Bartram Park.
They added 357 guest rooms to LBA’s portfolio of more than 100 properties.
LBA Hospitality president Beau Benton said: “We are delighted to be selected by Impact Properties as their managing partner for these hotels. I believe that LBA’s scale and expertise in sales, revenue management and e-commerce will provide Impact with meaningful growth.
“This partnership will allow them to focus their resources on developing additional properties while these properties continue to excel under LBA Hospitality’s leadership.”
Impact Holdings chief operating officer Kish Kanji said: “Hotel owners are facing significant challenges today like never before and turning to cycle-tested management companies like LBA will provide operational excellence and help increase our overall profitability and maximise the values of our investments.”
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Hyatt Place Tampa Wesley Chapel is a pet-friendly hotel that features a fitness centre, an outdoor swimming pool, and a lobby bar/restaurant.
Residence Inn by Marriott Jacksonville South/Bartram Park offers 122 suites and has an outdoor swimming pool, a fitness centre and 483ft² of meeting space.
The pet-friendly Hampton Inn & Suites by Hilton Jacksonville South-Bartram Park has 103 rooms.
It also includes an outdoor swimming pool, a business centre, a 24/7 fitness centre, and 912ft² of event space.
In September 2023, LBA Hospitality completed the revamp of Home2 Suites by Hilton Houston/Katy in Texas, US.
The renovation upgraded the property’s guestrooms and communal spaces to include all seating, wall treatments, flooring, lighting, and millwork.