3H Group buys Tampa Hyatt

3H Group has acquired the Hyatt Place Tampa Airport/Westshore in Tampa, Fla. Other details and terms were not disclosed. LBA Hospitality will manage the property. 3H and LBA formed a strategic alliance in 2021 for expansion.

“The trust bestowed upon us by 3H Group to manage their hotel properties is a fundamental component of our growth and aligns with our values,” LBA Hospitality President Beau Benton said in a statement. “Assuming the management duties for Hyatt Place Tampa Airport/Westshore allows 3H Group to concentrate on exploring new development opportunities, reassured by our dedication to their success. It’s a privilege to be consistently selected to oversee their portfolio, which is a testament to the solid trust and commitment shared between our organizations.”

The Hyatt Place Tampa Airport/Westshore is near the Tampa International Airport and the Raymond James Stadium.

The hotel has: spacious guestrooms; an onsite bar; adaptable event spaces; a variety of dining options; complimentary daily breakfast.

“Our alliance with LBA Hospitality is built on a foundation of excellence and integrity," said 3H CEO Hiren Desai. "As we expand our hotel portfolio, collaborations like this enable us to redefine industry standards.”