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LBA Hospitality President Beau Benton to Speak at the 2022 Hunter Hotel Investment Conference

Retrieved on: 
Friday, March 11, 2022

DOTHAN, Ala., March 11, 2022 /PRNewswire/ --LBA Hospitality, an Alabamabased hotel management company, announced that President Beau Benton has been selected to be a panelist at the 2022 Hunter Hotel Investment Conference.

Key Points: 
  • DOTHAN, Ala., March 11, 2022 /PRNewswire/ --LBA Hospitality, an Alabamabased hotel management company, announced that President Beau Benton has been selected to be a panelist at the 2022 Hunter Hotel Investment Conference.
  • A current member of Hilton's Homewood Advisory Council, Beau has presented at the Hunter Hotel Conference the past five years.
  • "I am looking forward to spending time with other leaders in the hospitality industry at the upcoming Hunter Conference this year," said, Beau Benton, President of LBA Hospitality.
  • The Hunter Hotel Investment Conference will be held at the Atlanta Marriott Marquis hotel from March 22-24.

TowerBrook and Related Fund Management Complete Investment in Stonebridge Companies

Retrieved on: 
Wednesday, March 2, 2022

TowerBrook Capital Partners L.P. (TowerBrook), an international investment management firm, and Related Fund Management (RFM), a real estate investment management firm, announced the completion of their investment in Stonebridge Companies (Stonebridge or the Company).

Key Points: 
  • TowerBrook Capital Partners L.P. (TowerBrook), an international investment management firm, and Related Fund Management (RFM), a real estate investment management firm, announced the completion of their investment in Stonebridge Companies (Stonebridge or the Company).
  • The transaction was funded through a majority investment from TowerBrook, with a significant minority investment from RFM and a substantial roll-over investment from Navin Dimond, Founder and CEO of Stonebridge.
  • In conjunction with the investment, TowerBrook, RFM and Mr. Dimond have also committed significant capital to establish a real estate investment platform to fund new hotel acquisitions.
  • The Company provides hotel management services, hotel investment opportunities, and development services across its portfolio.

Passport welcomes Sathish Gaddipati as CTO and Powers moves to CIO

Retrieved on: 
Monday, February 7, 2022

As a part of this transition, Brad Powers will move to the position of Chief Innovation Officer (CIO).

Key Points: 
  • As a part of this transition, Brad Powers will move to the position of Chief Innovation Officer (CIO).
  • In this new role, Powers will focus on Passport's product stack as well creating a renewed focus around innovation.
  • "We're thrilled to bring Sathish on board as our Chief Technology Officer and excited for Brad as he continues to innovate for Passport and the industry as he's done for a decade," said David Evans, Passport CEO.
  • Passport is trusted by more than 800 clients in North America to manage their parking and mobility infrastructure.

LBA Hospitality Selected to Manage the Hampton Inn & Suites in Myrtle Beach, South Carolina

Retrieved on: 
Wednesday, December 22, 2021

DOTHAN, Ala., Dec. 22, 2021 /PRNewswire/ --LBA Hospitality, an Alabamabased hotel management company, today announced that it has recently been awarded the management contract for the Hampton Inn & Suites Myrtle Beach/Oceanfront .

Key Points: 
  • DOTHAN, Ala., Dec. 22, 2021 /PRNewswire/ --LBA Hospitality, an Alabamabased hotel management company, today announced that it has recently been awarded the management contract for the Hampton Inn & Suites Myrtle Beach/Oceanfront .
  • The oceanfront hotel located at 1801 South Ocean Boulevard is owned by Mission Hill Hospitality of Denver, Colorado.
  • The 228-room Hampton Inn & Suites Myrtle Beach/Oceanfront offers a wide array of spacious rooms and suites.
  • Established in 1973, LBA Hospitality is one of the leading hotel management, development, and consulting companies in the US.

Marcus® Hotels & Resorts Forms Joint Venture with Searchlight Capital Partners to Grow Portfolio of Co-Owned Hotels

Retrieved on: 
Friday, December 17, 2021

Through this joint venture, Marcus Hotels & Resorts and Searchlight Capital Partners announced the acquisition of the Kimpton Hotel Monaco Pittsburgh, which Marcus Hotels & Resorts will manage, effective December 16, 2021.

Key Points: 
  • Through this joint venture, Marcus Hotels & Resorts and Searchlight Capital Partners announced the acquisition of the Kimpton Hotel Monaco Pittsburgh, which Marcus Hotels & Resorts will manage, effective December 16, 2021.
  • View the full release here: https://www.businesswire.com/news/home/20211216006210/en/
    Kimpton Hotel Monaco Pittsburgh (Photo: Business Wire)
    We are excited to begin our partnership with Searchlight Capital Partners with the acquisition of the Kimpton Hotel Monaco Pittsburgh, said Michael Evans, president of Marcus Hotels & Resorts.
  • With the addition of Kimpton Hotel Monaco Pittsburgh, Marcus Hotels & Resorts owns and/or manages 19 hotels, resorts and other properties in the U.S.
  • The companys distinctive portfolio includes city-center meeting hotels, upscale resorts, historic properties, and premium branded and independent first-class hotels.

Outrigger Hospitality Group Invests in the Marriage of Technology and Travel

Retrieved on: 
Wednesday, December 1, 2021

The marriage of technology and travel has become paramount.

Key Points: 
  • The marriage of technology and travel has become paramount.
  • Our growth and development strategy incorporates technology for both our guests and hosts as well as front- and back-end operations, said Monica Salter, Outrigger Hospitality Group vice president of global communications and social responsibility.
  • Outrigger is interested in a seamless, friendly way to share updated protocols and engage directly with our guests.
  • The privately held hospitality company invites guests to Escape Ordinary with authentic Signature Experiences and the Outrigger DISCOVERY loyalty program .

Segra Announces Updates to its Executive Leadership Team

Retrieved on: 
Monday, November 1, 2021

Segra, one of the largest fiber infrastructure network companies in the Eastern U.S., announced today the appointment of several new members to its executive team.

Key Points: 
  • Segra, one of the largest fiber infrastructure network companies in the Eastern U.S., announced today the appointment of several new members to its executive team.
  • Segra is fortunate to have these talented leaders join the Segra executive team at such a pivotal and exciting time for us, said Tim Biltz, Chief Executive Officer.
  • Robin Dunson brings to Segra over 20 years of experience in senior-level counsel, including leadership positions in both publicly and privately held telecommunications companies.
  • Scott Wallhermfechtel brings over 30 years in telecommunications and network management experience to his new role as CTO for Segra.

Marshall Hotels & Resorts Announces $14 Million Conversion of 259-Room Sheraton Hotel Airport and Conference Center Grand Rapids

Retrieved on: 
Thursday, October 21, 2021

Marshall Hotels & Resorts, a leading hotel management and services company that operates properties nationwide, today announced the $14 million conversion of the 259-room Sheraton Hotel Airport and Conference Center Grand Rapids.

Key Points: 
  • Marshall Hotels & Resorts, a leading hotel management and services company that operates properties nationwide, today announced the $14 million conversion of the 259-room Sheraton Hotel Airport and Conference Center Grand Rapids.
  • The former Crowne Plaza Grand Rapids Airport & Conference Center will begin undergoing a complete transformation beginning December 2021.
  • Owned by HDDA Grand Rapids, LLC, the hotels renovation has been financed by Twain Financial Partners.
  • About Marshall Hotels & Resorts, Inc.
    Salisbury, Md.-based Marshall Hotels & Resorts, Inc. has special expertise operating three- and four-star branded hotels and resorts, averaging 100 to 500 rooms, in urban and central business districts, as well as suburban/drive-to and resort locations.

3H Group and LBA Hospitality Form Strategic Alliance for Future Growth

Retrieved on: 
Tuesday, September 28, 2021

Today, LBA Hospitality, based in Dothan, Ala., and 3H Group, headquartered in Chattanooga, Tenn., announced the formation of their new strategic alliance, which empowers LBA Hospitality and 3H Group to enlarge their respective companies while remaining focused on expansion of their hotel management platform.

Key Points: 
  • Today, LBA Hospitality, based in Dothan, Ala., and 3H Group, headquartered in Chattanooga, Tenn., announced the formation of their new strategic alliance, which empowers LBA Hospitality and 3H Group to enlarge their respective companies while remaining focused on expansion of their hotel management platform.
  • 3H Group and LBA Hospitality have been recognized for their passionate company cultures with shared values of teamwork and respect for associates.
  • Beyond their strong work ethic, commitment to hospitality and a service-centered approach, 3H Group and LBA Hospitality also share a history of philanthropic outreach in the communities where they work.
  • 3H Group and LBA Hospitality plan to share a regional office in Chattanooga as well as keep the existing corporate headquarters of LBA Hospitality in Dothan, Ala.

LBA Hospitality Opens the Renaissance Hotel in Historic Downtown St. Augustine

Retrieved on: 
Friday, September 3, 2021

ST. AUGUSTINE, Fla., Sept. 3, 2021 /PRNewswire/ --LBA Hospitality today announced the opening of the uniquely designed 89-room Renaissance St. Augustine Historic Downtown Hotel.

Key Points: 
  • ST. AUGUSTINE, Fla., Sept. 3, 2021 /PRNewswire/ --LBA Hospitality today announced the opening of the uniquely designed 89-room Renaissance St. Augustine Historic Downtown Hotel.
  • The stunning property at 6 West Castillo Drive in downtown St. Augustine is owned by Vista Hospitality and managed by Alabamabased hotel management company LBA Hospitality .
  • Additionally, Renaissance St. Augustine Historic Downtown Hotel provides skilled and certified planners to coordinate and personalize every event from start to finish.
  • For more information on the Renaissance St. Augustine Historic Downtown Hotel or to make reservations, please call 904-824-4457 or visit www.renaissancestaugustine.com .