BPR Properties, led by Birju Patel as president, has sold its Home2 Suites by Hilton Savannah Airport in Pooler, Georgia. The deal was brokered by Hunter Hotel Advisors.
A large private equity group purchased the hotel to increase its select-service portfolio.
"The Home2 Suites Savannah Airport should provide the new owner continued strong performance in the market as the premium Hilton brand will be able to take advantage of its location along Interstate 95, proximate to strong corporate demand and just minutes from the Savannah/Hilton Head International Airport (SAV) and Downtown Savannah." said Mayank Patel, senior vice president for Hunter Hotel Advisors.
"Mayank and Hunter have been strategic partners as we implement and execute our disposition strategy that will ultimately be accretive for our portfolio and future growth." Birju Patel said.
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."