An Alabama hotel company that's opening three new hotels in Orlando's tourism corridor is gearing up to break ground on a fourth property near Orlando International Airport.
Fast-growing LBA Properties, based in Dothan, has filed construction plans with the St. Johns River Water Management District and City of Orlando for a five-story, 128-key Home2 Suites by Hilton.
"It really speaks to the depth and vibrancy of the Orlando market," LBA President Beau Benton told GrowthSpotter on Tuesday. "It seems like every year Orlando sets a new record for tourism."
The company will open a pair of new hotels on International Drive near SeaWorld this summer. They are a 181-room Holiday Inn Express at 10771 International Dr., and a 188-room TownePlace Suites next door at 10731 International Dr. LBA is the development partner on those for Mandala Holdings.
The fourth property, north of the airport, will be owned by LBA affiliate Sunbelt Development LLC. Benton said it was designed to serve three major customer bases: business travelers, visitors to the USTA National Campus in Lake Nona, and theme park tourists.
"As the airport expands, we have found that a lot of tourists will add a night to their stay," he said. If they're staying on resort property, it's more convenient and cost-effective to stay near the airport before flying home.