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Delta Hotels by Marriott Opens Delta Hotels West Palm Beach in South Florida
Driftwood Hospitality Management | September 12, 2024
Delta Hotels West Palm Beach Offers Premium Amenities, Stunning and Spacious Guest Rooms, and Prime Locale West Palm Beach, Fla. – September 12, 2024 – Delta Hotels by Marriott has made its South Florida debut with the grand opening of its first full-service property, Delta Hotels West Palm Beach. Nestled in the coastal charm of West Palm Beach, the hotel features 199 thoughtfully designed rooms. Guests can enjoy dining at The Dive Bar, the hotel’s signature restaurant and bar, or take advantage of over 6,000 square feet of versatile event space. The hotel also offers a grab-and-go café, a state-of-the-art fitness center, a refr...
Driftwood Hospitality Management Unveils Multimillion-Dollar Renovation of Hilton Cocoa Beach Oceanfront
Driftwood Hospitality Management | August 15, 2024
Cocoa Beach, Fla. (Aug. 15, 2024) – Driftwood Hospitality Management proudly announces the completion of an extensive multimillion-dollar renovation for the Hilton Cocoa Beach Oceanfront, a 295-key flagship property in the heart of Florida's Space Coast. The transformative project showcases DHM’s commitment to providing an unparalleled guest experience in one of the nation's most beloved beach destinations. The renovations, encompassing seven floors and more than 10,000 square feet of flexible meeting space, draw inspiration from Cocoa Beach's natural beauty and vibrant surf culture. Guests will be greeted by a refreshed lobby featurin...
Driftwood Hospitality Management Enters Kentucky Market With Management Assignment for New $75M Canopy by Hilton Downtown Louisville
Driftwood Hospitality Management | July 10, 2024
Louisville, Ky. (July 10, 2024) – Driftwood Hospitality Management (DHM), an international leader in hotel operations and management, announces it will assume management operations for the Canopy by Hilton Downtown Louisville (“Hotel”), a $75 million, 168-key hotel in the heart of the city’s historic district. With more than 80 properties in its portfolio, the Hotel is DHM’s first assignment in Kentucky and is scheduled for completion in Q4 2024. The expansion into Kentucky showcases DHM’s capabilities in hospitality management across numerous assets in domestic and international markets. Exceeding brand standards while working ...
Driftwood Capital Celebrates Grand Opening of Element Melbourne Oceanfront Hotel on Florida’s Space Coast
Driftwood Capital | June 14, 2024
The Miami-based company is capitalizing on one of the fastest-growing areas in Florida, opening the first waterfront hotel in Brevard County since 2020 Melbourne, Fla. (June 14, 2024) – Driftwood Capital, a vertically integrated commercial real estate firm providing accredited investors opportunities to invest in hospitality assets, announces the grand opening of the Element by Westin Melbourne Oceanfront (“Hotel”), a 130-key hotel in Melbourne, Florida. Part of a $1 billion pipeline of properties Driftwood Capital is developing throughout 2024, the Hotel is the firm’s fourth investment in Florida’s Space Coast, capitalizing on o...
Driftwood Capital Acquires 299-Key Hilton Dallas/Plano Granite Park Hotel
Driftwood Capital | June 26, 2023
DALLAS (June 26, 2023) – Driftwood Capital, a vertically integrated commercial real estate firm providing attractive returns in hospitality, announces the acquisition of the Hilton Dallas/Plano Granite Park. The 299-key hotel is centrally located within the 90-acre master-planned, mixed-use community of Granite Park in the north Dallas suburb of Plano. This marks the company’s third hotel acquisition in the Dallas-Fort Worth market; it also owns the 231-key Hilton Dallas/Rockwall Lakefront and the 248-key Hilton Dallas Southlake Town Square. Driftwood Capital plans to renovate the hotel’s guestrooms and meeting space, and Driftwood H...
Driftwood Capital Completes Staybridge Suites Hotel in Downtown Wilmington, Delaware
Driftwood Capital | August 1, 2022
Wilmington, Del. (August 1, 2022) – Driftwood Capital, a vertically integrated commercial real estate firm providing superior risk-adjusted returns in hospitality, is pleased to announce the completion of the new $31 million Staybridge Suites hotel in downtown Wilmington, Delaware. Located at 1220 N. Market Street in Downtown Wilmington, the 11-story property features 134 suite-style accommodations, a lounge, fitness center, sundries shop and a business center with meeting spaces designed for today’s business and leisure travelers. A former office building converted to a hotel, the property is located in a designated Opportunity Zone, an...
Driftwood Capital Acquires Washington D.C. Metro Area Hotel
Driftwood Capital | May 19, 2021
The 316-room Hyatt Regency Fairfax will be rebranded as a full-service Hilton hotel Washington, D.C. (May 19, 2021) – Driftwood Capital, a vertically integrated commercial real estate investment, development, and lending platform specializing in hospitality, announced today that it has acquired the Hyatt Regency Fairfax, a 316-key hotel located in the Washington D.C. submarket of Fairfax, Virginia. The property was acquired for an undisclosed price. It will be managed by Driftwood Capital’s sister company, Driftwood Hospitality Management (DHM), a national hotel operator with over 20 years of expertise, and will be rebranded as a Hilto...
Driftwood General Managers Offer Tips to Help Hotels Weather Hurricane Season
Driftwood Hospitality Management | July 23, 2018
As 2018 Atlantic Hurricane Forecast; Improves, Driftwood Hospitality Management Urges Hotels to Remain Vigilant and Prepared North Palm Beach, Fla. – July 23, 2018 – Driftwood Hospitality Management (DHM), a North Palm Beach-based hotel management company that operates 51 hotels throughout the United States and Costa Rica, recently surveyed its general managers to gather hurricane preparedness insights in anticipation of the climax of hurricane season. "Unforeseen weather patterns require hotels to remain vigilant when it comes to the safety of guests and associates," said Michael Diaz, chief operating officer for Driftwood...