driftwood
Driftwood Capital Begins Conversion of Downtown Wilmington Office Tower Into a 134-Key Staybridge Suites Hotel
Driftwood Capital | May 26, 2021
Wilmington, Del. (May 26, 2021) – Driftwood Capital, a vertically integrated commercial real estate investment, development and lending platform specializing in hospitality, announces that it has begun construction on the $31 million conversion of an 11-story office building into a brand new Staybridge Suites hotel in downtown Wilmington, Delaware. The property, which will consist of 134 suite-style rooms with a contemporary look and feel, is expected to open to the public in the second quarter of 2022. The project team includes Whiting-Turner Contractor Co. and Dever Architects. Driftwood Hospitality Management (DHM), a national hotel o...
Driftwood Hospitality Management Promotes Carol Davies to Vice President of Sales
Driftwood Hospitality Management | January 2, 2020
North Palm Beach, Fla. – January 2, 2020 – Driftwood Hospitality Management (DHM), a North Palm Beach-based hotel management company that operates 70 hotels throughout the United States and Costa Rica, today announced the promotion of hospitality industry veteran Carol Davies from Regional Director of Sales and Marketing to Vice President of Sales. In her new role, Davies will be responsible for the sales, marketing, e-commerce, and revenue management endeavors for the company’s entire portfolio. “Carol brings extensive hospitality experience to this role and has been instrumental in the sales and marketing efforts at a number of Dri...
Driftwood Hospitality Management Appoints Executive Team to Launch Canopy West Palm Beach Downtown
Canopy by Hilton | September 24, 2019
WEST PALM BEACH, Fla. (September 24, 2019) – Driftwood Hospitality Management has appointed three industry-leading executives to launch Canopy by Hilton West Palm Beach Downtown, the brands’ first Canopy in Florida. The Canopy will feature a full complement of locally-inspired design features, amenities and menu selections from hyper-local, favorite food and beverage sources when the hotel opens in January 2020. It will offer 150 “Just-Right” rooms including spacious suites with large balconies, a magnificent rooftop bar, lounge and pool with sweeping views of Downtown West Palm Beach; 6,000 sq. feet of indoor/outdoor meeting spaces ...
Driftwood Hospitality Management Shares New Insights Into Industry Trends From Property Manager Poll
Driftwood Hospitality Management | July 29, 2019
North Palm Beach, Fla. – July 29, 2019 – Driftwood Hospitality Management (DHM), a North Palm Beach-based hotel management company that operates 70 hotels throughout the United States and Costa Rica, recently surveyed its general managers, seeking to understand this year’s growing hospitality trends and the evolving needs of travelers. “We are constantly looking for ways to improve the guest experience, which is why we prioritize keeping a pulse on emerging industry trends,” said Michael Diaz, chief operating officer for Driftwood Hospitality Management. “Today, our property teams are noticing more and more conversations and in...
Driftwood Acquisitions & Development Acquires Florida’s 290-Room Crowne Plaza Melbourne Oceanfront
Driftwood Acquisitions & Development | October 18, 2018
Melbourne, Fla. (October 18, 2018) – Driftwood Acquisitions and Development (DAD) – a privately held investment firm specializing in the acquisition and development of quality hotel assets – today announced its purchase of the 290-room Crowne Plaza Melbourne Oceanfront in Melbourne, Florida. The hotel recently completed a full renovation that addressed areas impacted by Hurricane Irma. The hotel will be managed by Driftwood Hospitality Management (DHM). "This is the 15th acquisition made by Driftwood Acquisitions & Development, and we are excited about the potential this property has, with an idyllic location and a...
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...
Driftwood Acquisitions & Development to Build New 200-Room Canopy by Hilton in Tempe, Arizona
Driftwood Acquisitions & Development | January 30, 2018
MIAMI, Fla. and MCLEAN, Va. – January 30, 2018 – Driftwood Acquisitions & Development(DAD), a company with decades of hospitality experience and a strategic focus on hotel and resort acquisitions, today announced plans to build a new Canopy by Hilton (NYSE: HLT) in Tempe, Arizona. The $60M+, 200-room Canopy by Hilton Tempe Downtown, University Area is in the heart of Tempe on University Drive, across the street from Arizona State University (ASU), one of the largest public university campuses by enrollment in the United States. DAD is purchasing the land parcel from The OPUS Group to anchor a corner of OPUS' highly antic...
Four Points by Sheraton Boston Logan Airport Completes Renovation Led by General Manager Michael Buddemeyer
Driftwood Hospitality Management | August 4, 2017
Boston, Mass. – August 4, 2017 – Four Points by Sheraton Boston Logan Airport today announced the completion of renovations to its 180 guestrooms, lobby and all function spaces. Ideally situated near Boston's Logan Airport and just five miles from TD Banknorth Garden and Fenway Park, the hotel now offers fully updated guestrooms and bathrooms, an expanded lobby with a large concierge space and redesigned function spaces. "It's a very exciting time for this hotel, and for our entire team, and we are eager to share our new look with travelers," said Michael Buddemeyer, general manager, Four Points by Sheraton Boston Logan Airp...
