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Driftwood Hospitality Returns to New York Adding the
312-room Holiday Inn Albany Airport - Wolf Road to Portfolio

North Palm Beach, FL – February 16, 2012 – Driftwood Hospitality Management today announced their latest property addition – the Holiday Inn Albany Airport - Wolf Road. The 312-room hotel, ideally located in the heart of Tech Valley, is the ninth addition to Driftwood’s portfolio since November 2011 and expected to quickly emerge as a hotbed of business travel activity.
 
“This type of property is exactly what Driftwood is looking for, not only because of its specific amenities and offerings, but also its prime location,” said Brian Quinn, Executive Vice President of Driftwood Hospitality Management. “The asset is perfectly positioned and with the right guidance, and the Driftwood touch, we believe it can become a business travel hotspot.”
 
The Holiday Inn Albany Airport – Wolf Road is centrally located just one mile from the Albany International Airport and six miles from the sprawling downtown Albany, which features the recently renovated Colonie Center Mall, Times Union Center Stadium and the historic and lively Central Avenue – a three mile strip of dining, nightlife and boutique shops.
 
Recently recognized as one of the “Top 20 Best Cities for Job Growth” among medium-sized cities, by NewGeography.com, the Albany area is perfectly aligned for future business development. Home to world-class educational, tech and research facilities, as well as a vibrant arts and entertainment scene, Albany is the ideal year-round destination of choice for numerous industries.
 
Located in the Capital District and the heart of Tech Valley, business travelers are prone to visit the all-American town. The Holiday Inn Albany Airport – Wolf Road takes this audience into account with a 24-hour business center and 13 meeting rooms, catering services and free Internet. These simple, practical conveniences make The Holiday Inn in Albany the perfect property to visit, whether in town for meetings at General Electric, the area’s hospitals or acclaimed universities.
 
“Throughout our entire staff, the level of energy on the ground here in Albany is high,” said General Manager Cynthia Stanley, who has been with the property for more than two years. “I’m delighted with what we’ve seen from Driftwood thus far. Knowing the tools Driftwood brings to the table, I have no doubt our hotel will continue its growth amongst business, leisure and group travelers.”
 
For more information about Driftwood, visit www.TheDriftwoodDifference.com.

About Driftwood Hospitality Management
Based in North Palm Beach, Fla., Driftwood Hospitality Management, LLC is a leader in providing solutions-based services for the domestic and international hotel industry. Guided by The Driftwood Difference – Flexibility, Diversity, Integrity, Accessibility, Originality, the company covers the full spectrum of lodging business needs.  From full-service, upscale and upper-upscale hotels to mid-size extended-stay, select and limited-service properties, Driftwood’s portfolio represents virtually every segment of the hospitality industry.  Focused on strategic acquisition, development, third-party management and receivership, Driftwood has extensive management experience and relationships with most major brands, including Starwood Hotels & Resorts Worldwide, Hilton Worldwide, InterContinental Hotels Group, Inc., Carlson, Choice Hotels International, Inc. and Wyndham Worldwide. With additional offices in Costa Rica, Scottsdale, Ariz. and Miami, Fla., the company and its hotels have received more than 20 industry awards in the past three years. For more information, visit www.DriftwoodHospitality.com.
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Contact:

Samantha Jacobs
Claibourne Smith
M. Silver Associates
954-765-3636
Samantha@msilver-pr.com
Claibourne@msilver-pr.com


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Also See: Driftwood Hospitality Signs Two New Management Agreements and Launches Renovation Projects at Five Properties; To Manage the Holiday Inn Express Tampa-Brandon in Florida and the Courtyard by Marriott Dallas NW Hwy. at Stemmons/I-35E in Texas / January 2012

Driftwood Hospitality to Manage the Holiday Inn Express Tampa-Brandon in Florida and the Courtyard by Marriott Dallas NW Hwy at Stemmons/I-35E in Texas / December 2011

Driftwood Hospitality Management to Manage the Clarion Airport near Asheville, North Carolina / October 2011

Driftwood Hospitality Management Acquires 217-room Doubletree by Hilton Downtown Wilmington Legal District in Delaware; Continues Expansion with Fifth Addition to its Portfolio in Last 60 Days / October 2011

Driftwood Hospitality Management Continues Growth with the Addition of Four New Properties / September 2011

Driftwood Hospitality Unfurled Sheraton Flag at Former Hyatt on Capitol Square in Columbus, Ohio; Property to Undergo a $10 million Renovation / September 2011

Driftwood Hospitality Management Forms $400MM Joint Venture with Apollo Global Real Estate; Partnership Focused on Acquiring and Repositioning Hotels Across U.S. / July 2011

Driftwood Hospitality Management Appoints Brian Quinn as Executive Vice President & Principal, Development / June 2011

Driftwood Hospitality Management.Added Fourteen Management Contracts in 2010 / December 2010


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