North Palm
Beach, FL –
September 21, 2011 – Driftwood Hospitality Management, a
leader in providing solutions-based services for the domestic and
international
hotel industry, today announced four new additions to its rapidly
expanding
hotel management portfolio. On the heels of last month’s $400MM
joint
venture agreement with AGRE U.S. Real Estate Fund, L.P., a real estate
investment fund managed and advised by an affiliate of Apollo Global
Management, LLC, the company has acquired the 217-room DoubleTree by
Hilton
Wilmington, in Wilmington, DE (through selling broker Holliday Fenoglio
Fowler,
L.P.); assumed management responsibilities of the 125-room Comfort Inn
Hunt
Valley, in Hunt Valley, MD, and the 115-room Best Western Plus
Porterville Inn,
in Porterville, CA; and completed the renovation and rebranding of the
135-room
Staybridge Suites Orlando Airport, in Orlando, FL.
“This is an exciting
time for Driftwood, as we are in the midst of an aggressive growth
campaign
that positions us perfectly heading into 2012,” said David Buddemeyer,
President of Driftwood Hospitality Management. “We look forward to
building
long-lasting, profitable, positive relationships with these newest
members of
the Driftwood family.”
About the Hotels:
- DoubleTree by
Hilton Wilmington
Whether traveling to Delaware for
business or leisure, the 217-room DoubleTree by Hilton Hotel Wilmington
offers warm,
personalized service. Spacious guest rooms are decorated in a
contemporary
style. Guests can work with ease and efficiency from their room with
high-speed
Internet access, two dual-line telephones with data port, and private
voice
mail. Set in the heart of downtown Wilmington’s legal and financial
district,
the hotel is conveniently located minutes away from Interstate
95. It is
also conveniently located 20 miles from the Philadelphia International
Airport.
The
125-room Comfort Inn Hunt Valley is conveniently located near the
Maryland
Transit Administration (MTA) Light Rail system, making it easy to get
to
downtown Baltimore and its many attractions. Business travelers and
leisure
guests alike will continue enjoying a variety of perks, including free
wired
and wireless high-speed Internet access, weekday newspaper delivery,
complimentary local calls and more.
- Best Western
Plus Porterville Inn
The
115-room Best Western Plus Porterville Inn is located in the heart of
Porterville with easy access to many area attractions. The hotel
offers a
comfortable and pleasant experience, providing an unsurpassed degree of
service
and dedicated to ensuring the utmost level of comfort. Tastefully
decorates
guest rooms feature full granite showers and vanities, complimentary
wireless
high-speed Internet access, private voicemail, hair dryer, iron and
ironing
board and more.
- Staybridge
Suites Orlando Airport
This
135-room, four-story hotel is conveniently located within one mile of
the
airport and Lockheed Martin, and within close proximity to the Orlando
VA
Medical Center and Nemours Children’s Hospital. The property features
three
unique, spacious suite options (deluxe studio, one-bedroom and
two-bedroom/two-bath). All suites include in-room DVD/CD players;
functional,
well-lit work stations with ergonomic seating; speaker phones with
personal
voicemail and complimentary local phone calls; and fully equipped
kitchens.
Driftwood’s expanding
portfolio comes as the company has opened new corporate offices in
North Palm
Beach, Florida and unveiled a new brand platform, “The Driftwood
Difference.” “The Driftwood Difference” is a
five-point outline of the company’s core values, including:
- Integrity –
The only surprise about Driftwood is its innovation. What you see
really is what you get.
- Accessibility
– Driftwood thinks like an owner, which means cost-control, access to
senior management and swift conflict resolution.
- Flexibility –
Driftwood prides itself on a tailored management approach, style and
response to any given situation.
- Diversity –
There is no limit to what Driftwood is or can do, from the expertise of
its team to the variety of services offered.
- Originality –
Being hungry and entrepreneurial means that Driftwood brings big ideas
to the table. At the same time, the company finds a way to implement
those ideas efficiently and cost-effectively.
Additional
information is available on the company’s newly launched website, 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. Boasting extensive management experience and
relationships with
most major hotel franchising companies, Driftwood covers the full
spectrum of
lodging business needs, from full-service, upscale and upper-upscale
hotels, in
addition to mid-size extended-stay, select and limited-service
properties. Currently, Driftwood’s focus is on strategic
acquisition,
development, third-party management and receivership. Driftwood has
extensive
experience working with major brands, including InterContinental Hotels
Group,
Starwood Hotels & Resorts Worldwide, Inc., Hilton Worldwide,
Carlson,
Choice Hotels International, Inc. and Wyndham Worldwide. Driftwood has
additional offices in Costa Rica, Scottsdale, Ariz. and Miami, Florida.
In the
past three years alone, the company and its hotels have received more
than 20
industry awards.
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