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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...
Driftwood Hospitality Management Shares Insight Into Hotel, Resort Trends After Polling Property Managers
Driftwood Hospitality Management | April 16, 2018
North Palm Beach, Fla. – April 16, 2018 – There is a shift happening in the hospitality industry, as a digital transformation and a desire for personalized experiences set the stage for a new era of travel. Driftwood Hospitality Management (DHM), a North Palm Beach-based hotel management company that operates 48 hotels throughout the United States and Costa Rica, surveyed its general managers recently, seeking to understand the trends they're seeing for the year ahead, and gathered insights into the evolving needs of travelers. "The hospitality industry strives to keep pace with trends, to bring travelers what they crave &nd...
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