Driftwood Acquisitions and Development
Driftwood Hospitality is a vertically integrated hotel conglomerate comprised of Driftwood Hospitality Management (DHM), a leading hotel management company, and Driftwood Acquisitions and Development (DAD), a privately held investment fund designed to acquire and develop hotel assets throughout the United States with a growing network of Accredited Investors. DHM currently operates approximately 40 hotels with more than 8,000 rooms throughout the United States with a portfolio that includes a broad cross-section of branded hotels ranging from large full-service to mid-size, extended stay and limited-service properties, as well as independent hotels, boutiques and resorts. DHM uses its extensive management experience and relationships with most major brands, including Hilton Worldwide, Marriott International, Starwood Hotels & Resorts Worldwide, InterContinental Hotels Group, Inc., Choice Hotels International, Inc. and Wyndham Worldwide, to assist owners with all aspects of property management. Members of the company’s senior management team have an average of 20 years of experience in all segments of the lodging industry.
While DHM continues to grow its portfolio of hotels under management with institutional fund investments and third party management services, DAD was specifically formed to attract high net worth individuals and small investment groups looking for stabilized, cash-flowing hotels with upside that yields over 10% annual dividends and a 15% annualized return to investors. With seven hotels purchased in the last year and the capacity to scale to over $1BB of hotel assets in a short period, DAD is poised for exponential growth with investors that seek quality deals with solid fundamentals and a small-ticket entry point of $100k per hotel. DAD is also active with EB-5 investments to help finance a long pipeline of premiere hotel development sites.
Learn more about our expanding Development program by contacting Driftwood today.