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Hotel ExecutiveDec 22, 2020

Driftwood Capital Acquires 248-Key Hilton Hotel in Dallas

Driftwood announced today that it has acquired the Hilton Dallas Southlake Town Square, a 248-key, five-story hotel located in the Dallas suburb of Southlake, approximately 10 minutes from the Dallas-Fort Worth International Airport.

Dallasnews.comDec 21, 2020

Florida investor takes Southlake hotel

Driftwood Capital bought the 248-room Hilton Southlake in the Southlake Town Square development.

Miami HeraldDec 17, 2020

Latin American hotel investors are betting on Miami. Thank Super Bowl LIV.

Miami hotels broke records for revenue per room and average daily rate during Super Bowl LIV.

Hotel News NowDec 7, 2020

Hilton, Marriott CEOs Say Investors Should Act Now

Choice Hotels International has seen solid performance across its portfolio throughout the pandemic and plans to drive performance past 2019 levels through its continued focus on its upscale, extended-stay and midscale brands.

CoStarDec 7, 2020

Hilton, Marriott CEOs Say Better Times Ahead for Hotel Investors

Now Is the Time to Build Out a Diverse Portfolio, Say Executives at Hilton, Marriott and Goldman Sachs.

New York PostDec 3, 2020

Palm Beach Hotels and Restaurants Heat Up for 2021

While many of its top hotels and restaurants shuttered earlier this year due to the pandemic, and most new openings were delayed, the famed Florida enclave is beginning to reawaken.

ForbesNov 24, 2020

Hotel Investors Can Capitalize On Today’s Deep Discount Opportunities

Florida TodayNov 10, 2020

$300M Cocoa Beach Westin resort toreplace International Palms, breaking ground in Q3 2021

Space Coast DailyNov 3, 2020

Construction Set to Begin in 2021 on Iconic Westin Cocoa Beach Resort, Will Create 800 Jobs

Driftwood Capital has officially submitted its plans to the city planning board for its redevelopment of the International Palms Resort and Conference Center into a new 502-key Westin Cocoa Beach Resort.

GlobeStOct 26, 2020

White Knights or Opportunists? Bridge, Preferred Equity Investors an Option for Struggling Real Estate

Bridge loans and preferred equity are options for hotel owners after loan forbearance runs out.

Business JournalOct 12, 2020

Driftwood Capital plans beachfront Element hotel in Melbourne

A South Florida developer plans to redevelop a Brevard County parking.

Business JournalOct 9, 2020

Driftwood Capital reveals Westin Hotel & Resort Cocoa Beach construction timeline

The Westin Cocoa Beach is expected to create up to 800 temporary construction jobs and 420 full- and part-time jobs.

Hotel News NowOct 6, 2020

Hoteliers remain optimistic despite pandemic fatigue

IHG Hotels & Resorts reported in July that 50% of its hotels achieved revenue per available room above 2019 levels and its Holiday Inn Express brand reached 3,000 open hotels.

Hotel News NowSep 22, 2020

Driftwood Capital gears up for ‘tsunami of deals’

Driftwood Capital launches new lending fund as virus disrupts industry.

Hotels MagazineSep 4, 2020

Driftwood targets US$100M with new lending fund

Driftwood targets US$100M with new lending fund: Miami-based Driftwood Capital, a privately held real estate firm specializing in hospitality investments, has launched fundraising for its new Mezzanine Lending Fund.

Hotel BusinessSep 3, 2020

Driftwood Capital Targets $100M with New Mezz Lending Fund

Driftwood Capital, a privately held real estate firm specializing in hospitality investments, has launched fundraising for its new Mezzanine Lending Fund.

Commercial Property ExecutiveJul 1, 2020

Can Mezzanine Loans Spur Hospitality’s Rebound?

Hospitality has taken a heavy hit due to pandemic-induced restrictions and is now facing a long road to recovery.

The Real DealJun 12, 2020

Submerged in securities: Many CMBS hospitality loans may be underwater soon

U.S. hotel and retail owners are getting buried in CMBS debt as losses mount and loan servicers loom.

BisNowMay 18, 2020

Trust CEO: Hotel Operators Not 'Receiving Any Income For The Remainder Of Year Of Any Kind'

Trust Hospitality CEO Richard Millard said the coronavirus has eliminated his company's revenue. Trust operates 31 boutique hotels, and as an operator, he said 2021 might be the next time his company takes in revenue.

Entorno InteligenteMay 12, 2020

Driftwood obtiene nuevo capital que le permitirá invertir en próximos cinco años

Desde su lanzamiento en 2015, Driftwood Acquisitions & Development ha colocado más de US$400 millones en capital de LP tanto en adquisiciones como en desarrollo de hoteles en los Estados Unidos, representando una cartera de más de US $1.000 millones.

GlobeStApr 30, 2020

Trade Group: Hotel Layoffs Likely if PPP Loan Limits Aren't Increased

Lawmakers need to amend the CARES Act to cover more costs or risk hotel staff layoffs and closures, according to the American Hotel & Lodging Association.

GlobeStApr 29, 2020

A View from the Front Lines: What’s Happening With Hotels Now

There’s going to be a pruning of the development pipeline, and a lot of owners either seeking to exit their positions or in need of rescue capital to preserve the positions, Driftwood’s Carlos Rodriquez Sr. says.

ForbesApr 28, 2020

When Will The Hotel Market Rebound? Capital Strategies For Today's Distressed Assets

CEO of Driftwood Acquisitions and Development, focused on the investment, development and syndication of institutional-quality hotel assets.

GlobeStMar 27, 2020

Driftwood Rebrands to Focus Beyond Hotels

Driftwood Capital has rebranded itself to emphasize its expansion beyond the hospitality industry. The former Driftwood Acquisitions & Development is preparing for the future, says its CEO Carlos Rodriguez Sr.