Driftwood establishes venture partnerships with outside equity investors. Each investment partnership owns the hotel to be acquired. The investing equity sponsor will receive priority returns and shares of hotel profits from operations or sales. The company manages the ventures and hotels for a market rate fee and will share in the profits from operations and sales.

Since January 1994, key members of Driftwood Hospitality Management’s executive team have completed the acquisition and development of 100+ hotels. Driftwood has extensive operating experience with all major hotel franchises and their brands, including Marriott International, Inc., Starwood Hotels & Resorts Worldwide, Inc., Hilton Worldwide, InterContinental Hotels Group, Hyatt Hotels Corporation, Carlson Hotels, Wyndham Worldwide, Choice Hotels International and Best Western International, Inc., among others.

Due to our strong fee base and the strength of our balance sheet, we are able to provide extensive service and coverage to all assets in our portfolio and are well-positioned with an ambitious growth plan for the future. Our position in the industry is a significant benefit to new clients, because we can initiate a takeover of a new hotel in an expedient manner and provide corporate oversight from seasoned hotel executives, ensuring that guest satisfaction and financial returns at the new hotel are maximized immediately.

 

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