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Driftwood Capital Closes $1.2 Billion Hospitality Portfolio Consolidation Across 18 Assets
MIAMI, Florida—Driftwood Capital announced the successful closing of a $1.2 billion portfolio consolidation involving 18 Hilton, Marriott, and Margaritaville-branded hotels across 10 states. The 4,203-key portfolio represents some of the most strategically located assets in Driftwood’s national platform, all of which are operated directly by the firm. This transaction marks a major milestone in Driftwood’s strategy to create scalable hospitality portfolios, designed to maximize value through operational control, brand alignment, and portfolio-level synergies. Each asset […] The post Driftwood Capital Closes $1.2 Billion Hospitality Portfolio Consolidation Across 18 Assets appeared first on LODGING Magazine.
MIAMI, Florida—Driftwood Capital announced the successful closing of a $1.2 billion portfolio consolidation involving 18 Hilton, Marriott, and Margaritaville-branded hotels across 10 states. The 4,203-key portfolio represents some of the most strategically located assets in Driftwood’s national platform, all of which are operated directly by the firm. This transaction marks a major milestone in Driftwood’s strategy to create scalable hospitality portfolios, designed to maximize value through operational control, brand alignment, and portfolio-level synergies. Each asset […]
The post Driftwood Capital Closes $1.2 Billion Hospitality Portfolio Consolidation Across 18 Assets appeared first on LODGING Magazine.
