Driftwood Capital, notorious innovative investment and commercial real estate company vertically integrated with its headquarter in Coral Gable, Florida, US, which offers accredited investors various opportunities to invest in hospitality-related businesses, announces the opening of the Element by Westin Oceanfront in Melbourne, a Florida city southeast of Orlando.
The 130-room hotel is part of a billion-dollar owned and operated pipeline of ownership and management that Driftwood Capital is developing for the entirety of 2024.
Element by Westin Oceanfront is the 90th supervised property in Driftwood Capital's portfolio and the group's fourth investment in Florida's Space Coast, capitalizing on one of the state's fastest-growing areas.
Driftwood Hopsitality Management will assume all management, operations and responsibilities of the Hotel which will serve as the first Westin beach property in an area not far from Sea Turtle Preservation Society Melbourne Beach, 6.1 kilometres from Brevard Museum of Art and Science and 11.0 kilometres from Melbourne International Airport.
Link : https://www.hospitalitynet.org/announcement/41011199.html
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