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Development Opening

Element Melbourne Oceanfront

Driftwood Capital Celebrates Grand Opening Of Element Melbourne Oceanfront Hotel

Driftwood Capital, a vertically integrated commercial real estate firm providing accredited investors opportunities to invest in hospitality assets, announces the grand opening of the Element by Westin Melbourne Oceanfront ("Hotel"), a 130-key hotel in Melbourne, Florida. Part of a $1 billion pipeline of properties Driftwood Capital is developing throughout 2024, the Hotel is the firm's fourth investment in Florida's Space Coast, capitalizing on one of the state's fastest-growing areas.

Driftwood Capital and Driftwood Hospitality Management (DHM)
Melbourne, Florida, United States

Driftwood Hospitality Management ("DHM") will assume management operations and responsibilities of the Hotel, which will serve as the first Westin beachfront property in the brand's global system. With the addition of the Element by Westin Melbourne Oceanfront, DHM now oversees 90 properties within its portfolio.

Hotel Website
USA & Canada United States Florida Melbourne
Element® By Westin
Hotel Brand

With more than 65 hotels across North America, Europe, Middle East & Africa, and Asia Pacific, Element Hotels is designed for today’s healthy, active traveler who wants to maintain the balance of daily routines while on the road. Offering many of the comforts of home, Element caters to those looking to stay both short and long-term. All hotels have an outdoor-inspired, sustainability- focused design philosophy and feature spacious and airy...

Driftwood Capital
Investment Company

Driftwood Capital (formerly known as Driftwood Acquisitions & Development) is a Coral Gables, Florida-based company with a first-of-its-kind business model allowing accredited investors to co-invest in institutional quality hotel assets at an attractive basis (minimum $50,000 investment). Driftwood Capital’s affiliate management company (DHM), a long-standing industry leader, is brought in to operate the hotels.

Driftwood Hospitality Management (DHM)
Hotel GroupManagement Company

Driftwood Hospitality Management is an award-winning, third-party hotel management company with a portfolio that includes more than 80 hotels totaling 15,000 rooms throughout North America, Latin America and the Caribbean. Ranked among the Top 20 Hotel Management Companies in the U.S., DHM helps hotel and resort owners achieve success in daily operations, acquisitions and new development, renovations/repositioning, and receiverships.