Driftwood Hospitality Management

Driftwood Hospitality Management is a prominent hospitality management company founded in 1999 by David Buddemeyer. Headquartered in North Palm Beach, Florida, this company has grown to manage over 80 hotels across various locations, including Miami, Florida, and international sites such as San Jose, Costa Rica. With approximately 5,000 employees, Driftwood Hospitality Management generates an annual revenue of $119.9 million, demonstrating its strong position in the hospitality industry.

Known for its personalized and solutions-based approach, Driftwood Hospitality Management combines extensive resources and experience to tailor services for each property and market. Their mission is to foster growth by building strong connections with hotel owners and implementing innovative strategies that exceed market expectations, making them a trusted partner in hospitality management.

Company Overview and History

Founded: 1999
Founder: David Buddemeyer
Headquarters: North Palm Beach, Florida, United States
Industry: Hospitality Management
Number of Employees: Approximately 5,000
Annual Revenue: $119.9 million

Driftwood Hospitality Management Mission Statement

"To foster growth by building strong connections with hotel owners and their properties, implementing innovative strategies to exceed market expectations."

What Makes Driftwood Hospitality Management Different

Driftwood Hospitality Management stands out in the competitive hotel management landscape through its personalized services and innovative strategies tailored to each property and market they serve.

Solutions-Based Custom Services

The company leverages extensive resources and deep industry experience to provide solutions-based services including third-party management, acquisitions, development, and revenue management, positioning clients for sustainable growth.

Personalized Client Approach

Unlike many competitors, Driftwood offers tailored service that prioritizes building strong relationships with hotel owners and delivering strategies that exceed market expectations, ensuring each property reaches its full potential.

Driftwood Hospitality Management Services and Notable Properties

Driftwood Hospitality Management offers a comprehensive range of services designed to cover multiple facets of hotel operations and growth.

Core Services Offered

• Third-Party Management
• Receivership and REO
• Acquisitions & Development
• Lifestyle Division
• Food & Beverage
• Creative Services
• Revenue Management
• E-commerce

Notable Properties Under Management

• Canopy West Palm Beach
• Hilton Houston North
• Hilton Rockwall
• Margaritaville Lake Resort, Osage Beach

Driftwood Hospitality Management Business Model and Operations

Driftwood Hospitality Management operates by providing comprehensive hotel management solutions including operations, development, repositioning, renovations, and acquisitions. They collaborate closely with various hotel brands and property owners to optimize each property's market performance and guest experience.

Full-Service Hotel Management

The company’s business model centers on delivering end-to-end management services supported by a deep understanding of the hospitality industry's nuances, allowing for successful property transformations and sustained profitability.

Employment and Career Opportunities at Driftwood Hospitality Management

Driftwood offers diverse career opportunities across the hospitality spectrum, appealing to professionals interested in hotel operations, sales and marketing, food and beverage management, and corporate support roles.

Available Positions

• Hotel Operations Staff
• Sales and Marketing Professionals
• Food and Beverage Personnel
• Corporate Support Services

Benefits and Career Development

Employees at Driftwood Hospitality Management benefit from a dynamic and innovative work environment with opportunities for advancement in a rapidly growing company dedicated to integrity and collaboration.

Financial Performance and Market Position

Driftwood Hospitality Management is ranked among the top 20 hotel management companies in the United States, managing a robust portfolio of over 80 hotels that total more than 15,000 rooms.

Industry Ranking and Revenue

The company’s annual revenue of $119.9 million underscores its strong market presence and effectiveness in managing properties efficiently while delivering exceptional results to clients.

Corporate Social Responsibility

Driftwood Hospitality Management is committed to fostering a culture of integrity and innovation. The company emphasizes building enduring relationships with clients, employees, and guests, which contributes to its corporate social responsibility goals.

Commitment to Integrity and Innovation

Through these values, Driftwood encourages ethical business practices and continuous improvement, reflecting its dedication to community and stakeholder satisfaction.

Driftwood Hospitality Management Locations and Contact Information

Driftwood Hospitality Management maintains strategic locations to serve its diverse portfolio of properties and clients. The headquarters is located in North Palm Beach, Florida, with additional offices supporting operations in Miami, Florida, San Jose, Costa Rica, and Scottsdale, Arizona.

Corporate Contact Details

Address: 11770 US Highway 1, North Palm Beach, FL 33408
Phone: (561) 207-2700
Email: [email protected]
Website: driftwoodhospitality.com

Competitive Analysis

Driftwood Hospitality Management competes effectively with other hotel management companies by emphasizing personalized client service, extensive corporate support, and a proven history of delivering exceptional operational and financial results for its managed properties.

Future Outlook for Driftwood Hospitality Management

The company continues to focus on strategic growth through acquisitions and development, aiming to enhance property performance and guest experiences by deploying innovative, data-driven strategies.

Growth and Innovation Strategy

Driftwood is dedicated to expanding its portfolio while leveraging cutting-edge technology and analytics to optimize revenue, e-commerce, and operational efficiency, ensuring sustainable success in a competitive hospitality market.