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Driftwood Debuts Hilton-Branded Hotel in Melbourne
Driftwood Capital has opened the Element by Westin Melbourne Oceanfront, a 130-key hotel in Melbourne, Florida.
Driftwood Hospitality Management (“DHM”) will assume management operations and responsibilities of the Hotel, serving 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.
The Hotel features a complimentary breakfast called “Rise,” a Motion Fitness Center, and complimentary bike rentals. Guests can also enjoy extensive food and beverage options at Ebb & Flow, the Space Coast’s first elevated social destination with ocean views.
The hotel is part of a $1 billion pipeline of properties Driftwood Capital is developing throughout 2024. It is the firm’s fourth investment in Florida’s Space Coast. In 2023, nearly 750,000 passengers flew through Melbourne Orlando International Airport (City of Melbourne), with 7.3 million cruise passengers expected to embark via Port Canaveral through 2024.
