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Chicago & Midwest  + Midwest  + Hospitality  | 

Driftwood Hospitality Tapped to Manage $75M Hilton Hotel in Louisville

Driftwood Hospitality Management (DHM) will assume management operations for the Canopy by Hilton Downtown Louisville, a $75 million, 168-key hotel in the heart of the city’s historic district. With more than 80 properties in its portfolio, the hotel is DHM’s first assignment in Kentucky and is scheduled for completion in Q4 2024.

The property will be developed by renowned New York-based Zyyo, which acquired the site in 2020, and Minnesota-based TruVine Companies. Zyyo also serves as the project’s architect and construction manager, with Louisville-based Bellé Noble Entertainment Group designated as the hotel’s food & beverage operator.

The hotel is centrally located on 143 West Market Street near Whiskey Row, the Kentucky International Convention Center, and the KFC Yum Center Arena. “Expanding into a new market offers an opportunity for our team to serve discerning guests with a tailored approach that exceeds expectations,” said David Buddemeyer, Founder and President of Driftwood Hospitality Management.

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About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.