Our Story

After years of sourcing, investing, and managing hotels for large investment funds, we have crafted the perfect vehicle for accredited investors to join us directly. And we’ve found a little hospitality can go a long way.

$1 BILLION in assets

45 HOTELS
operated in theUSA

4,500 employeesto provide the best service in hospitality management

20 YEARS
of experience

Our Model

We purchase hotels with our own capital. Only then are you invited to co-invest in secure cash flowing hotel assets at our cost basis.

STEP 1
We purchase cash flowing hotels with our own capital.

STEP 3
We offer you the opportunity to co-invest at our same price a minimum of US$100,000.

STEP 2
We bring in our management team to take over hotel operations.

STEP 4
Then you start receiving an average of 10% cash on cash annual dividends paid quarterly.

We purchase hotels with our own capital. Only then are you invited to co-invest in secure cash flowing hotel assets at our cost basis.

STEP 1
We purchase cash flowing hotels with our own capital.

STEP 2
We bring in our management team to take over hotel operations.

STEP 3
We offer you the opportunity to co-invest at our same price a minimum of US$100,000.

STEP 4
Then you start receiving an average of 10% cash on cash annual dividends paid quarterly.

Our Hotels

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Our Promise

We will strive to provide the safest cash flow investments in the Hospitality Industry. We take speculation out of the equation and optimize returns through effective asset and operational management.

  • Minimum 8% dividends since day 1
  • Paid quarterly
  • Expected IRR's of over 15%
  • Minimum investment US$100,000
  • Curated institutional grade deals
  • Best brands in the world
  • Strong operating history
  • In-place cash flow
  • Top hotel management
  • Asset management service for investors
  • Direct investor relations interface
  • Online tracking, document management, and distributions
  • Unchanging investment parameters
  • You pick the hotel of your preference
  • Customize your own hotel portfolio
  • We provide over 5 opportunities each year

Hilton Tampa

Purchase Date: December 2012

Sale Date: May 2016

Purchase Price: US$63 million

Sale Proceeds: US$101.5 million

Total All In Cost: US$81.9 million

Sale Cap Rate: 8.55%

Investor Contribution: US$21.6 million

Investor IRR: 29.0%

Loan Amount: US$60.3 million

Equity Multiple: 2.23x

Doubletree Columbus

Purchase Date: November 2012

Sale Date: August 2016

Purchase Price: US$8 million

Sale Proceeds: US$19 million

Total All In Cost: US$15.7 million

Sale Cap Rate: 8.6%

Investor Contribution: US$6.2 million

Investor IRR: 39.2%

Loan Amount: US$9.5 million

Equity Multiple: 3.38x

Sheraton Houston

Purchase Date: September 2012

Sale Date: February 2016

Purchase Price: US$35 million

Sale Proceeds: US$70 million

Total All In Cost: US$47.9 million

Sale Cap Rate: 8.96%

Investor Contribution: US$19.9 million

Investor IRR: 30.1%

Loan Amount: US$28 million

Equity Multiple: 2.17x

Doubletree Raleigh Durham

Purchase Date: May 2012

Sale Date: May 2015

Purchase Price: US$16.5 million

Sale Proceeds: US$33 million

Total All In Cost: US$26.7 million

Sale Cap Rate: 7.8%

Investor Contribution: US$15.1 million

Investor IRR: 22.05%

Loan Amount: US$11.6 million

Equity Multiple: 1.73x

Doubletree Wilmington

Purchase Date: September 2011

Sale Date: March 2014

Purchase Price: US$12 million

Sale Proceeds: US$23.525 million

Total All In Cost: US$18.2 million

Sale Cap Rate: 7.65%

Investor Contribution: US$6.1 million

Investor IRR: 36.4%

Loan Amount: US$12.08 million

Equity Multiple: 4.07x

Crowne Plaza Denver

Purchase Date: June 2006

Loan Amount: US$32.75 million

Purchase Price: US$34.5 million

Sale Date: May 2015

Number of Rooms: 364

Sale Proceeds: US$77.25 million

Total All In Cost: US$44.44 million

Sale Cap Rate: 9.6%

Investor Contribution: US$11.69 million

Investor IRR: 17.7%

Hyatt Summerfield Suites Portfolio

Purchase Date: March 2006

Loan Amount: US$67.1 million

Total All In Cost: US$81.3 million

Sale Date: July 2008

Cost/key: US$95,843

Sale Proceeds: US$109 million

Number of Rooms: 848

Sale Cap Rate: 4.6%

Investor Contribution: US$14.2 million

Investor IRR: 58.3%

Doubletree Hotel Houston Airport

Purchase Date: November 2005

Loan Amount: US$20.1 million

Purchase Price: US$22 million

Sale Date: July 2008

Number of Rooms: 313

Sale Proceeds: US$42 million

Total All In Cost: US$29.2 million

Sale Cap Rate: 9.4%

Investor Contribution: US$9.1 million

Investor IRR: 52.0%

Courtyard Richmond Airport

Purchase Date: May 2005

Loan Amount: US$7.16 million

Purchase Price: US$12.2 million

Sale Date: December 2007

Number of Rooms: 142

Sale Proceeds: US$19.1 million

Total All In Cost: US$12.94 million

Sale Cap Rate: 8.3%

Investor Contribution: US$5.78 million

Investor IRR: 26.6%

Sheraton Tampa Riverwalk

Purchase Date: December 2004

Loan Amount: US$20.7 million

Purchase Price: US$20.5 million

Sale Date: September 2007

Number of Rooms: 277

Sale Proceeds: US$45.6 million

Total All In Cost: US$30.7 million

Sale Cap Rate: 7.0%

Investor Contribution: US$10 million

Investor IRR: 41.6%

Hampton Inn & Suites Miami Doral

Purchase Date: March 2000

Loan Amount: US$6.25 million

Development Cost: US$9.2 million

Sale Date: May 2006

Number of Rooms: 121

Sale Proceeds: US$14.5 million

Cost/Key: US$76,000

Sale Cap Rate: 9.1%

Investor Contribution: US$2.95 million

Investor IRR: 22.8%

Double Tree Raleigh-Durham Airport

Total acquisition cost:
US$26,700,000

Purchase date:
May 2012

Selling price:
US$33,000,000

Selling date:
May 2015

Net IRR for investors:
22.1%

Hampton Inn and Suites Doral

Development cost:
US$9,200,000

Purchase date:
March 2000

Selling price:
US$14,500,000

Selling date:
May 2006

Net IRR for investors:
22.8%

Courtyard Richmond Airport

Total acquisition cost:
US$12,940,000

Purchase date:
May 2005

Selling price:
US$19,100,000

Selling date:
December 2007

Net IRR for investors:
26.6%

Sheraton Tampa Riverwalk

Total acquisition cost:
US$30,700,000

Purchase date:
December 2004

Selling price:
US$45.600.000

Selling date:
September 2007

Net IRR for investors:
41.6%

© 2016 Driftwood Acquisitions and Development, LP