Driftwood Hospitality Management acquires two Houston hotels

Driftwood Hospitality Management, a North Palm Beach, Fla.-based hotel management company, purchased the 480-room Hilton Houston North and 390-room Marriott Houston North. All rooms and public space will be renovated at the Hilton the atrium lobby, and the food-and-beverage and arrival areas will be reimagined. The Marriott Houston North will go through a complete renovation as well. Both properties will be taking on these renovations under the management of DHM.

“Driftwood Hospitality Management has grown tremendously in the past couple years, and we are eager to expand our footprint across the state of Texas,” David Buddemeyer, president of Driftwood Hospitality Management, said in a statement. “Houston is a primary market that’s constantly evolving, and we’re excited to see what this fast-paced culture will add to our portfolio.”

The 480-room, upscale full-service Hilton Houston North complex is comprised of two major components. A 40,000-square-foot atrium holds the hotel’s lobby, a Starbucks, Vino bar, The Café restaurant, a business center and a gift shop—all connected to 52,000 square-feet of meeting space. A 15-story, 183-foot tall hotel tower includes all guestrooms, an outdoor pool, 23 function rooms, a fitness center, full-service concierge and local transportation desk.

The property is located within CityNorth, the business and retail campus in North Houston. Purchased by Lincoln Property Company, CityNorth comprises six buildings with more than 2 million square feet of office and retail space combined. Plans are in place to spend $100 million on renovations and upgrades.

The second hotel acquired by DHM is the Marriott Houston North, a 390-room hotel offering 20 function rooms totaling 15,990 square feet. The largest space, the Texas Ballroom, consists of 6,318 square feet of function space and can seat up to 700 guests. The hotel includes a 12-story tower adjacent to an eight-story tower with a detached two-story parking garage. The hotel lobby offers a Starbucks, a breakfast buffet, a refreshment bar, Drink Eat Network restaurant, a fitness center, convenience stores, a concierge lounge, a laundry room, a business center and an indoor/outdoor pool.