Driftwood Capital celebrates the grand opening of the Element Melbourne Oceanfront Hotel

Driftwood Capital, a vertically integrated commercial real estate company that provides accredited investors with opportunities to invest in hospitality assets, announces the grand opening of the Element by Westin Melbourne Oceanfront (“Hotel”), a 130-key hotel in Melbourne, Florida. The hotel is part of a $1 billion pipeline of properties that Driftwood Capital is developing through 2024. It is the company’s fourth investment in Florida’s Space Coast, tapping into one of the state’s fastest growing areas.

Driftwood Hospitality Management (“DHM”) will assume management operations and responsibilities of the hotel, which will serve as the first Westin beachfront hotel in the brand’s global system. With the addition of Element by Westin Melbourne Oceanfront, DHM now oversees 90 properties within its portfolio.

Hotel website

ELEMENT Hotels (by Starwood) Small

Element Melbourne Ocean
2655 N highway A1A
Melbourne, FL 32903
United States

+1 321-775-0075