Driftwood Completes $9.5M Renovation
Monday January 14th, 2013 - 3:33PM G
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NORTH PALM BEACH, FL—Driftwood Hospitality Management, based here, has completed the $9.5-million renovation of the Sheraton Columbus Hotel at Capitol Square in Columbus, OH, the company’s largest renovation to date.
“The Columbus market is ripe with potential and we believe this is a terrific market to invest in, as the economy begins to make a comeback,” said David Buddemeyer, president of Driftwood, in a statement. “We are excited to complete an extensive renovation at this property and look forward to the response by the local community and guests.”
The renovation of the 403-room hotel included upgrades to all interior spaces as well as a new flag under the Starwood brand.
Tags: • Hospitality • Construction/Renovation •
When you hear all the lodging industry projections for the months and years to come, much of the robust growth is forecast to be the result of the expected influx of travelers from China. In what could only be seen as good news for the industry, that expectation moved a little closer to reality when President Obama signed a visa waiver extension for Chinese travelers earlier this month.