The Canopy West Palm Beach Downtown received the “New Build of the Year” award
Driftwood Capital today announced it has been recognized with a 2019 Hilton Legacy Award for one of its newest hotels. The Canopy West Palm Beach Downtown was awarded the “New Build of the Year” recognition. The annual awards program celebrates owners and development partners in the Americas for contributions toward brand excellence and development efforts. Hilton recognized nearly 60 high performing owners and developers across 15 different categories.
The Canopy West Palm Beach Downtown is the first Canopy by Hilton hotel to open in Florida.
“We’re deeply honored by this recognition, and it is particularly sweet given that the grand-opening for the Canopy West Palm Beach Downtown in May 2020 was overshadowed by statewide mandatory business closures during the first wave of the pandemic,” said Carlos Rodriguez Jr., COO of Driftwood Capital. “Today, however, the hotel is thriving, and its outlets, Treehouse rooftop lounge and Banter restaurant, are providing a year-round destination for local residents, as well as visitors.”
“We owe this award to the many local partners and consultants we relied on to bring our vision alive, and of course our wonderful on-site management team,” said Carlos J. Rodriguez Sr., Chairman and CEO of Driftwood Capital.
The Legacy Awards recognize the passion, creativity and innovative spirit of Hilton’s partners who are committed to quality projects that meet or exceed brand standards and have a positive impact on communities around the world. The leadership of Hilton’s development and brand teams select the winners based on strict criteria including, but not limited to, hotel quality and commitment to guest experience. To see the full list of Hilton’s 2019 Legacy Award winners click here.
The Canopy West Palm Beach Downtown, which broke ground in 2017, is a new 150-room, 13-story hotel located at 380 Trinity Place – just steps from Palm Beach County Convention Center and West Palm’s new Brightline/Virgin Trains commuter train station. The hotel offers a rooftop pool, lounge, full-service restaurant, modern fitness center and 7,000 square feet of event space with natural light. With Banter, its three-meal ground floor restaurant, and Treehouse, its rooftop lounge on the 13th floor, Executive Chef Eduardo Ruberte brings a fusion of Latin, Caribbean and Floridian culinary influences, with an intense focus on locally-sourced, fresh-daily menu items.
Canopy by Hilton is an upscale lifestyle hotel brand launched in 2014 by Hilton Worldwide that offers a fresh approach to hospitality and the guest experience. Each hotel is designed as a natural extension of its neighborhood and provides a place to relax and recharge with guest-directed service, comfortable spaces, an energizing atmosphere and thoughtfully local choices.
Driftwood Capital’s $1.2 billion portfolio currently consists of 18 full-service hotel acquisitions, and five new ground-up developments, including the new Canopy properties and a $250 million, 502-key oceanfront Westin Resort in Cocoa Beach, Fla. All of its hotels are operated by sister company Driftwood Hospitality Management (DHM). Combined, the two companies currently operate $3 billion in assets consisting of 70+ hotels.
About Driftwood Capital
Driftwood Capital is a vertically integrated commercial real estate investment, development, and lending platform specializing in hospitality. The principals of Driftwood Capital boast a 30+ year track record transacting on more than $5 billion in hospitality assets through various af?liated management and ownership entities. In 2015, the principals of Driftwood Capital launched a unique syndication model for accredited investors to access otherwise exclusive institutional-quality hotels. Through this innovative syndication model, Driftwood Capital successfully turned $50 million of initial investment into more than $1 billion in assets across 18 hotels and 5 development deals with more than 5,100 rooms in 12 states. All Driftwood Capital funds bene?t from the principals’ af?liation with Driftwood Hospitality Management, which currently manages over 70 full and limited service hotels with more than 13,000 rooms across 22 states and is regarded as a long-standing industry leader and best-in-class operator.
About Canopy by Hilton
Located in the most desirable neighborhoods across the globe, Canopy by Hilton is an upper upscale lifestyle hotel brand that offers a fresh approach to hospitality and the guest experience. When you say local, we say Canopy. The brand was created from extensive consumer research and launched in 2014. Each hotel is designed as a natural extension of its neighborhood and provides a place to relax and recharge with guest-directed service, comfortable spaces, an energizing atmosphere and thoughtfully local choices.
About Hilton
Hilton (NYSE: HLT) is a leading global hospitality company with a portfolio of 18 world-class brands comprising more than 6,300 properties and more than one million rooms, in 118 countries and territories. Dedicated to fulfilling its mission to be the world’s most hospitable company, Hilton has welcomed more than 3 billion guests in its more than 100-year history, earned a top spot on the 2020 World’s Best Workplaces list, and was named the 2020 Global Industry Leader on the Dow Jones Sustainability Indices. In 2020, Hilton CleanStay was introduced, bringing an industry-defining standard of cleanliness and disinfection to hotels worldwide. Through the award-winning guest loyalty program Hilton Honors, the more than 110 million members who book directly with Hilton can earn Points for hotel stays and experiences money can’t buy, plus enjoy instant benefits, including contactless check-in with room selection, Digital Key, and Connected Room. Visit newsroom.hilton.com for more information, and connect with Hilton on Facebook, Twitter, LinkedIn, Instagram and YouTube.
