AZBigMedia
Driftwood Acquisitions & Development (DAD) celebrated the groundbreaking of the Canopy by Hilton, Hilton’s (NYSE: HLT) lifestyle hotel brand, yesterday in Tempe, Arizona. Slated to open as a 198-room hotel by January 2020, Canopy by Hilton Tempe Downtown University Area is located in the heart of Tempe across the street from Arizona State University (ASU), one of the largest public universities by enrollment in the United States. Driftwood Hospitality Management (DHM), DAD’s affiliate, will manage the hotel. DAD is an innovative hospitality industry leader with decades of experience and a strategic focus on hotel and resort acquisitions.
“Tempe is a flourishing and energetic community,” said Carlos J. Rodriguez Sr., CEO of Driftwood Acquisitions & Development. “We have an outstanding and ongoing relationship with Canopy by Hilton, and we are excited to work with the brand again to bring this project to the downtown area.”
