Driftwood Capital, a Miami-based hospitality funding agency, has accomplished an $11 million renovation of the 226-room Marriott Raleigh Durham Analysis Triangle Park in Durham, North Carolina. The funding alerts continued confidence in demand throughout the Raleigh-Durham hospitality market, and Driftwood Hospitality Administration will proceed to function the lodge.
The renovation included a full refresh of visitor rooms, the addition of an M Membership lounge, an upgraded health middle, and the conversion of the pool into expanded assembly house. The venture additionally modernized the constructing techniques by upgrading the HVAC and shifting from PTAC to VTAC models, with assist from Hospitality Venture Advisors, one other affiliated firm.
Positioned in Analysis Triangle Park close to main employers, universities, and key transport hyperlinks, the lodge goals to strengthen its attraction for company journey and group enterprise. With proximity to Interstate 40 and Raleigh-Durham Worldwide Airport, and entry to the broader RTP ecosystem of a whole bunch of corporations, the upgraded property is positioned to compete as a number one selection for conferences, conferences, and govt stays.
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Marriott Raleigh Durham Analysis Triangle Park4700 Guardian DrDurham, NC 27703United States
+1 919-941-6200
DurhamNorth CarolinaUnited States
