Driftwood and Carlisle Group Acquire Nashville HI Express

. October 14, 2008

FEBRUARY 16, 2007. Driftwood Hospitality Management and The Carlyle Group announce their recent acquisition of the 206-room Holiday Inn Express located at 1111 Airport Center Drive in Nashville, Tennessee. Serving as the hotels new General Manager is Chris Hannahan.

Recently undergoing a $1.6 million renovation, guests are welcomed by a tumbled stone fireplace in the lobby that opens onto two charming courtyards where guest can enjoy an early breakfast. The limited-service Holiday Inn Express also features a fitness center, business center, and large outdoor pool. In addition, the hotel offers four conference/banquet rooms, a total of 2,421 square feet.

"We are proud to have the Holiday Inn Express in our portfolio. This hotel has provided Driftwood an entry into the Nashville market, a location that has seen continuous growth and profitability," said Carlos Rodriguez, partner and executive vice president of acquisitions/development for Driftwood.

The Holiday Inn Express Nashville is conveniently located near the Nashville Airport and is an ideal location for both business and leisure travelers. The hotel is located in close proximity to the Grand Ole Opry, Opry Mills, The Hermitage- Home of President Andrew Jackson, and the new Country Music Hall of Fame.

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