Hotel flipper stays confident as economy slows

02/11/2008 | Miami Herald (free registration), The

The current marketplace doesn't appear to bode well for those in the hotel-investment industry, but one Florida-based hotel flipper isn't daunted by the rough economic outlook. Managing almost 9,000 rooms in areas including Colorado and Costa Rica, Driftwood Hospitality has set up cash reserves to weather a recession and make it through the tough times, says Executive Vice President Carlos Rodriguez.

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Miami Herald (free registration), The

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