A versatile fabric for use as a towel includes multiple surface areas that are formed of different materials. A support web has hydrophilic and hydrophobic materials woven therethrough. The hydrophilic material is interlaced with the web to define loops of material which extend from a first portion of the web surface and loops of material which extend from a second portion of the web surface which is longitudinally spaced from the first portion. Similarly, the hydrophobic material is interlaced with the web to define loops of material which extend from a third portion of the web surface and loops of material which extend from a fourth portion of the web surface which is longitudinally spaced from the third portion. The first and third portions of the support web surface are arranged opposite each other and the second and fourth portions of the support web surface are arranged opposite each other to define four surface portions of the fabric.