johnson group
OTO Development Acquires Florida’s Best Western Key Ambassador Resort Inn
OTO Development | September 21, 2018
SPARTANBURG SC (September 21, 2018) -- OTO Development has taken its first dive into the Florida Keys hospitality market with the purchase of Best Western Key Ambassador Resort Inn. The transaction was completed Monday, September 17, between The Key Ambassador Co. and Spartanburg-based OTO, which is part of The Johnson Group. "We are delighted to add this popular Key West property to our portfolio of owned hotels," says Corry Oakes, CEO of OTO Development. "This purchase extends the geographic reach of our operations with an ideal location in America's southernmost city." Originally built in the 1950s, the 100-ro...
1
Technology
2
Appointments/People on the Move
3
Operations
4
Industry Happenings
5
All Things Independent
Today's News
Cheval Collection Selects IDeaS G3 RMS at Eight Additional Luxury Serviced Apartment Properties
Hospitality Students Creatively Solving Problems With Lego Learning Initiative
Are You Leaving Money on the Table? Turning Casino Resorts Into Go-To Venues for Profitable Groups and Events
AAHOA’s Hoteliers Push Forward Impactful National Advocacy Agenda in Washington, D.C.
As the first news aggregate for the hotel industry, Hotel-Online is the industry’s must-read daily news source for everything hotel curated for busy professionals. Sign up today for industry news delivered to your inbox.