oto development
OTO Development Opens New Hampton by Hilton Opens in Oakhurst-Yosemite Market
OTO Development | May 24, 2022
SPARTANBURG, SOUTH CAROLINA (May 24, 2022) — A new Hampton by Hilton has opened its doors in Oakhurst, California. Hampton Inn Oakhurst-Yosemite welcomed its first guests on Thursday, May 19. The property is among a complement of three hotels owned and operated by OTO Development, part of The Johnson Group, near Yosemite National Park. The hotels — this Hampton by Hilton, a Fairfield Inn & Suites by Marriott and a Holiday Inn Express & Suites — are adjacent to each other along CA-41, just 13 short miles from Yosemite’s south gate. Noteworthy for its easy proximity to Yosemite National Park, Hampton Inn Oakhurst-Yosemi...
OTO Development Introduces Homewood Suites Myrtle Beach Oceanfront Following Conversion
OTO Development | April 29, 2022
SPARTANBURG, SOUTH CAROLINA (April 29, 2022) — OTO Development has converted an independent on-the-sand property in Myrtle Beach, South Carolina, to the Homewood Suites by Hilton brand. OTO, which is part of The Johnson Group, acquired South Bay Inn & Suites in May 2021 and completed its transition to Homewood Suites Myrtle Beach Oceanfront on April 24. The rebranding follows a soft renovation to the relatively new hotel and a reimagining of the onsite restaurant and pool bar into Coconut Charlie’s, the company’s proprietary concept for beachfront food and beverage spaces. “This repositioning combines the power of Hilton...
OTO Development Rebrands DoubleTree Cocoa Beach as Hilton Garden Inn
OTO Development | April 21, 2022
SPARTANBURG, SOUTH CAROLINA (Thursday, April 21, 2022) — The “newest” hotel in Cocoa Beach, Florida, enjoys a long history of welcoming visitors to the Space Coast. The city’s DoubleTree by Hilton — originally built in 1987 and extensively renovated in June 2021 — is rebranding as Hilton Garden Inn Cocoa Beach Oceanfront. The transition, official as of April 20, 2022, has been in the works since OTO Development acquired the property last September. South Carolina-based OTO, which is part of The Johnson Group, develops, owns and operates approximately 65 hotels across the country. “Like many travelers, we love the Hilton...
OTO Development Acquires 100-Key Best Western Fort Walton Beach
OTO Development | March 2, 2022
SPARTANBURG, SOUTH CAROLINA – March 2, 2022 – OTO Development has acquired Best Western Fort Walton Beach in the Florida Panhandle, adding a promising oceanfront property to the hotelier’s growing leisure portfolio. A major renovation is planned. David Altman and Robert Hunter of Marcus & Millichap represented the seller in this transaction, which closed on February 28. OTO, which is part of The Johnson Group, develops, owns and operates select-service hotels across the country. “Visitors are enthralled by the balmy weather, sugar-sand beaches and emerald waters of Fort Walton Beach – and as hoteliers, we are,...
OTO Development Acquires Hyatt House Nashville at Vanderbilt
OTO Development | January 3, 2022
SPARTANBURG, SOUTH CAROLINA – January 3, 2022 – OTO Development is moving into Music City with the acquisition of Hyatt House Nashville at Vanderbilt. The deal for this Nashville, Tennessee property was brokered by Hunter Hotel Advisors. Headquartered in Spartanburg, South Carolina, OTO Development is part of The Johnson Group. The company develops, owns and operates a dynamic portfolio of select-service hotels across the country. “Nashville has been on our potential playlist for quite some time,” says Corry Oakes, CEO of OTO Development. “Hyatt House Nashville at Vanderbilt presents an ideal opportunity for us to ente...
OTO Development Acquires Dunes Manor Hotel, Court & Suites in Ocean City, Maryland
OTO Development | December 10, 2021
SPARTANBURG, SOUTH CAROLINA – December 10, 2021 – OTO Development has acquired Dunes Manor Hotel, Court & Suites in Ocean City, Maryland. The deal adds a long-popular resort complex to the hotelier’s growing beachfront portfolio. Headquartered in Spartanburg, South Carolina, OTO Development is part of The Johnson Group. The company develops, owns and operates select-service hotels across the country. “Ocean City bills itself as the East Coast’s favorite vacation destination,” says Corry Oakes, CEO of OTO Development. “More than 8 million people visit every year – and we are delighted to be here now, too.” ...
OTO Development Acquires SpringHill Suites in Panama City Beach, Florida
OTO Development | December 1, 2021
SPARTANBURG, SC – December 1, 2021 – OTO Development is building its presence along the Florida Panhandle with the acquisition of SpringHill Suites Panama City Beach Beachfront. The deal complements the company’s construction of Hyatt Place Panama City Beach Beachfront, which is slated to open in Summer 2022. As part of The Johnson Group, OTO Development is headquartered in Spartanburg, South Carolina with a dynamic portfolio of hotels across the country. “TripAdvisor named Panama City Beach the #3 beach in the United States – and we certainly love it, too,” says Corry Oakes, CEO of OTO Development. “A long-time favorite for...
OTO Development to Acquire Three Hotels in Oakhurst, California
OTO Development | November 4, 2021
SPARTANBURG, SC – November 4, 2021 – OTO Development is moving into the Yosemite National Park market with the acquisition of two hotels in Oakhurst, California, and a contract on a third. OTO, which is part of The Johnson Group, has purchased Fairfield Inn & Suites by Marriott Oakhurst Yosemite and Holiday Inn Express & Suites Oakhurst-Yosemite Park Area from a family of independent hoteliers. The seller was represented by Stanley Wang of Marcus & Millichap. The deal also includes Hampton Inn Oakhurst-Yosemite, which is currently under construction. The three hotels sit adjacent to each other and are located just 13 ...
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