oto development
OTO Development Mourns the Loss of CEO Corry W. Oakes III
OTO Development | August 9, 2022
SPARTANBURG, SOUTH CAROLINA (Tuesday, August 9, 2022) — Corry W. Oakes III, co-founder and CEO of OTO Development, passed away unexpectedly on Sunday, August 7, leaving behind his beloved wife, Amy, and their three daughters Ashley, Elizabeth and Lauren. “Corry was a beloved leader and a dear friend to so many in our community and our industry,” says Todd Turner, co-founder and VP/Real Estate at OTO Development, which is part of The Johnson Group. “His impact on our lives is as immeasurable as the grief we feel and the love for him and his family.” Oakes and Turner, along with Jim Ovenden, provided their initials to name the h...
OTO Development Acquires DoubleTree by Hilton in North Redington Beach, Florida
OTO Development | July 19, 2022
SPARTANBURG, SOUTH CAROLINA (July 19, 2022) — OTO Development has added the DoubleTree by Hilton in North Redington Beach, Florida, to its growing beachfront leisure portfolio. South Carolina-based OTO Development, which is part of The Johnson Group, acquired DoubleTree Beach Resort by Hilton Tampa Bay-North Redington Beach from the property’s original private ownership group. The transaction, brokered by The Plasencia Group, closed on Monday, July 18. “We are so intrigued by this DoubleTree, which has long been loved for its ideal location and resort-style amenities,” says Corry Oakes, CEO of OTO Development. “There’s incre...
OTO Appoints Leadership Team for Soon-to-Open Hyatt Place in Panama City Beach, Florida
OTO Development | July 11, 2022
SPARTANBURG, SOUTH CAROLINA (July 11, 2022) — The soon-to-open Hyatt Place Panama City Beach/Beachfront has recruited an executive leadership team with a dynamic depth and breadth of hospitality experience. OTO Development, part of The Johnson Group, is developing and will manage the new, on-the-sand hotel in the heart of the Florida Panhandle. Tyler Davies is General Manager of Hyatt Place Panama City Beach/Beachfront and Diana C. Canas is Director of Sales. Frank Hughes is Director of Food & Beverage for the onsite Coconut Charlie’s Beach Bar & Grill, the third location of OTO’s proprietary coastal restaurant concept. ...
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...
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