News

Investment / November 30, 2021

OTO Development Acquires SpringHill Suites in Panama City Beach

Carolina-based OTO is building its beachfront presence along the popular Florida Panhandle Full Story

Investment / November 3, 2021

OTO Development Moves into Yosemite Market

Leisure portfolio expands with a complement of three branded hotels near the South Gate of Yosemite National Park Full Story

Investment / September 10, 2021

DoubleTree Cocoa Beach Joins OTO's Growing Oceanfront Portfolio

Riding a wave of optimism about leisure travel, OTO acquires its sixth beachfront property: DoubleTree by Hilton Cocoa Beach on Florida's Space Coast. Full Story

Development / August 12, 2021

Topping Out Ceremony Marks Construction Milestone at Hyatt Place in Panama City Beach

The project team celebrated completion of structural framing at the future Hyatt Place Panama City Beach-Beachfront. This 11-story project is the only beachfront hotel currently under construction in the Florida Panhandle and, upon completion, it will be the first Hyatt property on the beach along the Gulf Coast. Full Story

Awards / July 28, 2021

OTO Development Achieves Top Accolade from Marriott

AC Hotel Washington DC Downtown earns Best Opening from CONNECT 2020 Marriott Select Brands Owner and Franchise Awards. Full Story

Awards / June 28, 2021

AC Hotel Washington DC Downtown Places Honorable Mention in 2020 LIV Hospitality Design Awards

LIV Hospitality Design Awards globally recognize excellence in Hospitality Architecture, Interior Design, and Guest Experiences. Full Story

Development / June 7, 2021

OTO Acquires Oceanfront Hotel in Myrtle Beach, SC

SC-based hotelier continues expansion of coastal locations with addition of South Bay Inn & Suites in Myrtle Beach. Full Story

Awards / May 26, 2021

Hyatt Centric Mountain View Achieves LEED Silver Certification

The United States Green Building Council announced that Hyatt Centric Mountain View has achieved LEED Silver Certification, recognizing the environmentally responsible efforts incorporated into the construction and continuing operation of the hotel. Full Story

Awards / May 25, 2021

OTO Development Hotels Win 2021 TripAdvisor Travelers’ Choice Award

32 Hotels Recognized Among Best Based on Exceptional Traveler Reviews Full Story

Investment / May 12, 2021

OTO Acquires Courtyard by Marriott Los Angeles Woodland Hills, CA

OTO Development is growing once again with its sixth acquisition in just three years, the purchase of the Courtyard by Marriott Los Angeles Woodland Hills. Full Story

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