News

Investment / May 4, 2026

OTO Acquires The Beachcomber in St. Pete Beach, Florida

OTO Development has acquired The Beachcomber in St. Pete Beach, Florida, adding a popular Gulf Coast resort to the hotelier’s leisure portfolio. Full Story

Investment / July 18, 2022

OTO Development Acquires DoubleTree by Hilton in North Redington Beach

OTO Development has purchased its 10th oceanfront property, the DoubleTree by Hilton in North Redington Beach, Florida. This Gulf Coast hotel has long been loved for its ideal location and resort-style amenities. Full Story

Investment / April 28, 2022

Homewood Suites Myrtle Beach Oceanfront Makes Its Debut

OTO Development has converted an independent on-the-sand property in Myrtle Beach, South Carolina, to the Homewood Suites by Hilton brand. Full Story

Investment / April 20, 2022

DoubleTree Cocoa Beach Rebrands as Hilton Garden Inn

The “newest” hotel in Cocoa Beach, Florida, enjoys a long history of welcoming visitors to the Space Coast. Full Story

Investment / March 1, 2022

OTO Development Acquires Best Western Fort Walton Beach

OTO Development has acquired Best Western Fort Walton Beach in the Florida Panhandle, with plans for a major property renovation. Full Story

Investment / December 23, 2021

OTO Development Moves into Music City

Hyatt House Nashville at Vanderbilt joins OTO as the company's first acquisition in Tennessee. Full Story

Investment / December 8, 2021

Ocean City Hospitality Complex Joins OTO's Beachfront Portfolio

OTO Development acquires Dunes Manor Hotel, Court & Suites in Maryland’s favorite vacation destination Full Story

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

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