Company Profile

OTO Development LLC is a hotel owner headquartered in Spartanburg, South Carolina. The company focuses on investments in both top-performing submarkets and beachfront leisure locations. OTO Development also serves as developer and manager on many of the properties within its portfolio.

OTO Development's current portfolio includes at least 74 open properties totaling more than 11,200 rooms. The upscale segment dominates the portfolio, accounting for at least 52 hotels, followed by more than 20 upper midscale properties and two upper upscale hotels. Properties in the company's holdings include the AC Hotel New York Times Square, the Hyatt Centric Mountain View in California, the Hampton Inn Manhattan/Times Square Central, and the Beal House Fort Walton Beachfront, Tapestry Collection in Florida. The company also has at least one property in the delivery pipeline — the 278-room Tempo by Hilton Washington DC, currently in preopening status.

OTO Development maintains a geographic footprint spanning more than 13 states, with primary market concentrations in Orlando, Florida, and Washington, DC. The portfolio extends across a broad range of markets from the Southeast to the West Coast, including properties in California, New York, Texas, and other states throughout the country.