SPARTANBURG, SC – May 12, 2021 – 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. In the heart of the San Fernando Valley and just a short drive away from Hollywood, Los Angeles, Burbank, and Simi Valley, this hotel is well located close to Warner Center and area shopping and dining. Close to Pepperdine, CSUN, Kaiser Permanente Hospital and a short drive to Universal City, Hollywood, Downtown LA, Malibu and Santa Monica, this hotel is a perfect choice for business and leisure travelers alike.
“This is an exciting addition to our portfolio of owned hotels,” says Corry Oakes, CEO of OTO Development. “The location, the perfect place for work or play, complements our existing assets in Southern California and extends our valued partnership with Marriott.”
While OTO has built its reputation by developing new hotels in high-barrier-to-entry markets, the company’s growth strategy also includes purchasing – and re-purposing – existing assets in prime locations. With the goal of maximizing a property’s potential, OTO Development has enhanced hotels through renovations and operational improvements. OTO recently transformed hotels in Key West and Marathon in the Florida Keys and recently reopened a revitalized hotel in St. Pete Beach, FL following a full-scale renovation.
The six-story, 122 room Courtyard by Marriott will enjoy its own refresh over the course of the next 12-18 months. Highlights of the upgrades including updating the lobby’s furniture, carpet, and décor and refreshing the guest rooms with new carpet, wallcoverings, and soft seating. A new roof and exterior painting round out the improvements.
The Courtyard by Marriott Los Angeles Woodland Hills features:
- Spacious guest rooms with luxury bedding and ergonomic workstations, refrigerators, and microwaves
- Complimentary Wi-Fi
- A 24-hour fully-equipped fitness center
- Outdoor heated pool and sundeck
- The Bistro, an on-site cocktail bar, and restaurant that serves Starbucks products
- A 24-hour market with sundries and snacks
“This hotel has been an excellent choice for travelers to Woodland Hills,” Oakes says. “We are delighted to be a part of the next phase of this hotel’s history, welcoming its team members to our family and providing friendly hospitality for years to come.”
Courtyard by Marriott Los Angeles Woodland Hills is located at 21101 Ventura Blvd, Woodland Hills, CA 91364. For more information, call (818) 999-2200 or visit www.Marriott.com.
