OTO Development Acquires Howard Johnson by Wyndham St. Pete Beach Resort Hotel

OTO Development | December 11, 2019

SPARTANBURG, SC (December 11, 2019) – OTO Development has jumped into the seaside hotel market in St. Pete Beach by purchasing the Howard Johnson by Wyndham St. Pete Beach FL Resort Hotel. The purchase was finalized on December 5 between the Reagan Family Trust and OTO Development. “We are continually surveying the market in key travel destinations for opportunities to expand our portfolio,” said Corry Oakes, CEO of OTO Development. “We are excited to have this St. Pete Beach property as part of our family and getting started on renovations to improve the guest experience.” Preston Reid, previously a senior director with JLL, ...