the johnson group
Reimagined 184-Key Lumina on Wrightsville Beach Makes Its Debut
OTO Development | June 22, 2022
SPARTANBURG, SOUTH CAROLINA (Tuesday, June 21, 2022) — OTO Development has repositioned an oceanfront property along the North Carolina coast as Lumina on Wrightsville Beach, a Holiday Inn Resort. OTO, which is part of The Johnson Group, acquired the Holiday Inn Resort Wilmington E-Wrightsville Beach in December 2020 and completed its transition to Lumina on Wrightsville Beach on Tuesday, June 21. The new name draws on the storied history of an iconic pavilion constructed in 1905 to showcase the wonder of electricity while beckoning people out to the beach. Built by a pioneering utility company at the final stop of its electric trolle...
OTO Development Acquires SpringHill Suites in Panama City Beach, Florida
OTO Development | December 1, 2021
SPARTANBURG, SC – December 1, 2021 – OTO Development is building its presence along the Florida Panhandle with the acquisition of SpringHill Suites Panama City Beach Beachfront. The deal complements the company’s construction of Hyatt Place Panama City Beach Beachfront, which is slated to open in Summer 2022. As part of The Johnson Group, OTO Development is headquartered in Spartanburg, South Carolina with a dynamic portfolio of hotels across the country. “TripAdvisor named Panama City Beach the #3 beach in the United States – and we certainly love it, too,” says Corry Oakes, CEO of OTO Development. “A long-time favorite for...
OTO Development Acquires 150-Room DoubleTree by Hilton Cocoa Beach
OTO Development | September 10, 2021
SPARTANBURG, SOUTH CAROLINA (Friday, September 10, 2021) — OTO Development has added DoubleTree by Hilton Cocoa Beach Oceanfront to its growing portfolio. South Carolina-based OTO Development, which is part of The Johnson Group, acquired the DoubleTree by Hilton in Cocoa Beach, Florida, from Pandey Hotel Group of New Zealand. The transaction — brokered by Paul Weimer, Christian Charre, Jennifer Jin and Andrew Pastorino, all of CBRE Hotels — closed on Thursday, September 9. This Space Coast hotel is the sixth oceanfront property OTO has purchased since Q4 2018. “We got our feet wet a few years ago in Key West, where we discov...
OTO Development Enters Atlanta Market With New Management Contract for Hyatt House Atlanta/Downtown
OTO Development | June 13, 2019
SPARTANBURG SC (June 13, 2019) – OTO Development, part of The Johnson Group, has added Hyatt House Atlanta/Downtown to its managed portfolio. The Spartanburg SC-based hospitality company develops and operates its own set of select-service hotels while also lending expertise to ownership groups ranging from publicly traded REITs to private equity firms to high net worth individuals. The most recent third-party management contract, signed earlier this month, represents OTO’s entry into the dynamic Atlanta market. “Metro Atlanta offers exciting opportunities to expand our managed portfolio,” says Corry Oakes, President/CEO of OTO D...
OTO Development Appoints Denise Beers-Kiepper as Vice President of Human Resources
OTO Development | February 20, 2019
SPARTANBURG SC (FEBRUARY 20, 2019) – OTO Development, part of The Johnson Group, has appointed Denise Beers-Kiepper as Vice President of Human Resources. She is tasked with leading and developing the Spartanburg-based hotelier's human resources team, which supports ~2,400 employees across the country. OTO recruited Beers-Kiepper through a nationwide search for not only human resources expertise but also entrepreneurial spirit. This HR veteran certainly fits the bill, with a diverse background in business, human capital strategy and organizational development at companies ranging from tech start-up to Fortune 500. "We are delighted...
RLH Corporation Closes Acquisition of the Knights Inn Brand From Wyndham Hotel Group
OTO Development | May 16, 2018
DENVER (May 16, 2018) — RLH Corporation (NYSE:RLH) today announced that it closed its acquisition of the Knights Inn brand from Wyndham Hotel Group, LLC a subsidiary of Wyndham Worldwide (NYSE:WYN). As a result of the acquisition, the Company acquired approximately 350 economy segment franchise contracts across North America and a pipeline of additional contracts. The acquisition is another step in RLH Corporation's transformation into an asset-light franchised hotel company. The Company expects the transaction will be immediately accretive to the Company's earnings and cash flow. "We are enthusiastic to have closed the acqui...
