About OTO Development
OTO Development is a company based in Spartanburg (United States) founded in 2009 by Corry Oakes. The company has 1,648 employees. OTO Development has completed 1 acquisition, including DoubleTree. OTO Development offers products and services including Hotel Management and Hotel Development.
- Headquarter Spartanburg, United States
- Employees 1,648
- Founders Corry Oakes
- SectorsTravel & Hospitality
- Website otodevelopment.com
- Social LinkedIn X Facebook Instagram
- Legal Name Oto Development
- Latest Funding Round$11.3M (USD), Debt – Conventional
Sep 2016
- Investors
- Employee Count1,648
- Investments & Acquisitions
Products & Services of OTO Development
OTO Development offers a comprehensive portfolio of products and services, including Hotel Management and Hotel Development.
Hotel management services are handled by OTO Development, involving the oversight of more than 55 select-service and extended-stay hotels with a focus on performance and customer service.
Hotel development services are conducted by OTO Development, encompassing the creation and renovation of properties in urban and leisure markets, with investments exceeding $3.6 billion.
Funding Insights of OTO Development
- Total Rounds 1
- Last Round Debt – Conventional — $11.3M
- First Round $11.3M
(Sep 2016)
- Investors Count 1
All 1 funding rounds of OTO Development with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2016 | $11.3M | Debt – Conventional | – | – |
1 investors in total: 1 institutional.
Investors in OTO Development
OTO Development has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include SunTrust Bank.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Commercial banking services are offered to individuals and businesses. | 1891 | suntrust.com | Atlanta, United States |
Investor details for OTO Development
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of OTO Development
168 people are tracked at OTO Development (88 in leadership, 80 in team); the tracked headcount is 1,648.
| Name | Role | Group |
|---|---|---|
Corry Oakes | Founder & CEO | Leadership |
Dennis Mitchell | Director of Development | Leadership |
Kelly Haager | Regional VP, Sales | Leadership |
Jodie Kuchta | Regional Director of Sales, Florida | Leadership |
Christine Lisa | Regional Director of Sales, Florida | Leadership |
Anna Owens | Regional Director of Sales, Northeast | Leadership |
Jordan Trolinger | Corporate Director of Marketing & Digital Strategies | Leadership |
Danielle Puccinelli | Director of Sales Support | Leadership |
Tomiko Burroughs | Director of Sales Support | Leadership |
Eric Monteiro | Corporate Director Of Marketing & Digital Strategies | Leadership |
Maria Maksimova | Area Director Of Sales | Leadership |
John Joyner | Regional Director Of Operations, Carolinas | Leadership |
Stephen Daley | VP, Construction & Design | Leadership |
Jason Lillge | Regional Director of Operations, Northwest | Leadership |
Vince Stubbs | Regional Director of Sales, California | Leadership |
Diane Jackson | Director of Public Relations & Corporate Communications | Leadership |
Edgar Rivera | General Manager | Leadership |
Matt Mcclelland | Chief Operating Officer | Leadership |
Tim Langley | Director Of Operations Support | Leadership |
Cheryl Sinclair | Vice President, Human Resources | Leadership |
148 more people are available in the full profile.
Complete people profiles for OTO Development
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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Investments & Acquisitions by OTO Development
OTO Development has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include DoubleTree.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Hotel chains and resorts are aggregated online for traveler bookings. | doubletree.com | Mclean, United States | 1969 | Jul 2022 | •••• |
Complete acquisition details for OTO Development
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of OTO Development
3 dated milestones of OTO Development across 13 years, from founding to its latest funding, stage changes and deals.
- Founded OTO Development is founded.
- Funding First funding round of $11.3M.
- Acquisition Acquires DoubleTree.
Web traffic of OTO Development
The website of OTO Development (otodevelopment.com) receives about 5.9K visits a month.
- Monthly visits5.9K
▲ 29.7% vs previous month
Websites whose visitors overlap most with OTO Development. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| indeed.com | 100% | 416.4M | #70 | View details | |
| chartwellhospitality.com | 86% | 4.4K | #4,045,026 | View details | |
| crescenthotels.com | 79% | 35.3K | #603,272 | View details | |
| crestlinehotels.com | 77% | 7.7K | #2,915,211 | View details | |
heihotels.com | heihotels.com | 50% | – | #1,867,201 | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 8 similar websites and full traffic analytics for OTO Development
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 8 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Similar companies to OTO Development
10 companies that operate in the same segment as OTO Development (Hotel Management Services), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Hospitality investment and management services are provided for properties. | 1988 | New York, New York, United States | – | – | 5,809 | |
Hotel management services are provided internationally by Radisson Hotel Group. | 1960 | Brussels, Brussels-capital Region, Belgium | – | USD 277.58 M | 159 | |
Hospitality management services for hotels are provided across various segments. | 2003 | Plano, Texas, United States | – | – | 29,612 | |
Casino entertainment and hospitality services are provided to guests. | 1975 | Las Vegas, Nevada, United States | – | USD 4.09 B | 16,129 | |
Upscale restaurants and bars are operated across diverse dining concepts. | 2004 | New York, New York, United States | – | USD 805.72 M | 10,800 | |
Hospitality services are provided by LOGE in the United States. | 2016 | Bend, Oregon, United States | USD 19.77 M | – | – | |
Hotel management services are provided by Hotelplan Holding. | 1935 | Opfikon, Zurich, Switzerland | – | – | – | |
Residential, lifestyle, and holiday accommodations are provided across Australia. | 1991 | Sydney, New South Wales, Australia | – | – | – | |
Motorway services are operated independently across 27 UK sites. | 1959 | Newport Pagnell, United Kingdom | USD 564.93 M | USD 872.12 M | – | |
Hotels, properties, and rubber gloves are developed and manufactured. | 1988 | Bangkok, Thailand | – | USD 64.72 M | – |
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Frequently Asked Questions about OTO Development
OTO Development was founded in 2009 and raised its 1st funding round 7 years after it was founded.
OTO Development is headquartered in Spartanburg, United States. It is registered at Spartanburg, South Carolina, United States.
Corry Oakes is the current CEO of OTO Development. They have also founded this company.
OTO Development has 1,648 employees.
OTO Development was established in 2009 in Spartanburg, United States, within the hospitality sector. New hotel properties are developed and existing ones renovated, with emphasis placed on high-barrier-to-entry markets. A portfolio of hotels is owned and managed, where operational excellence and performance metrics are prioritized. Talent development and recruitment efforts are maintained to support team performance. Sustainability practices are integrated into project design and construction phases.
OTO Development offers Hotel Management and Hotel Development.
OTO Development has made 1 acquisition, including DoubleTree.
OTO Development has 1 investor. Key investors include SunTrust Bank.
OTO Development operates through Oto Development.