Oto Development
1,001–5,000 employees 20 principals
Last updated by Zailyn
About Oto Development
Oto Development is a real estate operator. Oto Development operates in Charlotte, North Carolina, Chicago, Illinois and Crestview-Fort Walton Beach-Destin, Florida. Its investment focus is on Hospitality.
OTO Development was founded on May 11, 2004, giving it 21 years of operation as of 2025. The company employs approximately 2,700 people. OTO has developed 530 hotels (including projects by its predecessor ventures), maintaining a robust development pipeline. It currently owns and/or manages over 55 select‑service and extended‑stay hotels across major U.S. markets. Its development focus lies in upscale select‑service and extended‑stay hotels in high‑barrier‑to‑entry leisure and urban markets. The company also emphasizes environmental sustainability, with at least 22 properties holding LEED or state‑green certifications. In summary, OTO Development is a 21-year-old, 2,700-employee firm specializing in the development and management of upscale select-service and extended-stay hotels, including sustainable and complex-site projects.
Principals at Oto Development
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