OTO Development/Palmetto Hospitality Funds
Acquires and develops select-service and extended-stay hotels in high-barrier-to-entry and gateway markets. Designs, builds and funds the construction and renovation of hotel properties. Manages site selection; market feasibility studies and underwriting analysis; deal negotiation; entitlement; permitting; construction; and hotel operations. Provides investment capital through a series of funds.
2012 STATISTICS
3-year growth:538%
2011 Revenue:$128.8 million
2008 Revenue:$20.2 million
Employees:809
Jobs added, prev. 3 years:515
2012 HONORS
#3
Top 100 Travel & Hospitality Companies
#10
Top 100 South Carolina Companies
#2
Top 10 Travel & Hospitality Companies
#1
Top 10
South Carolina Companies
