EXCELLENCE IN HOSPITALITY DEVELOPMENT & MANAGEMENThilton | hyatt | marriott | starwood

hotEl PortFolio & dEVEloPmEnt PiPElinE

oto development

H E R I TA G E

In the early 1990’s, George Dean Johnson, Jr., became the largest franchisee of Blockbuster Video with a portfolio of over 200 stores. After selling his franchise to the parent company, he became President of the Domestic Division of Blockbuster, responsible for all video and music stores in the U.S. Following Viacom’s purchase of Blockbuster for $8.4B in 1994, Johnson and his business partner, Wayne Huizenga, founded Extended Stay America Hotels (ESA). The two boldly took the company public on the New York Stock Exchange with a mere two hotels completed in their portfolio. Over the following ten years, ESA developed 475 hotels nationwide, making it the fastest growing company in the history of lodging. The Blackstone Group bought ESA for $3 billion in May of 2004 and took it private in the largest public-to-private transaction in South Carolina history.

Following the historic sale, George Dean Johnson, Jr., Wayne Huizenga, Corry Oakes, Jim Ovenden, and Todd Turner launched OTO Development to develop and operate upscale select-service hotels in the top markets in the United States. With 528 properties (and counting) under our belt, OTO is the most experienced hospitality development team in the industry. Our remarkable rise is reflected in award-winning hotels, agile development strategies, and global recognition from every partner brand. OTO takes a straightforward approach to development: create lasting value. Integrating this simple mindset with world-class sponsorship and an unrivaled experience level, OTO has established an industry-leading legacy with best-in-class development of upscale, select-service hotels.

B R A N D PA R T N E R S

Partnering with the best brands in upscale select-service, OTO ensures that each property is exceptionally designed, built, and maintained above brand standards. We proudly represent the following global leaders in hospitality:

Hilton Garden Inn, Homewood Suites, Hampton Inn & Suites, and Home 2 Suites are the Hilton-brand products that OTO develops. These upscale select-service & extended-stay properties enjoy the benefits of global awareness and consistent quality.

Hyatt Place, Hyatt House, and Hyatt Centric are Hyatt’s upscale select-service, extended-stay, and boutique concepts. Backed by extensive market research, Hyatt properties are known for their flexibility and comfort, and are designed to give guests the feel of a tight-knit community.

Residence Inn, Courtyard, SpringHill Suites, Fairfield Inn & Suites, and AC Hotels are all represented in OTO’s portfolio, with AC Hotels being the newest addition. Each property offers a fresh, innovative take on hospitality, while still maintaining the global strength and success of the Marriott brand.

Recently acquired by Marriott, Starwood Hotels serves the needs of upscale business and leisure travelers worldwide. OTO is proud to include this popular brand in its portfolio with its Sheraton properties.

C H I E F S P O N S O R & M A N A G I N G M E M B E R

g E o r g E d E a n j o h n s o n , j r .

Entrepreneur, philanthropist, and chief sponsor George Dean Johnson, Jr. has been instrumental in the development and management of numerous businesses. Well-established in a wide range of industries, Johnson also has extensive public board service, including Duke Energy, Norfolk Southern, AutoNation Inc., and Boca Resorts. Mr. Johnson is the namesake

of University of South Carolina - Upstate’s School of Business, and remains deeply committed to his hometown of Spartanburg, South Carolina.

L E A D E R S H I P

c o r r y o a k E s President, CEO, Founding Partner

As the former CEO of Extended Stay America, Oakes oversaw the the development and operation of 475 locations in 42 states. Currently, Oakes serves on the Franchisee Advisory Council for Hyatt Place

by Hyatt, and is the President of the Franchise Advisory Councill for AC Hotels by Marriott.

t o d d t u r n E rVP Real Estate & Founding PartnerTurner and his team oversee underwriting, site selection, contract negotiation, and entitlement management for new hotel development projects. Formerly the VP Of Real Estate for Extended Stay, Turner helped establish ESA in 6 markets.

c h a r l i E k i n g Chief Financial Officer King is responsible for accounting, financing, cash management, financial and tax reporting. He has held executive positions at Bassett Furniture Industries, Inc., and was instrumental in building a chain of 130 retail locations throughout the country.

j o h n a n d E r s o n Chief Operating Officer Formerly Senior Vice President of Operations for Hilton Worldwide, Anderson oversees OTO’s management portfolio of 46 properties and is a member of the Hampton Inn Brand Operations Council.

T H E O T O D I F F E R E N C E With over 528 hotels developed in the last 20 years, OTO’s leadership celebrates a long-standing history of success in the lodging industry. Specializing in upscale select-service and extended-stay properties, OTO currently has an extensive, well-funded pipeline of proposed hotels, and is considered an elite developer and operating partner by every partner brand. OTO’s unparalleled experience level in lodging, coupled with access to patient capital, makes for a team nimble enough to make decisions quickly -- yet tenacious enough to tackle complex projects in tough environments. OTO builds and sustains strong relationships with each partner brand, striving for continual improvement through benchmarking and best practice sharing. This allows OTO to remain flexible and nimble through the development process, adapting to market conditions and taking advantage of opportunities for further success and expansion.

O T O B Y T H E N U M B E R S

45 s tat E s

OTO & ESA have developed in c u r r E n t d E V E l o P m E n t m a r k E t s :

bay arEa | southErn caliFornia nyc mEtro | south Florida

washington, d.c.

FourGlobal brand partners:

hilton | hyatt | marriott | starwood

Urban development projects totaling$750 m i l l i o n

h o t E l s (a n d c o u n t i n g )in the collective history of OTO &

Extended Stay America

#530 22lEEd or statE-cErt iF iEd

ProPErt iEs( a n d c o u n t i n g )

H A M P T O N I N N & S U I T E S | T I M E S S Q U A R E N Y C H YAT T P L A C E | C H I C A G O , I L

• Opened June 30th, 2015.

• 30-story, 300-room hotel.

• Prime location in Midtown Manhattan on West 41st Street (just west of 7th Avenue).

now open

H YAT T P L A C E | C H I C A G O , I L

• Opened June 24th, 2015.

• 206 guest rooms• OTO’s first project in

Downtown Chicago.• Steps from Hyatt’s

corporate headquarters.

now open

H I L T O N G A R D E N I N N | PA L O A L T O , C A

H A M P T O N I N N & S U I T E S | S E AT T L E - B E L L E V U E , WA

• Opened December 2014.• Celebrated as Hampton’s 2000th

hotel.• Located in downtown Bellevue, just

ten miles east of downtown Seattle. • Home to many large corporations,

including Microsoft, Expedia, Eddie Bauer, T-Mobile, and Nintendo North America.

• Opened March 9th, 2015.• 174 rooms. Accommodates business and

leisure travelers alike with close proximity to many Silicon Valley global headquarters, Stanford University, & the Cantor Arts Center; located only 20 minutes from both San Francisco and San Jose.

now open

now open

H A M P T O N I N N | WA S H I N G T O N , D . C . W H I T E H O U S E

• Opened June 2013.• 116 rooms. • Awarded the Best

Conversion Award for the Hampton brand (by Hilton).

• Two blocks from the White House; close proximity to National Mall and surrounding monuments.

• Re-development of the former headquarters of the Kiplinger Washington Editors Publishing Company. The repurposed space retains the classic character of the building and incorporates its history into the interior design.

now open

H I L T O N G A R D E N I N N | WA S H I N G T O N , D . C . / G E O R G E T O W N

• Opened May 2014.• 10 stories, 238 rooms.• Blocks away from

both Georgetown and DuPont Circle; convenient access to Embassy Row, multiple universities, metro.

• Awarded LEED Silver Certification for Building Design and Construction,

now open

F A I R F I E L D I N N & S U I T E S B Y M A R R I O T T

• Opened April 2013.• Awarded ‘Best Custom

Project for North America’ by Marriott.

• 239 rooms, 22 stories.• Centrally located just steps

away from Penn Station; half a block from Madison Square Garden, within eight blocks of Times Square.

• Provides easy access to all of New York City

• Rooftop bar with panoramic views of Manhattan.

now open

M I D T O W N M A N H AT TA N / P E N N S TAT I O N , N Y C

H A M P T O N I N N & S U I T E S | N A PA , C A

• Opens January 2016.• 115 rooms. • Vews of Napa River; minutes

from downtown Napa Valley.• Close proximity to renowned

wineries such as Robert Mondavi, Black Stallion.

• Construction began August 2014.

opening 2016

H I L T O N G A R D E N I N N | B U R B A N K , C A

• Opens July 2016. • 209 rooms. • Located at San Fernando

& Verdugo.• Construction began

November 3rd, 2014.

opening 2016

H YAT T V I L L A G E PA R K M O U N TA I N V I E W, C A

• 164-room hotel at The Village at San Antonio in Mountain View, California.

• 12,000 square feet of restaurant and retail space on the ground floor that the master developer will own and lease to 3rd parties.

in development

S P R I N G H I L L S U I T E S M I S S I O N VA L L E Y, C A

C O U R T YA R D B Y M A R R I O T T R E D W O O D C I T Y, C A

• Opens June 2016.• 177 rooms.• Construction began

January 5th, 2015.

• Opens February 2016.• 135 rooms. • Located in the Mission

Valley area of San Diego.

• Construction began October 13th, 2014.

under construction

under construction

C O U R T YA R D B Y M A R R I O T T S A N TA M O N I C A , C A

• Two 140-room hotels located at 5th & Colorado in downtown Santa Monica — the West Coast’s best submarket.• 5 blocks from iconic Santa Monica pier; 1 block from Santa Monica Place & 3rd Street Promenade.• Santa Monica is one of the most arduous entitlement markets in the United States. This project will have taken over five

years of entitlement and construction activity. • Received unanimous City Council approval.• These two hotels are the first select-service hotels built in Santa Monica in over 27 years.• Evidence of OTO’s long-term investment flexibility, and overall commitment to quality markets.

under construction

H A M P T O N I N N & S U I T E S S A N TA M O N I C A , C A under construction

A C B Y M A R R I O T T | T I M E S S Q U A R E

• Manhattan’s first AC Hotel, located two blocks south of Times Square and directly across from the New York Times office building.

• Mixed-use project to include 289 rooms and an independent ground-floor restaurant.

• Rooftop bar with 2,400 SF of enclosed space and a 1,700 SF outdoor patio & lounge area.

under construction

A C B Y M A R R I O T T | F T . L A U D E R D A L E

in development

A C B Y M A R R I O T T | S O U T H S A N F R A N C I S C O

• 185 Rooms; 6 stories.• 4,000 sq. ft. conference facility.• Features a wall of glass facing the bay.• Serves as a key component to a 1 million

square foot mixed-use project called Britannia Cove at Oyster Point.

under construction

100 dunbar strEEt| suitE 402 | sPartanburg, sc | 29306

www.otodEVEloPmEnt.com | @otodEVEloPmEnt

For more information, please contact:

Brought to you by OTO Development, L.L.C.Thank You!

B R I A N M O U L T O NRegional Director of Real Estatebmoulton@otodevelopment.com

864.699.4187