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Spartanburg,
SC – January 2022 / Newsmaker Alert / OTO
Development is moving into Music City with the acquisition of Hyatt
House Nashville at Vanderbilt. The deal for this Nashville, Tennessee
property was brokered by Hunter
Hotel Advisors.
Headquartered
in Spartanburg, South Carolina, OTO Development is part of The Johnson
Group. The company develops, owns and operates a dynamic portfolio of select-service
hotels across the country.
“Nashville
has been on our potential playlist for quite some time,” says Corry
Oakes, CEO of OTO Development. “Hyatt House Nashville at Vanderbilt
presents an ideal opportunity for us to enter one of the top travel destinations
in the country.”
As
one of the fastest-growing MSAs in the country, Nashville enjoys a unique
diversity of hospitality demand generators, with a nearly even split between
leisure, business and group travel. Long beloved as the Music City, Nashville
is becoming a fast favorite for corporate relocations and expansions, with
recent headliners such as AllianceBernstein, Amazon and Oracle.
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Hyatt
House Nashville at Vanderbilt is ideally positioned to cater to all these
travel segments. The extended-stay property is located in Nashville’s historic
West End, just minutes from Lower Broadway. It’s within walking distance
of Music Row and convenient to Vanderbilt University as well as Vanderbilt
University Medical Center and other prominent community hospitals.
Opened
in December 2018, this 15-floor Hyatt House comprises 201 extended-stay
guest rooms, including 125 suites, and more than 2,000-square-feet of meeting
space. The brand’s popular H bar and a rooftop pool highlight the amenities
list, with added conveniences such as a well-equipped fitness center, in-suite
kitchens/kitchenettes, complimentary breakfast, hotel shuttle and, for
those who travel with their best friends, a pet-friendly policy.
“People
love coming to Nashville, whether for work or pleasure, and we look forward
to helping them feel right at home in the apartment-style spaces at Hyatt
House Vanderbilt,” says Oakes.
Hyatt
House Nashville at Vanderbilt is located at 2100 Hayes St. in Nashville,
Tennessee. Make reservations by calling 615-320-9000 or visiting HyattHouseNashvilleAtVanderbilt.com.
Follow the hotel on social: Facebook @HyattHouseNashvilleAtVanderbilt
and Instagram @HyattHouseNashvilleVandy.
About
OTO Development
OTO
Development, part of The Johnson Group, is an award-winning, fast-growing
hotel development and hospitality management company. Founded in 2004 and
partnering with the Hilton, Hyatt, IHG and Marriott brands, OTO’s industry
leadership position is anchored by a portfolio of excellent hotels staffed
by exceptional people. The company currently owns and/or operates ~70 hotels
comprising approximately 8,000 room keys. OTO’s growth is focused on developing
new hotels in high-barrier-to-entry markets; purchasing and repurposing
existing hotel properties; and expanding management contracts with clients
ranging from publicly traded REITs to private equity firms to high-net-worth
individuals. For more information, visit OTODevelopment.com.
Media
Contact:
Diane
Jackson
Director
of Public Relations
&
Corporate Communications
OTO
Development
864-327-6274
Website
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