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Spartanburg,
SC – August 2022 / Newsmaker Alert: Todd
Turner has been named Chief Executive Officer of OTO
Development, taking over the role from fellow co-founder Corry Oakes,
who passed
away unexpectedly earlier this month.
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 Oakes
and Turner, along with Jim Ovenden, founded their namesake hotel development
and hospitality management company in May 2004 alongside George Dean Johnson
Jr. and the late H. Wayne Huizenga.
“Corry
and Todd worked side by side for 18 years to take OTO Development from
an idea into a premier lodging company,” says Geordy Johnson, President
of The Johnson Group. “Todd is a seasoned, inspiring leader who will carry
their shared vision forward.”
Turner
previously served as VP/Real Estate at OTO Development, which is part of
The Johnson Group. He began
his career developing real estate at WJB Blockbuster Video and then held
positions of increasing responsibility at Extended Stay America. As VP/Real
Estate at the NYSE-listed company, he helped turn ESA into the fastest-growing
owner-operated hotel chain in lodging history prior to its sale to Blackstone.
“I
will forever mourn the loss of my dear friend Corry. I have had the tremendous
honor and privilege of working alongside the finest man and greatest leader
I know,” Turner says. “OTO’s experienced leadership team embodies a culture
that reflects Corry’s incredible qualities, and we are well-positioned
to carry forward the legacy he set in motion.”
A graduate
of The University of the South, Turner holds a bachelor’s degree in English;
he has spent his career with The Johnson Group’s various companies. Away
from work, he enjoys cooking, fly fishing, and spending time with his wife
Kelsea and their family.
“Todd
is one of the most gifted real estate professionals I’ve ever had the pleasure
of knowing,” says George Dean Johnson Jr., Chairman of The Johnson Group.
“His keen intuition, natural ability to connect and build relationships,
and unparalleled work ethic have played an integral role in creating the
company OTO is today. Corry’s legacy will live on through Todd’s thoughtful
and humble leadership of the company they founded and built together.”
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 9,600 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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