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Spartanburg,
SC – October 2024 / NewsmakerAlert: Rob
Rain, previously the President of the Industrial Division at Johnson
Development Associates, has joined OTO
Development as Chief Executive Officer.
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OTO
Development, part of The Johnson
Group, is a private company that develops, owns, and operates select-service
and lifestyle hotels throughout the continental United States, many with
proprietary restaurant concepts. As chief executive, Rain will oversee
strategic initiatives designed to drive growth across OTO’s industry-leading
portfolio, with an emphasis on increasing efficiency and maximizing profitability
while continuing to elevate the guest experience.
Rain
is carrying on the legacy of OTO’s former CEOs: the late Corry Oakes, who
led the company for its first 18 years, and Todd Turner, who recently retired.
“Rob
understands OTO’s culture, and we are excited about the company’s prospects
under his leadership,” says Geordy
Johnson, CEO of The Johnson Group.
Rain
has worked with The Johnson Group family of companies for more than a decade,
initially working in private equity with WJ Partners. In 2014, he was named
President of the Industrial Division at Johnson Development Associates
where, over the course of 10 years, he grew the platform into one of the
country’s largest private developers of warehouse space.
A decorated
veteran of the United States Marine Corps, Rain spent four years as an
infantry officer before beginning his private sector career. During tours
in Iraq and Afghanistan, his leadership and heroism in combat merited a
Bronze Star with Valor.
“It’s
a privilege to take on this new role within The Johnson Group,” says Rain,
who graduated magna cum laude from Washington and Lee University and also
earned an MBA from Harvard Business School. “My predecessors built a resilient,
successful company. I’m excited by the opportunity to work alongside OTO’s
2,700 team members to continue to build upon OTO’s legacy and successful
track record.”
As
OTO Development’s new CEO, Rain will be based out of the company’s corporate
headquarters in downtown Spartanburg, South Carolina.
Away
from work, Rain stays busy with family life while raising four children
with his wife, Dargan. He is also committed to community service, currently
sitting his second term on the Spartanburg City Council and serving as
an Elder at Westminster Presbyterian Church.
About
OTO Development
OTO
Development, part of The
Johnson Group, is an award-winning 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 57 hotels comprising approximately 9,500
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
third-party management relationships. For more information, visit OTODevelopment.com.
OTO
Development: Facebook
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Media
Contact:
Diane
Jackson
Director
of Public Relations
&
Corporate Communications
OTO
Development
864-327-6274
LinkedIn
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