The professionals who comprise OTO Development are key members of the group that created the Extended Stay America hotel chain and rapidly built its portfolio to a total of 475 hotels. This hotel development team has significant experience in market feasibility, site selection, deal negotiation, entitlement, permitting, construction and operations.
To execute the rapid growth plan of its portfolio, OTO has employed 21 development professionals who are former real estate and construction experts from Extended Stay America and the lodging industry. George Dean Johnson Jr. is the managing member of OTO Development. Mr. Johnson is the founder and former Chief Executive Officer of Extended Stay America. Corry W. Oakes III is the Chief Executive Officer and President of OTO Development, and was formerly the President and Chief Operating Officer of Extended Stay America. Charles T. King joined OTO Development, LLC as Chief Financial Officer, Secretary, and Treasurer in August 2007. Before joining OTO, Charlie held various positions with Bassett Furniture Industries, Inc including Controller and Vice President of Sales. Todd R. Turner is Vice President of Real Estate for OTO Development. He was formerly the Vice President of Real Estate for Extended Stay America.