March 14, 2016
South Carolina-based OTO Development opened a 135-room SpringHill Suites by Marriott in Mission Valley. The $26-million hotel is located at 2401 Camino del Rio N, near the intersection of the 8 and 805 freeways.
The five-story, 82,500-square-foot property has ground level meeting space, a breakfast room, common area, and an outdoor pool. OTO Development will also manage the property.
OTO currently has five other hospitality projects under development in California, including sites in Santa Monica, Burbank, Napa, and Redwood City. OTO develops upscale select-service and extended-stay properties. The firm has opened 45 hotels over the past 10 years, and its hotel portfolio represents nearly $1 billion of invested capital.