June 14, 2024


sights and trips

Holiday break Inn Resort acquired by countrywide hotel growth organization

Wrightsville Beach sees an increase in water needed during summer months, but after a well in the town was taken off-line, the town entered into an agreement with CFPUA (Port City Daily/Courtesy Town of Wrightsville Beach)
Holiday Inn Vacation resort has modified fingers after a sale, and will now be operated by a nationwide hotel development organization. (Port Metropolis Everyday/Courtesy Town of Wrightsville Seaside)

WRIGHTSVILLE Beach front — A countrywide lodge growth business just lately acquired Vacation Inn Vacation resort on Wrightsville Beach, and now programs on revamping the construction, originally crafted in 1999. 

According to a push launch, Holiday Inn Vacation resort was the fifth acquisition in the previous a few years for OTO Growth, which is primarily based in Spartanburg, S.C.

Related: After delays and cost increases, city anticipates June 2021 opening for Wilmington’s North Waterfront Park

In the launch, the organization offers a track history of purchasing and re-purposing “existing assets in robust destinations.”

“With a goal of maximizing a property’s likely, OTO Growth has increased resorts by way of renovations and operational enhancements,” the release mentioned. “OTO not too long ago reworked motels in Essential West and Marathon in the Florida Keys and has a existing venture less than renovation in St. Pete Beach front, FL.” 

Holiday break Inn Resort will undergo a “major refresh around the study course of the next 12-18 months,” the launch mentioned. The upgrades will contain “updating the lobby, dining places, bars and event spaces,” and also boasting the look in the guest rooms, swimming pools and other out of doors locations. 

Getaway Inn Resort already contains three distinctive swimming pools, a sand volleyball courtroom and a exercise facility, along with many dining locations. 

Hank Miller, a member of the Wrightsville Seaside Board of Aldermen, stated he had no foreknowledge of the announcement, which was built Dec. 22, but additional that he was conscious the vacation resort experienced been offered and imagined it should have been on the again burner owing to the ongoing pandemic. 

“For a long time, the Holiday break Inn Wrightsville Seashore has been a vacation spot all its have for relatives seaside holidays, picturesque weddings and relaxing, nonetheless successful conferences,” reported Corry Oakes, CEO of OTO Growth, in the press release. “We are delighted to be a section of the up coming section of this hotel’s history, along with the quite a few recollections that will be made below.”

Holiday getaway Inn Resort is seven-stories tall and retains 184 rooms.

OTO Enhancement is less than the umbrella of The Johnson Group, and given that its 2004 creation, has partnered with major hotel manufacturers like Hilton, Hyatt and Marriott — with a portfolio of all over 70 lodges either owned or operated by the corporation. 

Send suggestions and comments to [email protected]

Print Friendly, PDF & Email