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OTO Development Expands Into Texas with Hyatt House Acquisition

Exterior view of Hyatt House Dallas Uptown hotel

News Summary

OTO Development has entered the Texas market by acquiring the Hyatt House Dallas/Uptown. The four-story extended stay hotel features 141 guest rooms in the Harwood District, which boasts a vibrant mix of residential and commercial spaces. The acquisition marks a strategic expansion for OTO Development, as they plan to enhance the hotel’s amenities and guest experience. Located conveniently near popular attractions and urban greenways, this property aims to cater to both business and leisure travelers.

Dallas, Texas – OTO Development Expands Into Texas with Hyatt House Acquisition

OTO Development, a hotel management and development company based in Spartanburg, South Carolina, has officially entered the Texas market with the acquisition of the Hyatt House Dallas/Uptown. This purchase, finalized on September 4, marks a significant milestone for OTO Development as it seeks to enhance its footprint in the expanding Dallas-Fort Worth Metroplex.

The newly acquired property is a four-story extended stay hotel that features 141 guest rooms. It is ideally located in the Harwood District, an area known for its blend of residential condos, office spaces, restaurants, and other lodging establishments. The hotel is only a five-minute walk away from the popular Katy Trail, an urban greenway that’s well-frequented by local and visiting pedestrians.

Additionally, the Hyatt House Dallas/Uptown is just a few blocks from notable destinations such as The Crescent Court and the American Airlines Center, home to the Dallas Mavericks and the Dallas Stars. This location provides guests with convenient access to both leisure and entertainment options. The distance from the hotel to Dallas-Fort Worth International Airport is approximately a 30-minute drive, adding to the property’s appeal for business and leisure travelers alike.

Hotel Features and Amenities

The Hyatt House Dallas/Uptown is the only extended stay hotel in Uptown Dallas, offering versatile accommodation options that include studio, one-bedroom, and two-bedroom suites. Each suite comes equipped with a full kitchen, work area, and living space, catering well to both short and long-term stay guests.

Hotel amenities include an outdoor pool, a fitness room, a 24/7 business center, and an H Market for grab-and-go snacks. Guests can start their day with a complimentary breakfast, while dinner and drinks can be enjoyed at the onsite H Bar. These offerings aim to provide a comfortable and convenient experience for all visitors.

Future Plans for the Property

Following the acquisition, OTO Development announced plans to refresh various aspects of the hotel. Enhancements will include upgrades to guest rooms, public areas, and outdoor leisure spaces. The company will also bolster the hotel’s operations through a comprehensive corporate support platform. This support will encompass technology, human resources, revenue management, and marketing strategies aimed at optimizing the hotel’s performance and guest experience.

About OTO Development

Founded in 2004, OTO Development is a subsidiary of The Johnson Group and has a well-established reputation in the hotel industry. The company partners with major brands including Hilton, Hyatt, Intercontinental Hotels Group (IHG), and Marriott, owning and/or operating a total of 54 hotels that collectively offer 8,663 room keys across various markets.

OTO’s growth strategy is focused on developing new hotels, acquiring and repurposing existing properties, and enhancing third-party management partnerships. The acquisition of Hyatt House Dallas/Uptown is a strategic move aligning with this growth strategy, highlighting the company’s commitment to expanding its presence in key markets.

The Hyatt House Dallas/Uptown is located at 2914 Harry Hines Boulevard in Dallas, a prime location that is set to attract a diverse clientele ranging from business professionals to tourists visiting the vibrant Uptown area.

Deeper Dive: News & Info About This Topic

HERE Resources

OTO Development Acquires Hyatt House Dallas/Uptown

Additional Resources

OTO Development Expands Into Texas with Hyatt House Acquisition Spartanburg SC

STAFF HERE SPARTANBURG
Author: STAFF HERE SPARTANBURG

The SPARTANBURG STAFF WRITER represents the experienced team at HERESpartanburg.com, your go-to source for actionable local news and information in Spartanburg, Spartanburg County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as the Spartanburg International Festival, Spartanburg ArtWalk, and motorsport events at Spartanburg Speedway. Our coverage extends to key organizations like the Spartanburg Area Chamber of Commerce and the Spartanburg Regional Healthcare System Foundation, plus leading businesses in manufacturing and textiles that power the local economy such as BMW Manufacturing and Milliken & Company. As part of the broader HERE network, including HEREAiken.com, HEREBeaufort.com, HEREChapin.com, HERECharleston.com, HEREClinton.com, HEREColumbia.com, HEREGeorgetown.com, HEREGreenwood.com, HEREGreenville.com, HEREHiltonHead.com, HEREIrmo.com, HEREMyrtleBeach.com, HERENewberry.com, HERERockHill.com, and HERESpartanburg.com, we provide comprehensive, credible insights into South Carolina's dynamic landscape.

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