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New owners of Holiday Inn Resort promise upgrades
New owners of Holiday Inn Resort promise upgrades
By Elly Cosgrove | December 28, 2020 at 10:40 PM EST - Updated December 29 at 3:56 PM
WRIGHTSVILLE BEACH, N.C. (WECT) - After two years of talks, OTO Development, a hotel development and management company, acquired the Holiday Inn Resort at Wrightsville Beach last week and plans major upgrades.
OTO Development, based out of Spartanburg, S.C., prides itself on its ability to purchase and re-purpose existing assets in prime locations, according to a press release.
Although the travel and hospitality industries have taken a hit as a result of this pandemic, OTO Development feels confident in the type of safe vacation a hotel like the Holiday Inn Resort can provide. ....

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