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A South Carolina hotel company is making another major bet on St. Pete Beach tourism. OTO Development announced this week it has acquired The Beachcomber Resort, the longtime beachfront hotel home to Jimmy B’s Beach Bar, one of the area’s busiest live music venues. The deal closed May 4.
The acquisition gives OTO Development five hotels across the Tampa Bay region and strengthens the company’s footprint along Gulf Boulevard, where it already owns the neighboring Hilton Garden Inn St. Pete Beach.
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