© 2021
Radio Website Header-Waves 6 3.0.jpg
Play Live Radio
Next Up:
Available On Air Stations

Hotel Construction Strong But Challenged

South Carolina Business Review logo

If you haven’t noticed, there are a lot of new hotels under construction in our state.  In fact, the number is at a high for the current growth cycle.  But our next guest says that this growth is not without its challenges.

Mike Switzer interviews Bruce Collins with OTO Development, a hotel builder, owner, and operator in Spartanburg, SC that specializes in energy and environmentally-friendly hotel construction.

After almost 20 years, Mike Switzer retired from Wells Fargo Securities in 2001 as Senior Vice President/Investment Officer and Certified Portfolio Manager. In 1999, he and his wife, Maggie, purchased and operated for eight years the Baskin Robbins ice cream store on Forest Drive in Columbia. They grew the store from a bottom-tier operation in the Baskin Robbins franchise system to one in the top 5% nationwide within three years, tripling sales along the way. While operating the ice cream store, Mike and Maggie received patents for a portable ice cream sink and fold-down sneezeguard they invented and in 2002 started Magnolia Carts, an ice cream cart manufacturing company, which they sold in 2013.