North American airport restaurateur OTG Management has successfully completed a new round of financing, with US$1.25bn of new senior secured debt. The move will provide OTG with liquidity and flexibility as well as additional committed capital to continue technological innovation, development of new markets, dining concepts, and locations in airports. Rick Blatstein, CEO of OTG, [...]The post OTG Management secures funding for growth in US airport hospitality appeared first on Passenger Terminal Today.
OTG is a Pennsylvania-based tech-enabled hospitality company that develops and operates restaurants, retail markets, and food halls in airports throughout North America.