Developed by OTO Development, the 177-room Courtyard Marriott at 600 Bair Island Road is part of the 33-acre One Marina community development. One Marina incorporates nearly 250 townhomes, as well as public parks and multiple boat slips in a 14-acre marina. The development is one component of the wholesale remake of Redwood City land east of 101 away from more industrial uses.

OTO targets corporate travelers in major business centers such as New York, Boston and the Bay Area. In Redwood City, the Courtyard Marriott is aimed at supporting business travelers coming to Oracle (NASDAQ: ORCL), DreamWorks (NYSE: DWA), Facebook (NASDAQ: FB) and other surrounding companies, according to Jami Johnson, OTO’s regional director of sales.

The Courtyard brand aims to appeal to value- and amenity-conscious business travelers with free Wi-Fi in lobbies and guest rooms. Designed by Oakland’s Architectural Dimensions, the hotel also includ es 178 parking spaces on the first and second floors, with the hotel lobby and support operations. The guest rooms – nine of which are suites – perch on top on the third, fourth and fifth floors and overlook a central, open-air courtyard with a pool and spa.

The hotel’s Courtyard Bistro restaurant will serve breakfast, lunch and dinner along with beer, wine and cocktails.

The hotel’s opening comes at a boom time for tourism and developmenton the Peninsula, largely due to increased business travel to the area. Hotel occupancy rates are at 81 percent and average daily room rates are up 5.6 percent over last year. Many developers have flocked to the area to get a piece of the action: Three new hotels have opened on the Peninsula in the last year and nearly 20 more have been proposed or are already under construction, potentially increasing the current inventory of 17,000 rooms by 18 percent.

OTO is not sharing the room rates at this time, but said they will be “very competitive for the market,” according to Johnson.