The St. Joe Company Announces Plans for a Home2 Suites by Hilton Hotel in Santa Rosa Beach, Florida
Plans call for the four-story hotel to feature 107 guest rooms including some one-bedroom suites. The amenities are planned to include a pool, a fitness center and an outdoor lounge with a fire pit. All Home2 Suites by Hilton hotels provide guests with free WiFi and complimentary breakfast. The planned location for the hotel is less than one mile from the iconic
“This hotel is a great fit for this location and is a great complement to our other hotels in the area,” said
Once complete, the planned hotel will be managed by St. Joe. The Company owns or operates five hotels and with this planned Home2 Suites by Hilton hotel, it will have an additional six hotels under development or construction. Upon their completion, these projects will bring St. Joe’s hotel portfolio to 1,170 rooms.
St. Joe intends to break ground on the planned Home2 Suites by Hilton hotel later in 2021 and anticipates a 2023 opening.
Important Notice Regarding Forward-Looking Statements
This press release contains “forward-looking statements,” within the meaning of Section 21E of the Exchange Act, including statements regarding the proposed Home2 Suites by Hilton hotel. These forward-looking statements are qualified in their entirety by cautionary statements and risk factors set forth in St. Joe’s filings with the
About
About Home2 Suites by Hilton
Home2 Suites by Hilton, one of the fastest-growing brands in Hilton’s history, is a mid-tier, all-suite, award-winning extended-stay hotel concept designed to offer stylish accommodations with flexible guestroom configurations and inspired amenities for the cost-conscious guest. With a commitment to environmentally friendly products and hotel operations, Home2 Suites by Hilton offers complimentary breakfast selections, innovative and customizable guestroom designs, laundry and fitness areas, complimentary WiFi, multiple outdoor spaces, 24-hour business centers, expansive community spaces and pet-friendly environments. Home2 Suites by Hilton has more than 475 hotels with 440 in development.
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St. Joe Investor Relations Contact:
Chief Financial Officer
1-866-417-7132
marek.bakun@joe.com
St. Joe Media Relations Contact:
Corporate Director of Marketing
1-850-231-6426
mike.kerrigan@joe.com
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