CANDLEWOOD SUITES DESTIN/MIRAMAR BEACH RIBBON CUTTING AND GRAND OPENING
Contact : Greg Fisher, Director of Sales, The Generation Companies

Septmber 8, 2008
(Miramar Beach, FL) – Candlewood Suites of Destin/Miramar Beach announces its grand opening and ribbon cutting for Tuesday, September 16th from 4:30pm-7:30pm.  Local business owners and residents are encouraged to come out and join the Candlewood team as they celebrate their new home on the Emerald Coast.  Complimentary food and drinks will be provided by Carrabbas Italian Grill and Vintij Wine Boutique along with live music and various door prizes from area vendors. 

Candlewood Suites is a 75 room all suite extended stay hotel which offers mid-scale accommodations for business and leisure travelers.  This is the newest hotel in the Destin/Miramar Beach area and the first branded Candlewood Suites to call the Emerald Coast home.

“I am very proud of the team. Our success is due to their hard work and dedication in providing excellent guest service,” says David Smith, General Manager.

“Candlewood Suites is a growing brand within the IHG family. The number of Candlewood’s may approach 400 nationwide within the next three years. The extended-stay segment is becoming very popular. Guests seem to enjoy the amenities of a condo with the comforts of home.”

The Candlewood Suites Destin/Miramar Beach features fully furbished kitchens with granite countertops, 32” flat screen HDTVs and DVD players in every room.  On the first floor you’ll find a 24 hour fitness center, FREE laundry facility, business center and mini convenience store called the “Cupboard.” Just minutes away from Destin’s sugar white beaches, the Candlewood Suites offers the perfect mix of business and pleasure..

“We are excited to be back in the Destin market with our new Candlewood Suites hotel,” says Mark Daley, President of Generation Companies.

“The combination of a great extended stay hotel product like Candlewood along with our award-winning customer service is sure to please many Destin visitors.  David Smith and his team have already posted some of the highest guest satisfaction scores ever achieved for the brand.  We welcome all to come and see for themselves why.”

The Generation Companies is a Research Triangle Park, North Carolina-based real estate developer, asset manager and operator of extended-stay hotels in North Carolina, Virginia, Florida and Tennessee. Generation has more than 2400 hotel rooms and $200 million in real estate assets under management, and employs over 350 associates at 24 properties, with more under construction. Generation is actively seeking new acquisition and development opportunities in the extended stay segment. For more about Generation, visit www.generationcompanies.com.