The Generation Companies

Generation Opens New Staybridge Suites Extended-Stay Hotel in Jacksonville, Florida

March 19 , 2008
(RESEARCH TRIANGLE PARK, NC) Recently, The Generation Companies LLC (Generation) opened the Staybridge Suites-Jacksonville, Florida, a 120-suite upscale extended-stay hotel at 8511 Touchton Road. This hotel is the first Staybridge Suites in Jacksonville and is part of the Deerwood Lake development. "We are pleased to introduce the greater Jacksonville area to Staybridge Suites," said Generation President & CEO, H. Mark Daley, III. "Our award-winning service culture combined with this new-build, upscale, extended-stay project creates a compelling hospitality offering that guests will enjoy." Staybridge General Manager Rolf Holte concurred." Jacksonville will love the warmth and upscale feel that this suites hotel brings to the market." Generation is a Research Triangle Park, North Carolina owner, developer, asset manager and operator of extended-stay hotels in Florida, North Carolina, Georgia, Tennessee and Virginia.

Guests at the property can choose from three suite options (deluxe studio, one-bedroom and two-bedroom/two-bath), with rates ranging from $179 to $229 a night. All suites feature spacious, fully-equipped kitchens; in-room LCD TVs with DVD/CD players; and functional, well-lit work stations with ergonomic seating and free access to high-speed Internet. Unique amenities include a complimentary guest laundry and workout facilities, deluxe complimentary daily breakfast buffet, a 24-hour convenience store and business services center. In addition, guests will enjoy gathering in the brands newly designed Great Room for evening "Sundowner" receptions three days a week with complimentary heavy refreshments, beer and wine. For reservations, call the hotel at 904.253.7020 or www.staybridge.com.

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 300 associates at 23 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.