Sterling Resorts Promotes Oliver to General Manager of Panama City Beach Properties

New GM Joined Company in 2003 as Front Desk Manager

. October 14, 2008

DESTIN, Fla. - Sept. 27, 2005 - Sterling Resorts announced today the promotion of Daniel Oliver to general manager of its Sterling Beach and Sterling Reef vacation condominium properties in Panama City Beach, Fla.

Oliver, who has nine years of experience in the hospitality industry, most recently served as a Sterling service manager for Sterling Resorts' five properties in Panama City Beach. He joined the company in 2003 as a front desk manager at Sterling Beach.

"Daniel has been a very integral part of both properties' success, and we are pleased to promote him to the general manager position," said Ron Mote, Sterling Resorts' director of resort operations. "Daniel will play a vital role in positioning and strengthening Sterling Beach and Sterling Reef as two of Sterling Resorts' premier signature properties, and we are confident that he will do an outstanding job."

Oliver received a bachelor's degree in management from the University of Florida, and currently resides in Panama City Beach, Fla.

Sterling Resorts, a resort vacation rental management and real estate company located in Destin, Fla., offers beautiful homes and condominiums for vacation rental in Northwest Florida and Biloxi, Miss.

With more than 500 beachfront condominiums and vacation homes available for rent, including studios, one- to four-bedroom units and penthouse suites, Sterling's mission is to provide the highest-quality vacation experience on the Emerald Coast. All Sterling Resorts condominiums feature a fully equipped kitchen, a king-size bed, washer and dryer, Jacuzzi tubs, refrigerator with icemaker, cable TV and VCR, and a private balcony.

In addition to a wide selection of vacation rentals, Sterling Resorts guests receive all the benefits of the Sterling Plus program, including a check-in orientation for new arrivals, a first-morning coffee-starter kit, onsite equipment rentals, discounts at participating restaurants and upgraded bath amenities.

Sterling Resorts, which is part of the Cornerstone Development family of companies, provides a complete range of resort development, rental and property management, and real estate services. Cornerstone developed and owns Kelly Plantation, a golf and waterfront community in Destin, Fla., and Sterling Golf and Yacht Club at Bay Point Resort in Panama City Beach, Fla.

For reservations or more information, visit www.SterlingResorts.com or call 1-866-5RESORT. For more information on Sterling Realty, log onto www.SterlingRealtySales.com.

For more information, contact:

Carla Parks at (407) 261-5716 or [email protected]

Business Contact:

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