New Home2Suites by Hilton Opens in Time for Masters

Generation Opens New Home2Suites by Hilton Near Augusta National

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. March 21, 2013

RESEARCH TRIANGLE PARK, NC - March 21, 2013 - In time for April's The Masters, professional golf's most prestigious major championship, Generation is opening the Augusta, Georgia Home2 Suites by Hilton. The hotel is at the intersection of I-520 and I-20 near the Augusta Exchange, an 87-acre regional power center with extensive shopping and restaurant facilities, and is just three miles from the Augusta National Golf Course. From ground-breaking to grand opening, the hotel was completed in a record-breaking seven months. “It takes an extensive amount of planning and coordination to develop and construct this quickly and still deliver a superior product that meets or exceeds all building codes and Hilton standards,” said William Smith, Managing Director, Real Estate & Construction at Generation. “We're proud of our accomplishment.”

The 123-suite, four-story, upper mid-tier hotel brand brings a hip and humble design to its target audience: the savvy and sophisticated yet value-conscious extended-stay guest. Generation was the developer for the project, handling the site identification and acquisition, design, entitlements, construction, purchasing and opening of the hotel. The hotel is owned by Generation Suites of Augusta, LLC and will be managed by The Generation Companies. Home2 is the fastest growing brand in Hilton Worldwide history.

“All of us at The Generation Companies are excited to be bringing the most progressive product concept in extended-stay lodging to the greater Augusta area ,” said Generation President, H. Mark Daley, III. “Add to that our award-winning hotel operations team and the product-service combination is going to make a lot of visitors to the Augusta market, whether leisure or corporate, quite pleased. And having this hotel open in time for the 2013 Masters is a great opportunity to showcase what we have to offer.”

Guests of the new property will enjoy attractive suites outfitted with 42" flat screen televisions, refrigerator, microwave, dishwasher and comfortable, flexible living space that can be customized for eating, working or relaxing. Guest amenities will include the Home2 Market for grab-and-go convenience foods and products, a combined laundry and fitness area, a 24-hour business center with complimentary wireless printing, exterior resort-style pool and grilling area and expansive outdoor community spaces including a fire pit and putting green. The hotel will utilize environmentally-friendly products and practices, including recycling bins throughout the property and bulk-purchased guest room supplies. To learn more about the hotel, go to www.news.home2suites.com.

The Generation Companies is a Research Triangle Park, North Carolina-based real estate developer, owner, receiver, asset manager and operator of extended-stay hotels in North Carolina, South Carolina, Virginia, Florida, Georgia, Texas and Tennessee. Generation has more than 3000 rooms and 300 team members at 27 properties, with more hotels coming soon. Generation is actively pursuing merchant development and management opportunities with multiple institutional owners in the extended-stay and select-service segment. For more about Generation, visit www.generationcompanies.com.