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ST. JOE CLUB & RESORTS NOW MANAGING THE PEARL IN ROSEMARY BEACH, FLORIDA

WATERSOUND, Fla. - (July 10, 2014) – St. Joe Club & ResortsSM announces it has signed an agreement to manage The Pearl, a 55-room luxury resort hotel in Rosemary Beach, Florida. Located along the Emerald Coast’s famed 30-A corridor, the boutique hotel boasts a restaurant, a poolside bar and dining area, a full-service spa, swimming pool, dedicated beach and meeting and event space. "We’re pleased to have been selected to manage The Pearl through our highly acclaimed St. Joe Club & Resorts brand," said Patrick Murphy, Senior Vice President of Operations for The St. Joe Company. "The Pearl is a beautifully designed and decorated hotel with outstanding amenities. St. Joe Club & Resorts has created a niche in managing luxury resorts, vacation homes, properties and amenities along 30-A, and The Pearl is an excellent fit for our strengths and expertise. An elegant boutique hotel combined with exemplary service and outstanding amenities will provide The Pearl guests and patrons a memorable and best-in-class resort experience. "

One of the benefits of St. Joe Club & Resorts managing this unique hotel property is that guests enjoy access to the private membership club’s amenities during their stay at The Pearl including Shark’s Tooth Golf Club, The Beach Club at Watersound® and Camp Creek® Golf Club as well as any activities offered such as Kids’ Camp, paddle boarding or special events. The St. Joe Company announced last November the launch of St. Joe Club & Resorts, the Company’s private membership club that also offers management services for luxury resorts, vacation homes and amenities.

The Pearl’s 55 luxurious guest rooms comprise 45 traditional rooms and 10 suites, one of which is The Pearl suite, boasting a spacious observatory room overlooking the Gulf. Each room provides a private balcony with views of the Gulf of Mexico or the town and is equipped with Apple TV, Direct TV and complimentary high-speed Internet. Registered guests of the hotel enjoy complimentary beach chairs and umbrellas. The resort hotel offers Havana Beach restaurant, serving Gulf Coast Americana cuisine with Creole, Cajun and Cuban influences for brunch and dinner. The full service spa also offers poolside treatment cabanas.


About The Pearl
The Pearl is a 55-room luxury boutique resort located in Rosemary Beach, Florida. The resort hotel offers the Havana Beach restaurant, serving Gulf Coast Americana cuisine for brunch and dinner, as well as a full-service spa, swimming pool and hot tub, dedicated beach with complimentary beach chairs and umbrellas. Each room offers its own private balcony with Gulf or town views and is equipped with Apple TV, Direct TV and high-speed wireless internet. The resort hotel is a member of Preferred Boutique and the Southern Living Hotel Collection. For more information visit: www.thepearlrb.com..

About St. Joe Club & Resorts
St. Joe Club & Resorts SM is an exclusive membership club that provides access to a diverse offering of benefits and privileges at St. Joe owned and operated amenities and facilities. Amenities include the Beach Club at WaterSound®; three 18-hole championship golf courses-Shark’s Tooth, Camp Creek® and SouthWood; one six-hole executive golf course-OriginsSM; two tennis facilities; and a fitness center. Numerous privileges including dining, recreational activities and social events are also offered. More information can be found on its website at www.stjoeclub.com. St. Joe Club & Resorts is operated by Troon.

About The St. Joe Company
The St. Joe Company is a Florida-based real estate developer and manager. The Company owns land concentrated primarily in Northwest Florida and has significant residential and commercial land-use entitlements in hand or in process. The Company also owns various commercial, resort and club properties. More information about the Company can be found on its website at www.joe.com.


© 2014, The St. Joe Company. "St. Joe®", "JOE®", "WaterSound®", "Camp Creek®" and the "Taking Flight" Design® and "St. Joe (and Taking Flight Design)®" are registered service marks of The St. Joe Company or its affiliates. "St. Joe Club & ResortsSM" and "OriginsSM" are service marks of The St. Joe Company or its affiliates.


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