St. Joe Launches Private Club And Expands Vacation Rental Program

The St. Joe Company (NYSE: JOE) (“St. Joe”) today announced that it is launching St. Joe Club & Resorts SM, a private membership club that will provide access to a diverse offering of benefits and privileges at Shark’s Tooth Golf Club, WaterSound® Beach Club and Camp Creek® Golf Club in addition to other St. Joe® owned and operated facilities such as the award-winning WaterColor® Inn & Resort and Fish Out of Water® restaurant. As part of St. Joe Club & Resorts, the Company is expanding its vacation rental management services. Traditionally, St. Joe has only managed luxury homes in its real estate developments of the WaterColor and WaterSound Beach communities, but now it is offering luxury vacation home management services to homeowners in communities along the prestigious Highway 30A.

“Given the company’s proven track record of managing award-winning club and resort operations and the increasing vacation-rental occupancies in this region of Florida, the timing is right to expand our luxury vacation home management operations,” says Park Brady, CEO for The St. Joe Company. “This is a game changer for the business of vacation rental management on 30A. We believe our owners already have the best property management and resort rental rates. We are now giving our owners membership in and their rental guests access to St. Joe Club & Resorts. This significant competitive advantage will be of great benefit to the owners in the St. Joe Club and Resorts vacation rental program. In addition, we are providing a better value to our current club members through a more enhanced membership program.”

Homeowners who have St. Joe Club & Resorts manage their vacation home may become members of St. Joe Club and Resorts, which will provide them and their rental guests access to amenities and benefits not available to the public. “We are adding value to homeowners for choosing St. Joe Club & Resorts rental management over that of other vacation rental companies,” said Patrick Murphy, Vice President of Operations for The St. Joe Company. “Registered guests and the owners of St. Joe-managed vacation homes will have access to Camp Creek Golf Club, the WaterSound Beach Club and Shark’s Tooth Golf Club.”

St. Joe Club & Resorts amenities include the WaterSound Beach Club; three 18-hole championship golf courses—Shark’s Tooth, Camp Creek and SouthWood; one six-hole executive golf course—Origins SM; two tennis facilities; and a fitness center as well as numerous privileges including dining, recreational activities and social events. Four membership levels are available: Full, Limited Golf, Social and Resort and access to facilities or benefits are based on membership level.

“St. Joe has built a reputation of providing quality service as demonstrated through the numerous accolades the WaterColor Inn and Resort has received, including the recent Forbes Four-Star Resort rating,” continued Murphy. “Striving to exceed this level of excellence is a guiding principle as we launch St. Joe Club & Resorts and a broader luxury vacation home rental program.”

St. Joe Club & Resorts rental management is soliciting homeowners to join its program. St. Joe Club & Resorts offerings will begin January 1, 2014. As of March 1, 2014, Camp Creek and Shark’s Tooth Golf Clubs will be private clubs and only members of St. Joe Club & Resorts and St. Joe Club & Resorts’ registered guests will be eligible to play.

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.

About St. Joe Club & Resorts

St. Joe Club & Resorts 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 WaterSound Beach Club; three 18-hole championship golf courses—Shark’s Tooth, Camp Creek and SouthWood; one six-hole executive golf course—Origins; 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.

© 2013, The St. Joe Company. “St. Joe ® ”, “JOE ® ”, ”WaterColor ® ”, “WaterSound ® ”, “Camp Creek ® ”, “Fish Out of Water ®”,

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 & Resorts SM ” and “Origins SM” are service marks of The St. Joe Company or its affiliates.

Copyright Business Wire 2010

More from Press Releases

NFL Pushes for Regulation Following Supreme Court's Sports Gambling Ruling

NFL Pushes for Regulation Following Supreme Court's Sports Gambling Ruling

21st Century Fox Scoops Up Local News Stations

21st Century Fox Scoops Up Local News Stations

Walmart CEO: 'We Are Transforming Globally' With Flipkart

Walmart CEO: 'We Are Transforming Globally' With Flipkart

Three-Part FREE Webinar Series

Three-Part FREE Webinar Series

March 24 Full-Day Course Offering: Professional Approach to Trading SPX

March 24 Full-Day Course Offering: Professional Approach to Trading SPX