{"id":1005878,"date":"2026-09-24T17:38:29","date_gmt":"2026-09-24T21:38:29","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/the-st-joe-company-announces-year-over-year-growth-across-its-portfolio-of-12-hotels-and-resorts-during-the-summer-season\/"},"modified":"2026-09-24T17:38:29","modified_gmt":"2026-09-24T21:38:29","slug":"the-st-joe-company-announces-year-over-year-growth-across-its-portfolio-of-12-hotels-and-resorts-during-the-summer-season","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/the-st-joe-company-announces-year-over-year-growth-across-its-portfolio-of-12-hotels-and-resorts-during-the-summer-season\/","title":{"rendered":"The St. Joe Company Announces Year-Over-Year Growth Across Its Portfolio of 12 Hotels and Resorts During the Summer Season"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwuline { text-decoration: underline }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>The St. Joe Company Announces Year-Over-Year Growth Across Its Portfolio of 12 Hotels and Resorts During the Summer Season<\/b><\/p>\n<p class=\"bwalignc\"><b><i>Hotels and Resorts Welcomed Guests from All 50 States<\/i><\/b><\/p>\n<p>PANAMA CITY BEACH, Fla.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nThe St. Joe Company (NYSE: JOE) (\u201cSt. Joe\u201d) (the \u201cCompany\u201d) announces year-over-year growth in occupancy and average daily rate (\u201cADR\u201d) across its portfolio of 12 hotels and resorts in Bay and Walton counties during this year\u2019s summer travel season.*<\/p>\n<p>\n\u201cOur ability to grow occupancy while increasing ADR is encouraging and speaks to the quality of our portfolio and the high-level service and experiences our hospitality teams provide,\u201d said Jorge Gonzalez, St. Joe President, Chief Executive Officer and Chairman of the Board. \u201cWe have been intentional about investing in hospitality assets that offer differentiated experiences and appeal to a wide range of travelers and that strategy appears to be generating positive results for our hotel portfolio.\u201d<\/p>\n<p>\nThese results came as the Company continued efforts to expand awareness of Northwest Florida and its hospitality offerings among travelers beyond the traditional drive market. Guests have traveled to the Company\u2019s hotels and resorts from all 50 states with Texas representing the top feeder state for the 30A hotel portfolio. Revenue and room nights increased from metropolitan areas outside of the Southeast, like Chicago and Oklahoma City. The New York metropolitan area emerged as the fastest growing feeder market in revenue and room nights among those with nonstop air service to the region.<\/p>\n<p>\nThe growth in New York followed increased marketing efforts by the Company in the New York metropolitan area designed to introduce new audiences to the \u201cWatersound<sup>\u00ae<\/sup> collection of places and experiences\u201d in Northwest Florida and to capitalize on the nonstop Delta Airlines flights from LGA to ECP.<\/p>\n<p>\n\u201cThe performance of our hospitality portfolio this summer demonstrates the value of the investments we have made in creating high-quality hospitality assets and building awareness of Northwest Florida among travelers from markets across the country,\u201d added Gonzalez. \u201cThe growth we are seeing from places like New York reinforces our strategy of increasing awareness in markets with convenient air access to Northwest Florida. With nonstop service connecting our area to seven of the ten largest MSAs in the country, we see significant opportunity to expand our reach.\u201d<\/p>\n<p>\nSt. Joe plans to continue its increased marketing presence in the New York metropolitan area during the 2026\u20132027 winter season, with efforts focused on driving awareness of Northwest Florida as a winter destination and promoting the accessibility of the region.<\/p>\n<p>\n\u201cThe performance of our hospitality assets this summer demonstrates the appeal of our properties and the experiences our teams provide during one of the region\u2019s busiest travel seasons,\u201d said Patrick Murphy, St. Joe Senior Vice President of Hospitality. \u201cThe growth we have seen from New York and other areas outside the Southeast is particularly encouraging and highlights the opportunity to introduce our area to new audiences even beyond the traditional summer travel season. As we look ahead to winter, we plan to build on that momentum by continuing to promote the region and our hospitality offerings.\u201d<\/p>\n<p>\nSt. Joe\u2019s portfolio of 12 hotels and resorts throughout Bay and Walton counties is part of the broader Watersound collection of places and experiences across Northwest Florida. Ranging from select-service hotels to luxury beachfront resorts and properties offering access to the Watersound Club<sup>\u00ae<\/sup> lifestyle, the hospitality portfolio serves leisure, group, business and other travelers across a variety of price points and travel occasions. The broader Watersound collection brings together hotels, restaurants, communities, clubs and experiences that showcase the quality and lifestyle associated with Northwest Florida. To explore the collection, view the Watersound Visitor Guide <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fissuu.com%2Fstjoecompany%2Fdocs%2Fwatersound_visitor_guide%3Ffr%3DxKAE9_zMzMw&amp;esheet=54610551&amp;newsitemid=20260924390281&amp;lan=en-US&amp;anchor=here&amp;index=1&amp;md5=71fe9430daa6fab422812266349988bf\">here<\/a>.<\/p>\n<p><i>*Comparing Friday, May 23, 2025 through Monday, September 8, 2025 and Friday, May 22, 2026 through Monday, September 7, 2026, including the Memorial Day and Labor Day weekends for both date ranges<\/i><\/p>\n<p><b><span class=\"bwuline\">Important Notice Regarding Forward-Looking Statements<\/span><\/b><\/p>\n<p>\nThis press release contains \u201cforward-looking statements,\u201d within the meaning of Section 21E of the Securities Exchange Act of 1934, including statements regarding the Company\u2019s ability to generate year-over-year growth and increase ADR, the value of and positive results generated by the investments the Company has made in hospitality assets, the Company\u2019s marketing efforts outside the Southeast, and expectations for the winter travel season. These forward-looking statements are qualified in their entirety by cautionary statements and risk factors set forth in St. Joe\u2019s filings with the SEC, including its Annual Report on Form 10-K for the year ended December 31, 2025 and subsequent current report filings, as well as the following: (1) the continued offering of nonstop flights by airlines to large MSAs across the country, (2) the ability of the Company to continue to build awareness of Northwest Florida in markets across the country and (3) unfavorable weather during the winter travel season.<\/p>\n<p><b><span class=\"bwuline\">About The St. Joe Company<\/span><\/b><\/p>\n<p>\nThe St. Joe Company (\u201cCompany\u201d) is a diversified Florida real estate development, asset management and operating company with real estate assets and operations in Northwest Florida. The Company intends to use existing assets for residential, hospitality and commercial ventures and has significant residential and commercial land-use entitlements. The Company actively seeks higher and better uses for its real estate assets through a range of development activities. More information about St. Joe can be found on its website at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.joe.com%2F&amp;esheet=54610551&amp;newsitemid=20260924390281&amp;lan=en-US&amp;anchor=joe.com&amp;index=2&amp;md5=197cd5b8f008550ce50ccba6060d59d5\">joe.com<\/a>.<\/p>\n<p>\n\u00a92026 The St Joe Company. All Rights Reserved. \u201cSt. Joe<sup>\u00ae<\/sup>,\u201d \u201cJOE<sup>\u00ae<\/sup>,\u201d the \u201cTaking Flight\u201d Design<sup>\u00ae<\/sup>,\u201d and \u201cSt. Joe (and Taking Flight Design)<sup>\u00ae<\/sup>,\u201d \u201cWatersound Club<sup>\u00ae<\/sup>,\u201d and \u201cWatersound<sup>\u00ae<\/sup>,\u201d are service marks of The St. Joe Company.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260924390281r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20260924390281\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20260924390281\/en\/<\/a><\/span><\/p>\n<p>\nSt. Joe Investor Relations Contact:<br \/>\n<br \/>Marek Bakun<br \/>\n<br \/>Chief Financial Officer<br \/>\n<br \/>1-866-417-7132<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:marek.bakun@joe.com\">marek.bakun@joe.com<\/a><\/p>\n<p>\nSt. Joe Media Relations Contact:<br \/>\n<br \/>Mary Beth Lovingood<br \/>\n<br \/>Corporate Director of Marketing &amp; Communications<br \/>\n<br \/>850-231-6583<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:marybeth.lovingood@joe.com\">marybeth.lovingood@joe.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America Florida<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Other Construction &amp; Property Other Travel Commercial Building &amp; Real Estate Lodging Construction &amp; Property Building Systems Travel<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20260924390281\/en\/253442\/3\/StJoe_Logo_500x165.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>The St. Joe Company Announces Year-Over-Year Growth Across Its Portfolio of 12 Hotels and Resorts During the Summer Season Hotels and Resorts Welcomed Guests from All 50 States PANAMA CITY BEACH, Fla.&#8211;(BUSINESS WIRE)&#8211; The St. Joe Company (NYSE: JOE) (\u201cSt. Joe\u201d) (the \u201cCompany\u201d) announces year-over-year growth in occupancy and average daily rate (\u201cADR\u201d) across its portfolio of 12 hotels and resorts in Bay and Walton counties during this year\u2019s summer travel season.* \u201cOur ability to grow occupancy while increasing ADR is encouraging and speaks to the quality of our portfolio and the high-level service and experiences our hospitality teams provide,\u201d said Jorge Gonzalez, St. Joe President, Chief Executive Officer and Chairman of the Board. \u201cWe have been intentional about investing &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/the-st-joe-company-announces-year-over-year-growth-across-its-portfolio-of-12-hotels-and-resorts-during-the-summer-season\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;The St. Joe Company Announces Year-Over-Year Growth Across Its Portfolio of 12 Hotels and Resorts During the Summer Season&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-1005878","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.5 - 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