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The Generation Companies Opens the 122-room Home2 Suites by Hilton
Charleston Airport/Convention Center in North Charleston, South Carolina

(RESEARCH TRIANGLE PARK, NC) The Generation Companies, LLC (Generation), an extraordinary real estate developer, owner, receiver, asset manager and operator of extended-stay hotels, recently celebrated the opening and sale of its Home2 Suites by Hilton Charleston Airport/Convention Center in North Charleston, South Carolina.  Generation was the developer for the project, handling the site identification and acquisition, design, entitlements, construction, purchasing and opening of the hotel, which was then sold to one of the industry’s top institutional owners.

The Home2 Suites by Hilton Charleston Airport/Convention Center is an upper mid-tier, 122-room extended-stay hotel with a “hip and humble” design and decor.  “The hotel has incredibly good access to I-26 and I-526, the Charleston International Airport and Air Force Base, the Charleston Convention Center, Coliseum and Performing Arts Center, the Tanger Outlet Mall and the new Boeing 787 Dreamliner plant,” Jeff Castleberry, Generation’s Director of Acquisitions, pointed out. “Generation conducted research to identify high performance markets during the downturn and discovered the Charleston market was doing well with a stable economy due to military and corporate support.  The decision by Boeing to open the Dreamliner plant at that location was a great bonus, and further strengthened an already strong market.”

According to William F. Smith, Generation’s Managing Director, Real Estate & Construction, the project was on the fast track since the ground-breaking on March 31st.  "We received the permanent Certificate of Occupancy only seven months later on October 31st.  We opened the hotel to guests on November 10,” he said. “While we’ve been told this is the fastest completion of a Home2 Suites to date, it was a careful balancing of speed with quality. Hilton is rigorous in its quality standards and assiduously checks all details to make sure everything is perfect.  We are very appreciative of the support we received from the Hilton Home2 brand team members.  Generation is an award-winning developer of Hilton hotels.  This hotel was developed in that same manner.”

“We are delighted to bring this hotel brand to the Charleston market and to continue our legacy of being at the forefront of progressive, extended-stay lodging offerings,” said Generation President H. Mark Daley. “It was a pleasure serving as the development partner for one of the most prominent institutional hotel owners in the industry.”

The Generation Companies is a Research Triangle Park, North Carolina-based real estate developer, asset manager and operator of extended-stay hotels in North Carolina, South Carolina, Virginia, Florida, Georgia, Kentucky, Texas and Tennessee.  Generation has more than 3,100 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 segment.  For more about Generation, visit

H. Mark Daley,  III
The Generation Companies, LLC
(O) 919-361-9000

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Also See: The 79-suite Home2 Suites by Hilton Opens in West Valley City, Utah; The Brand's First to Break Ground Less Than Nine Months Ago is Owned by HWV, LLC and Managed by Inn Management, Inc / October 2011

The 128-suite Home2 Suites by Hilton Opens in San Antonio, Texas; The Brand's Fourth Opened U.S. Property is Owned and Managed by Baywood Hotels / October 2011

New Vision Ventures Breaks Ground on Home2 Suites by Hilton in Jackson, Mississippi to be Owned by New Vision Ridgeland Hotel, LCC and Managed by New Vision Hotel Management, LCC / August 2011

Thomas Properties Mississippi LLC and Thomas Builders Inc. Break Ground on 100-suite Home2 Suites by Hilton D'Iberville in Mississippi / July 2011

Magnolia Lodging Development and Shinn Stonebriar Hospitality Break Ground on 122-suite Home2 Suites by Hilton in Frisco, Texas / July 2011

Baywood Hotels and Park Hospitality Opens 95-suite Home2 Suites by Hilton® in Baltimore, Maryland / June 2011

Home2 Suites By Hilton® Celebrates Second Property Grand Opening in Layton, Utah; Brand Commemorates Event with Local Business Community and Honors Partner Charity / May 2011

Home2 Suites By Hilton® and The Generation Companies to Build 122-room North Charleston Home2 Suites in North Charleston, South Carolina / April 2011

Hilton Worldwide Celebrates Grand Opening of its First Home2 Suites By Hilton® and Kicks off a Local Charitable Community Relations Program at the Fayetteville, North Carolina Property / March 2011

Western States Lodging and Management Opens 107-room Home2 Suites by Hilton® in Layton, Utah, owned by Summit Lodging, ESP / March 2011

Hilton Worldwide and HWV, LLC Break Ground on New Home2 Suites by Hilton in West Valley City, Utah / January 2011

Lexington Park Hotel Partners and Hilton Worlwide Break Ground on New LEED Certified Home2 Suites by Hilton® in Lexington Park, Maryland / November 2010

Baywood Hotels Combining History and Moderism in New Home2 Suites by Hilton® in Historic San Antonio Property Near River Walk / September 2010

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