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WATERCOLOR INN AND RESORT HONORED BY PREFERRED HOTEL GROUP FOR ITS ENVIRONMENTAL STEWARDSHIP

$5,000 Donation Made to Choctawhatchee Basin Alliance by Ueberroth Family Foundation

Santa Rosa Beach, FL (January 2, 2008) – The WaterColor Inn and Resort, one of the Gulf Coast's premier AAA Four Diamond destination resorts, has been honored with a Certificate of Excellence by the Preferred Hotel Group for its on-going commitment to environmental stewardship.

Recognized by Preferred Hotel's GIFTTS program, (Great Initiatives for Today's /Tomorrow's Society), the Certificate of Excellence acknowledges exceptional actions on behalf of its member hotels and employees in the areas of philanthropy, environmental well-being and community service.

In conjunction with this honor, The Ueberroth Family Foundation, a private philanthropic organization founded by the family that owns and operates Preferred Hotel Group, has pledged a donation of $5,000 to support a charity chosen by WaterColor. The charity, the Choctawatchee Basin Alliance, is committed to encouraging sustainable development and protecting and preserving the natural resources of the Choctawhatchee River and Bay in Walton County, Florida, where the resort is located.

"All of our employees have contributed to making WaterColor a more environmentally friendly resort," said Stephen Hilliard, vice president resort & club operations for The St. Joe Company, owners of the award-winning property. "We are proud to know our efforts are ensuring the natural beauty of this area will be preserved for the enjoyment of generations to come."

WaterColor Inn and Resort's environmental initiatives have been spurred on by its participation in Florida's voluntary Green Lodging program, which encourages hotels to adopt cost-saving "green" practices that reduce waste, protect natural resources and conserve energy. To meet the standards of the Green Lodging program, the resort has implemented multiple improvements by installing ENERGY STAR™ appliances and equipment, installing low flow water fixtures, and utilizing environmentally friendly cleaning products and recycled paper in its offices. These efforts, combined with an underlying commitment to protect the region's native wildlife, were instrumental in WaterColor earning its Certificate of Excellence.

About WaterColor Inn & Resort
Voted one of the "Top 50 Mainland U.S. Resorts" by readers of Condé Nast Traveler and "Best Hotel in Florida" by the readers of Travel + Leisure, the David Rockwell-designed WaterColor Inn and Resort offers upscale accommodations and countless amenities for guests of all ages and interests. The scenic surroundings at WaterColor include lakefront parks, lush woodlands, coastal dunes and a pristine white-sand beach on northwest Florida's Gulf Coast. Among the many amenities offered are tennis, golf; a Bike Barn and Boat House offering complimentary kayak, canoe, fishing gear and bicycle rentals; a full-service spa; upscale shopping at the TownCenter, fine dining at Fish Out of Water, and the Camp WaterColor kids program. For more information about the WaterColor Inn and Resort, visit www.watercolorresort.com or call 866-426-2656.

About Noble House Hotels & Resorts
Founded in 1994, Noble House Hotels & Resorts is a privately held real estate development company based in Seattle, Washington. The company owns and manages 13 boutique hotels and resorts located in five states and spanning the four coastal corners of the U.S. The Noble House collection includes such renowned properties as The Adolphus in Dallas, Texas; Little Palm Island Resort & Spa in the Florida Keys and The Edgewater in Seattle, Washington. For more information or to book reservations, visit the Noble House Hotels & Resorts website at www.noblehousehotels.com. (chain code NC.)

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Watercolor Inn & Resort

HWY 30A, Santa Rosa Beach, FL


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