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The Generation Companies |
1822 East Hwy 54 Suite 300
Durham, NC 27713 |
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Company Description |
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The Generation Companies is a developer/owner and operator of high quality, comfortable extended stay hotels. With 19 properties currently operating in the southeastern US and more to come, many excellent career opportunities are available with The Generation Companies.
At The Generation Companies our properties and people reflect our commitment to excellence that was built on years of tradition in the hotel industry. We know that the best way to serve our guests and employees is to remember our roots and maintain a clear vision of how we want to grow to leave a proud legacy ... for future generations. |
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Why People Like to Work for Us |
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- We have been awarded many awards...
Quality Assurance Award Candlewood Corporate strives on the cleanliness and quality of the guest suites, to provide exceptional value to our family of guests. This award is given to the properties who rank in the Top Ten (of 106 properties nationwide) in Quality Assurance Scores. Congratulations to Candlewood Suites Raleigh Crabtree for ranking #3!- Platinum Rule Award - Best Place to Work
- Platinum Rule Award - Best Culture Award
"The culture award honors companies with unusual personalities that encourage employees to stay for long term. It focuses on the unique aspects of the culture that differentiates the company from another business and that is valued by employees" -- Triangle Business Journal - TBJ's Top 100 Owners and Devlopers &
50 Fastest Growing Private Companies
"Despite a difficult economy this remarkable company rose to the challenge and achieved a ranking in the 50 fastest Growing Private Companies and The Top 100 Owners and Developers of the Triangle. With Vision, Commitment, and steadfast determination, they have truly made a difference and have given the economy a strong foundation in uncertain times. " |
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Company Statistics |
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| Year founded | 1996 |
| Number of employees | 290 |
| Regional offices in | Durham North Carolina
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Property Portfolio |
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| Types of properties we operate |
Hotel, All Suite, Extended Stay |
| Types of locations |
Airports, Small Cities |
| Franchise affiliations | Suburban Extended Stay Hotels
Candlewood Suites
Days Inn's
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| Properties are located in |
Florida, North Carolina, Virginia, West Virginia |
- We are owners and operators with equity in yes properties.
- We operate a total of 19 properties.
- We manage properties for others, with management contracts on 4 properties.
- We franchise n/a properties to other owners and operators.
- We represent 19 properties.
- We are hotel developers currently working on 2 projects.
- We are an asset managment company with 21 hospitality properties in our portfolio.
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Company Characteristics |
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| Capital Allocation | The company annually allocates capital dollars to all properties. |
| Accounting | Centralized. |
| Reporting Requirements | We provide properties a reasonable degree of autonomy while providing overall leadership and direction. (Less than 10 hours of reporting requirements per month.) |
- The company is very sound financially.
- We are adding additional properties to the portfolio every year.
- We have a strong track record of promoting people based on performance, results, and willingness to relocate.
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Internet Links |
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