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CORAL HOSPITALITY ANNOUNCES ADDITION OF TWO GOLF COMMUNITIES

NAPLES, FL (August 1, 2006)- Coral Hospitality, a full-service hospitality management firm based in Naples, FL has been retained by Centex Homes for management services at two new residential developments in Florida.

The Quarry in Naples is a 1,200 residence development including an 18-hole, 72-par Hurdzan-Fry designed golf course with golf club including formal dining, bar and grille, billiards room, pro-shop and more. The new Sea Dwarf Paspalum course weaves gracefully throughout an old limerock Quarry and brushes against more than 800 acres of nature preserve surrounding the community.

“The challenge for players on this course will be wind and winding greens,” reports Doug Reed, Vice President of Golf and Club Operations for Coral Hospitality and Manager of The Quarry.

The Quarry is scheduled to open in November 2006 and will also include six lighted, soft court tennis courts and a Lake Lodge & Beach Club with indoor/outdoor bar and grille, two pools, fitness center, spa services and boat docks. Coral Hospitality will manage the golf course, golf club and community association.

Somerset at the Plantation in Fort Myers is one half of the master community known as The Plantation, combining the cool and relaxed atmosphere of an island plantation home with the luxury of first class amenities and services. Coral Hospitality will manage the golf course and country club, scheduled to open nine holes in January 2007, with project completion in the fall of 2007.

This 18-hole par-72 course is also designed by Hurdzan-Fry and utilizes new Sea Dwarf Paspalum. The golf club, called the Great House, is approximately 40,000 sq. ft. and includes Dartington’s, fine dining restaurant, a bar and grille, meeting rooms, pro shop, and locker facilities. The community will also include six lighted, soft court tennis courts and tennis pro shop and Somerset Hall, an activity center with pool, massage and sauna rooms, billiards, and more.

Inquiries regarding homes available at The Quarry and Somerset at the Plantation should be directed to Centex Homes at www.centexhomes.com.

Based in Naples, Florida, Coral Hospitality is an innovative full-service hospitality management company that is committed to owner, guest, member and employee satisfaction. This is derived from a philosophy dedicated to the establishment of a culture based on service and excellence that delivers proactive, profitable results. The company currently manages a portfolio of hotels and resorts, condominiums hotels, golf and country clubs, yacht clubs, restaurants, and master community associations. For more information, visit www.coralhospitality.com.

Media Contact:
Nikay Landress
PPR Communications
305-445-4944 x203
nikay@pprcommunications.com

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