Midas Hospitality, LLC Completes $3.5M Renovation on the Newly Acquired, Residence Inn by Marriott – Columbus / Worthington, OH

SAINT LOUIS, MO, November 11, 2014 – St. Louis-based hotel owner, operator and developer, Midas
Hospitality, LLC has completed a $3.5 million renovation on the 104-room Residence Inn by Marriott –
Columbus / Worthington, OH.

Built in 2000, and acquired by an investment group led by Midas Hospitality, LLC in June, 2013, the
Residence Inn – Columbus / Worthington is located at 7300 Huntington Park Drive, Columbus, Ohio, just
off of I-270 in the Crosswoods area. The hotel is just 12 miles from the state capital and downtown
Columbus, 10 miles from The Ohio State University and 16-miles from Port Columbus International
Airport. The all-suite hotel is in the backyard to major area companies, including Worthington Industries,
J.P. Morgan Chase, Abbott, Mettler Toledo, NBB, Anheuser Busch, Cardinal Health, IBM, Ashland
Chemical, among others.

The Residence Inn by Marriott – Columbus / Worthington began renovation in January, 2014 and finished
September, 2014. The $3.5M renovation included a complete renovation of all guest rooms including
new furniture, soft goods and appliances. Expansion of the public space to enlarge the Great Room and
doubling the size of the fitness room. New Exterior finishes including the addition of an outdoor living
area, complete with soft seating and gas fire pit.

David Robert, CEO & Principal, Midas Hospitality, LLC states, “We literally renovated every square inch
of the hotel and with these improvements, the property is receiving rave reviews from our guests.” Midas
Hospitality also owns and operates the Staybridge Suites – Columbus / Dublin and is building a 100-room
Residence by Marriott – Columbus / Dublin to open February, 2014.
With more than 600 properties in the United States, Canada, Europe, the Middle East and Central
America, Residence Inn by Marriott is a leader in the extended-stay lodging segment. Designed for long
stays, the brand offers spacious suites with separate living and sleeping areas. Fully functional kitchens,
grocery delivery, 24-hour markets, evening social gatherings and complimentary breakfast help guests
maintain a healthy balance while on the road. Complimentary Wi-Fi allows guests to stay connected to
the home and office, while health and fitness options and inviting lobby spaces provide comfortable
places to work and relax.

Kurt Furlong, EVP & Principal – Sales & Marketing, states “The Residence Inn – Columbus / Worthington
complete renovation provides our customers with a premium product in the market at a terrific value. The
Residence Inn serves the much-needed extended stay niche in the Columbus / Worthington market and
is backed by one of the most powerful reservation system and brand in the industry.”
Residence Inn by Marriott is a moderately priced extended stay brand that helps guests to thrive on long
stays. Spacious suites with full kitchens offer the comforts of the modern home, while associates provide
intuitive service with a unique touch. With more than 600 properties in North and Central America and the
Caribbean, Residence Inn is Marriott’s second largest lodging brand with more than 150 hotels on the
way. Residence Inn participates in the company’s award-winning Marriott Rewards® program, which
enables members to earn their choice of points toward free vacations or frequent flyer mileage in their
preferred airline program for dollars spent at more than 3,100 Marriott hotels.

Midas Hospitality, LLC, was established in 2006 and quickly became one of the premier hotel
management groups in the Midwest. Midas has developed, opened and managed numerous properties,
including Courtyard by Marriott, Fairfield Inn & Suites by Marriott, Residence Inn by Marriott, Aloft by
Starwood, Staybridge Suites, Holiday Inn, Holiday Inn Express, Candlewood Suites and Hampton Inn
among others.

Midas Hospitality, LLC is an owner, operator, and developer of hotels with a growing portfolio consisting
of 21 hotels, in 12 states serving 6 different global brands. For more information on Midas Hospitality
locations and services, please visit www.midashospitality.com