Midas Hospitality has developed, opened and stabilized multiple hotel developments since the company was founded in 2006. Our due diligence in analyzing a potential hotel development is extremely thorough. We utilize market data, our historical development costs and industry standards to put together a complete development package. Once we identify a project that is going to provide a great return to the investors, our staff prepares a complete packet of information on the project including market information, STAR data on the competitive set, multi-year proforma, return on investment for investors, proposed brand information and sponsor personal financial statements.
Our relationship with all the global hotel brands allows us to identify the very best flag for the market and site. This maximizes the return on investment and minimizes the stabilization period for our investors. In addition, we have partnered with several financial institutions that have been involved with successful Midas developments in the past.
Let Midas’ development experience and creativity go to work for you! We have a proven track record of getting developments to the finish line when others have failed. Below is a list of our successful hotel developments.