Midas Hospitality, LLC Opens 123-Room Courtyard by Marriott – St. Louis / St. Peters, MO

ST. PETERS, MO, March 25, 2016 – Developed by MC Hotel Construction, a division of Midas Hospitality, the Courtyard by Marriott – St. Louis / St. Peters opened March 21, 2016 and is located at 4341 Veterans Memorial Parkway in St. Peters, MO.  The $15M asset is located off I-70 in St. Peters, MO just 25-miles west from downtown St. Louis, MO.  The hotel boast 123 guest rooms and suites, fitness center, Bistro restaurant & bar, 2,300 sq. ft. of meeting space and a heated indoor swimming pool.

Robert Willard, President & Principal, Midas Hospitality, LLC states, “We have a fabulous team here in St. Peters, MO, led by General Manager, Elliott Rhoad. With his leadership and great product offering, I am confident our Courtyard by Marriott St. Peters, MO will be a Platinum Award winning hotel for the Courtyard brand”.  Financing for the development was led by Pulaski Bank.

Courtyard by Marriott – St. Louis / St. Peters, MO

The Courtyard by Marriott – St. Louis / St. Peters, MO will make the fourth Marriott product within the 23-hotel Midas portfolio. Adding to the portfolio, Midas Hospitality, LLC recently acquired the Courtyard by Marriott – Clemson, SC, Holiday Inn Express – Champaign, IL, the Holiday Inn Express – Sikeston, MO, opened the Hampton Inn – Poplar Bluff, MO and is developing a Hampton Inn – Wentzville, MO, a Courtyard by Marriott – St. Louis / St. Peters, MO, a SpringHill Suites – Lenexa, KS, a dual-branded Residence Inn / Fairfield Inn by Marriott – Charlotte Airport, NC, a dual-branded Residence Inn / Fairfield Inn & Suites – St. Louis / Westport Plaza, and a Staybridge Suites – St. Louis / Westport Plaza, all to open in the next 12-months.

Kurt Furlong, EVP & Principal – Sales & Marketing, states, “The Courtyard by Marriott – St. Louis / St. Peters, MO is a terrific asset, in a great location, backed by one of the best brands in the industry.”  Furlong added “With our extensive pipeline of Marriott assets, as well as our growth within the St. Louis and surrounding markets, the Courtyard by Marriott – St. Louis / St. Peters, MO will make a great addition to our growing Midas Hospitality family.”

About Midas Hospitality, LLC

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

Midas Hospitality, LLC is an owner, operator, and developer of hotels with a growing portfolio consisting of 23 hotels, in 11 states serving 6 different global brands.  For more information on Midas Hospitality locations and services, please visit www.midashospitality.com, Twitter @MIDASHOTELS and www.facebook.com/MidasHospitality

About Courtyard by Marriott

The Courtyard by Marriott brand features hotels with a refreshing environment that helps guests stay connected, productive and balanced while traveling. Intuitive services and design accommodate guests’ desire for choice and control and allow them to use the public space and guest rooms to meet all of their needs while on the road. With more than 1,000 locations in 38 countries, Courtyard has more locations than any other Marriott International brand.

Midas Hospitality, LLC Acquires the Courtyard by Marriott – Clemson, SC

SAINT LOUIS, MO, March 14, 2016 – An investment group led by Midas Hospitality, LLC has acquired the 110-room Courtyard by Marriott-Clemson, SC for $16.5M. St. Louis-based hotel owner, operator and developer, Midas Hospitality, LLC will manage the asset.

Opening in 2009, the Courtyard by Marriott – Clemson, SC is located at 201 Canoy Lane, Clemson, SC, at the corner of SR-123 & 93, less than 1-mile from the Clemson University campus.  The asset boast 110 guest rooms and suites, fitness center, Bistro restaurant & bar, meeting rooms and a heated indoor swimming pool.

Robert Willard, President & Principal, Midas Hospitality, LLC states, “we are acquiring an award winning hotel with service delivery in the top 5% of the Courtyard by Marriott brand. The addition of the Courtyard by Marriott – Clemson, SC to the Midas hotel portfolio in the southeast, further reinforces our aggressive, yet strategic, company growth in this area. It is every exciting to add our first Courtyard by Marriott to our hotel portfolio. The hotel will undergo a $1.5M PIP in the next 12-months”.  Financing for the acquisition was led by Cass Commercial Bank with a participation from Parkside Financial Bank & Trust.

Courtyard by Marriott - Clemson, SCThe Courtyard by Marriott – Clemson, SC will make the third Marriott product within the 22-hotel Midas portfolio.  Adding to the portfolio, Midas Hospitality, LLC recently acquired the Holiday Inn Express – Champaign, IL, the Holiday Inn Express – Sikeston, MO, opened the Hampton Inn – Poplar Bluff, MO and is developing a Hampton Inn – Wentzville, MO, a Courtyard by Marriott – St. Louis / St. Peters, MO, a SpringHill Suites – Lenexa, KS, a dual-branded Residence Inn / Fairfield Inn by Marriott – Charlotte Airport, NC, a dual-branded Residence Inn / Fairfield Inn & Suites – St. Louis / Westport Plaza, and a Staybridge Suites – St. Louis / Westport Plaza, all to open in the next 12-months.

Kurt Furlong, EVP & Principal – Sales & Marketing, states, “The Courtyard by Marriott – Clemson, SC is a terrific asset, in a great location, backed by one of the best brands in the industry.” Furlong added “With our extensive pipeline of Marriott assets, the Courtyard by Marriott – Clemson, SC will make a great addition to our growing Midas Hospitality family.”

About Midas Hospitality, LLC

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

Midas Hospitality, LLC is an owner, operator, and developer of hotels with a growing portfolio consisting of 22 hotels, in 11 states serving 6 different global brands. For more information on Midas Hospitality locations and services, please visit www.midashospitality.com, Twitter @MIDASHOTELS and www.facebook.com/MidasHospitality.

About Courtyard by Marriott

The Courtyard by Marriott brand features hotels with a refreshing environment that helps guests stay connected, productive and balanced while traveling.   Intuitive services and design accommodate guests’ desire for choice and control and allow them to use the public space and guest rooms to meet all of their needs while on the road.  With more than 1,000 locations in 38 countries, Courtyard has more locations than any other Marriott International brand.

Midas Hospitality, LLC Acquires the Holiday Inn Express – Urbana-Champaign, IL

SAINT LOUIS, MO, December 29, 2015 – Opening in 2005, the Holiday Inn Express is located at 1003 Killarney St, Urban, IL, at exit 183 on I-74, just 2-miles north of the University of Illinois. Midas also operates the Candlewood Suites – Champaign-Urbana, just one exit west on I-74. The asset boast 74 guest rooms and suites, fitness center, free breakfast and a heated indoor swimming pool.

The Holiday Inn Express – Urbana-Champaign acquisition comes just two weeks after the acquisition of the Holiday Inn Express – Sikeston, MO. Robert Willard, President & Principal, Midas Hospitality, LLC states, “We are excited about our continued growth of Midas Hospitality, especially within a market where we own and operate another hotel asset, our Candlewood Suites – Champaign-Urbana. Willard adds, “The addition of the Holiday Inn Express – Urbana-Champaign, IL will give us synergies between the properties in sales, revenue management and operations disciplines. The hotel will be completing a PIP over the next 12 –months to incorporate the IHG formula blue scheme.”

The Holiday Inn Express – Urbana-Champaign, IL will make the ninth IHG asset within the 22-hotel Midas portfolio. Adding to the portfolio, Midas Hospitality, LLC recently opened the Hampton Inn – Poplar Bluff, MO and is developing a Hampton Inn – Wentzville, MO, a Courtyard by Marriott – St. Louis / St. Peters, MO, a SpringHill Suites – Lenexa, KS, a dual brand Residence Inn / Fairfield Inn by Marriott – Charlotte Airport, NC and a Staybridge Suites – St. Louis / Westport Plaza, all to open in the next 12-months.

Kurt Furlong, EVP & Principal – Sales & Marketing, states, “The Holiday Inn Express – Urbana-Champaign, IL is a terrific asset, in a great location, backed by one of the best brands, proximate to I-74 and the University of Illinois” Furlong added “We look forward to leveraging our dual sales effort.”

About Midas Hospitality, LLC

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

Midas Hospitality, LLC is an owner, operator, and developer of hotels with a growing portfolio consisting of 22 hotels, in 11 states serving 6 different global brands. For more information on Midas Hospitality locations and services, please visit www.midashospitality.com and www.facebook.com/MidasHospitality

About the Holiday Inn Express® brand

Holiday Inn Express® hotels are modern hotels for value-oriented travellers. Fresh, clean and uncomplicated, Holiday Inn Express hotels offer competitive rates for both business and leisure travellers. Guests Stay Smart® at Holiday Inn Express hotels where they enjoy a free hot Express Start™ breakfast bar with new healthier offerings, free high-speed Internet access and free local phone calls (U.S. and Canada only). There are currently nearly 2,400 Holiday Inn Express hotel locations around the globe. For more information about Holiday Inn Express hotels or to book reservations, visit www.ihg.com/holidayinnexpress . Find us on Twitter http://www.twitter.com/hiexpress or Facebook www.Facebook.com/holidayinnexpress.

Midas Hospitality, LLC Acquires the Holiday Inn Express – Sikeston, MO

SAINT LOUIS, MO, December 21, 2015 – An investment group led by Midas Hospitality, LLC has acquired the 73-room Holiday Inn Express – Sikeston, MO. St. Louis-based hotel owner, operator and developer, Midas Hospitality, LLC will manage the asset.

Opening in 2005, the Holiday Inn Express is located at 115 Hospitality Drive, Sikeston, MO, just off I-60 and the I-55 / I-57 intersection and conveniently located near demand generators, Monsanto, Cargill, Siemens, Orgill, Tyson, Unilever among others. Midas also operates the Hampton Inn & Holiday Inn – Poplar Bluff, located just 45-miles west on I-60. The asset boast 73 guest rooms and suites, fitness center, free breakfast and a heated indoor swimming pool.

Robert Willard, President & Principal, Midas Hospitality, LLC states, “We are excited about our continued growth of Midas Hospitality in our home state. The addition of the Holiday Inn Express – Sikeston, MO to the Midas hotel portfolio further reinforces our aggressive, yet strategic, company growth.”

The Holiday Inn Express – Sikeston, MO will make the eighth IHG asset within the 21-hotel Midas portfolio. Adding to the portfolio, Midas Hospitality, LLC recently opened the Hampton Inn – Poplar Bluff, MO and is developing a Hampton Inn – Wentzville, MO, a Courtyard by Marriott – St. Louis / St. Peters, MO, a SpringHill Suites – Lenexa, KS, a dual brand Residence Inn / Fairfield Inn by Marriott – Charlotte Airport, NC and a Staybridge Suites – St. Louis / Westport Plaza, all to open in the next 12-months.

Kurt Furlong, EVP & Principal – Sales & Marketing, states, “The Holiday Inn Express – Sikeston, MO is a terrific asset, in a great location, backed by one of the best brands, proximate to the I-55 & I-57.” Furlong added “The hotel will make our ninth hotel in the state of Missouri and a great addition to our growing Midas Hospitality family.”

About Midas Hospitality, LLC

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

Midas Hospitality, LLC is an owner, operator, and developer of hotels with a growing portfolio consisting of 21 hotels, in 11 states serving 6 different global brands. For more information on Midas Hospitality locations and services, please visit www.midashospitality.com and www.facebook.com/MidasHospitality

About the Holiday Inn Express® brand
Holiday Inn Express® hotels are modern hotels for value-oriented travellers.  Fresh, clean and uncomplicated, Holiday Inn Express hotels offer competitive rates for both business and leisure travellers.  Guests Stay Smart® at Holiday Inn Express hotels where they enjoy a free hot Express Start™ breakfast bar with new healthier offerings, free high-speed Internet access and free local phone calls (U.S. and Canada only). There are currently nearly 2,400 Holiday Inn Express hotel locations around the globe.  For more information about Holiday Inn Express hotels or to book reservations, visit www.ihg.com/holidayinnexpress . Find us on Twitter http://www.twitter.com/hiexpress or Facebook www.Facebook.com/holidayinnexpress.

Midas Hospitality, LLC to Build and Manage SpringHill Suites by Marriott – Lenexa, KS

SAINT LOUIS, MO, October 28, 2015 – An investment group led by Midas Hospitality, LLC announces the development of a new 124-room SpringHill Suites by Marriott in Lenexa, KS. The St. Louis-based hotel owner, operator and developer, Midas Hospitality, LLC will manage the asset.

Located in Johnson County at 17190 W 87th Street Parkway, Lenexa, KS 66219, the SpringHill Suites by Marriott – Lenexa, KS is 24-miles SW of downtown Kansas City, MO, ideally located at exit 3 off of the I-435 corridor. The $20 million, 5-story project will include 124 all-suite rooms with fully equipped kitchens, 1,300 sq. ft. of meeting space, Lobby Bar, fitness center, indoor pool, 5,200 sq. ft. Premium Retail Space and more.

SpringHill Suites LenexaJ.T Norville – Managing Member, states, “The SpringHill Suites by Marriott – Lenexa, KS will make a great addition to the Midas Hospitality portfolio. Norville adds, “The SpringHill Suites will be our 4th Marriott Brand in our portfolio and our first SpringHill Suites. We look forward to our partnership with the Lenexa community.” Midas recently announced the development of the Courtyard by Marriott – St. Louis / St. Peters, MO, set to open February, 2016, and a Residence Inn / Fairfield Inn by Marriott – Charlotte Airport, NC set to open Q3, 2016. Midas Hospitality also developed and operates the Fairfield Inn & Suites by Marriott – Wentzville and Fairfield Inn & Suites by Marriott – Paducah, KY.

About 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, Hilton Garden Inn by Hilton and Hampton Inn by Hilton 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

About SpringHill Suites by Marriott
SpringHill Suites is designed for both the business and leisure traveler, offering modern amenities and stylish spaces at more than 300 locations in the U.S. and Canada. Amenities include sleek, modernly appointed lobbies with free Wi-Fi; suites with dedicated work spaces, free Wi-Fi and ergonomic chairs; kitchenettes with microwaves, mini-fridges and coffee service; and pool, spa and fitness centers with free weights and cardio equipment. At the cutting edge of consumer engagement, SpringHill Suites is the winner of a 2013 Platinum Adrian Award for Digital Marketing, 2014 Gold Adrian Awards for Consumer Advertising and a 2014 Gold Ex Award. SpringHill Suites participates in the award-winning Marriott Rewards® frequent travel program that allows members to earn hotel points or airline miles for every dollar spent during each stay. For more information or reservations, call the SpringHill Suites toll-free number at 888-287-9400, visit www.springhillsuites.com, become a fan at www.facebook.com/springhillsuites or follow the brand at www.twitter.com/springhillsuite