Company Profile

Midas Hospitality LLC is a hotel developer and owner headquartered in St. Louis, Missouri. The company operates primarily across the Midwestern states and maintains a presence in more than a dozen states nationwide.

Midas Hospitality's current development pipeline includes at least four projects in active planning and two more in delivery, together representing more than 1,170 rooms. These projects are positioned in the upper upscale and upscale segments. Among the projects tracked by Lodging Development are the Sheraton St. Louis Downtown, a 284-room upper upscale property currently under construction, and the AC Hotel | Residence Inn Lenexa City Center in Kansas, a 260-room upscale dual-brand project in preopening. On the planning side, the company is developing the Kimpton St. Louis-Downtown West, a 175-room upper upscale hotel in final planning.

Midas Hospitality's current ownership portfolio includes at least 35 open properties totaling more than 4,400 rooms. The portfolio is concentrated in the upscale tier, which accounts for at least 22 of those properties and more than 3,100 rooms. An additional nine or more properties fall within the upper midscale segment, with a smaller number in the midscale and upper upscale categories. Among the projects completed by Midas Hospitality are the Fairfield Inn & Suites Wichita Downtown and the Extended Stay America in Rock Hill, South Carolina. The firm also serves as manager on select projects within its portfolio. Geographically, Midas Hospitality is active across at least 13 states, with primary market concentrations in St. Louis, Missouri, and Charlotte, North Carolina.