Midas Acquires Hampton Inn - Columbia, IL

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. October 08, 2010

SAINT LOUIS, MO - October 6, 2010 - St. Louis-based hotel owner, operator and developer, Midas Hospitality announces the acquisition of the Hampton Inn - Columbia, IL.

Just months after announcing the acquisition of the new Candlewood Suites - Champaign, IL, scheduled to open in December 2010, Midas Hospitality announces further company growth with the acquisition of the 77-room, Hampton Inn in Columbia, IL.

David Robert, states “We continue to be very selective, yet aggressive in our strategic company growth.” The announcement of the Hampton Inn - Columbia, IL acquisition marks the third Midas Hospitality hotel acquisition in the last 90-days. Midas Hospitality recently announced the groundbreaking of the Fairfield Inn & Suites in Paducah, KY, scheduled to open 2nd quarter, 2011 and just announced the acquisition of the, under construction, Candlewood Suites - Champaign, IL just last month, scheduled to open in December, 2010.

Midas Hospitality, co-founded by David Robert, President, and J.T. Norville, CFO, was established in 2006 and has quickly become one of the premier hotel management groups in the Midwest. Midas has developed, opened and managed numerous properties including Crowne Plaza, Four Points by Sheraton, Holiday Inn, Holiday Inn Express, Staybridge Suites, Candlewood Suites, Hampton Inn and Fairfield Inn & Suites by Marriott among others.

The Hampton Inn - Columbia, IL opened in August 2008 is located just across the Missouri / Illinois border off of I-255 to IL-3 South--Columbia Exit 6. Kurt Furlong, SVP Sales and Marketing, states “We are extremely excited to add the Hilton brand to our Midas Family.”

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

About Hampton Hotels
The Hampton brand, including Hampton Inn, Hampton Inn & Suites, Hampton Inn by Hilton, Hampton Inn & Suites by Hilton and Hampton by Hilton, is an award-winning leader in the mid-priced hotel segment. With nearly 1,800 properties globally, Hampton Hotels is part of Hilton Worldwide, the leading global hospitality company. All Hampton Hotels offer warm surroundings and a friendly service culture that share a common “personality” supported by the 100% Satisfaction Guarantee. High-quality accommodations, in-room conveniences and the latest technology, combined with numerous locations and consistent offerings, have made Hampton a leader in its segment and one of the fastest

About Hilton Worldwide
Hilton Worldwide is the leading global hospitality company, spanning the lodging sector from luxurious full-service hotels and resorts to extended-stay suites and mid-priced hotels. For 91 years, Hilton Worldwide has been offering business and leisure travelers the finest in accommodations, service, amenities and value. The company is dedicated to continuing its tradition of providing exceptional guest experiences across its global brands. Its brands are comprised of more than 3,600 hotels and 599,000 rooms in 81 countries and include Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, Hilton, Doubletree, Embassy Suites Hotels, Hilton Garden Inn, Hampton Hotels, Homewood Suites by Hilton, Home2 Suites by Hilton and Hilton Grand Vacations. The company also manages the world-class guest reward program Hilton HHonors®.