Midas Hospitality Completes $6M Redo of Staybridge Stes & Holiday Inn Express-St. Louis/O'Fallon, MO

. October 08, 2015

SAINT LOUIS, MO. October 8, 2015 - St. Louis-based hotel owner, operator and developer, Midas Hospitality, LLC has completed a $6 million renovation on the 97-room Staybridge Suites and 122-room Holiday Inn Express - St. Louis / O'Fallon, MO.

Opening in 2005, the Staybridge Suites and Holiday Inn Express sit adjacent to each other, located at 1155 and 1175 Technology Drive, O'Fallon, Missouri respectively. The hotels are located on the northwest corner of I-63/Hwy 40 and Hwy K, 30 miles west of downtown St. Louis.

Acquired by an investment group led by Midas Hospitality, LLC in November, 2013, the hotels completed a collective, $6 million renovation. The $6 million renovation included a complete renovation of all guest rooms including new furniture, soft goods and appliances. Expansion of both public space areas, enlarging the Great Room to enhance the arrival experience. 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 both assets and with these improvements, the property is receiving rave reviews from our guests." The Staybridge Suites - St. Louis / O'Fallon recently received the coveted 2015 Renovation Award from Intercontinental Hotels Group. Midas Hospitality also owns and operates the Fairfield Inn & Suites by Marriott - St. Louis / Wentzville, MO and is building the Courtyard by Marriott - St. Louis / St. Peters, MO, opening January, 2016

About Midas Hospitality, LLC

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 Staybridge Suites Hotels

Staybridge Suites® is an innovative, all-suite hotel brand designed to meet the needs of extended stay guests seeking a warm sense of community in a home-like environment that is perfect for business, relocation and vacations. The Staybridge Suites brand entered the extended stay segment in December 1998 when its flagship location in Alpharetta, Ga., opened. Since that opening, the Staybridge Suites brand continues to grow rapidly with more than 200 hotels open across the Americas, Europe and the Middle East. There are more than 100 Staybridge Suites hotels in the pipeline, including eight outside of the Americas. For more information about the Staybridge Suites brand, call 1-877-238-8889 or visit www.StaybridgeSuites.com. Find Staybridge Suites hotels on Twitter http://www.twitter.com/Staybridge or Facebook www.Facebook.com/StaybridgeSuites.

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.

Contact:
Kurt Furlong
[email protected]

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