Acquisitions & Hotel Openings

Residence Inn & Fairfield Inn & Suites-Charlotte Airport Opens in North Carolina

Midas Hospitality, a St. Louis management team, to oversee property

CHARLOTTE, N.C. December 19, 2016 - A dual-branded Residence Inn & Fairfield Inn & Suites by Marriott-Charlotte Airport property recently opened at 2220 West Tyvola Rd. in Charlotte, NC. The hotel, which was developed by MJM Group of Raleigh, NC, is owned by Novus Development LLC of Raleigh, NC and will be managed by premier hotel management group Midas Hospitality of St. Louis, MO.

The new 204-room hotel cost $25 million and consists of a 113-room Residence Inn by Marriott and a 91-room Fairfield Inn & Suites by Marriott. The hotels jointly feature an outdoor swimming pool, a large fitness center, and 2,250-square-foot meeting space. Both properties offer various complimentary services including breakfast, Wi-Fi and airport shuttle.

The dual-branded hotel is located minutes from Charlotte Douglas International Airport and offer convenient access to the Charlotte Premium Outlets, Carowinds Amusement Park, Bank of America Stadium, Time Warner Cable Arena, and NASCAR Hall of Fame.

“The dual-brand concept, backed by one of the industry’s best brand Marriott, will serve both the extended stay and transient customers in the Charlotte Airport market,” said Kurt Furlong, Midas Hospitality’s Principal and Executive Vice President of Sales and Marketing.

Founded in 2006, Midas Hospitality has developed, opened and currently manages numerous properties including 30 hotels in 11 states. The company serves global brands including Hilton, IHG, Marriott, and Starwood. Midas Hospitality’s headquarters are located at 1804 Borman Circle Dr. in Maryland Heights, Mo. For more information, call (314) 692-0100 or visit http://www.midashospitality.com.

Coming Up In The May Online Hotel Business Review




Feature Focus
Eco-Friendly Practices: The Value of Sustainability
The hotel industry continues to make remarkable progress in implementing sustainability policies and procedures in their properties throughout the world. As a result, they continue to reap the benefits of increased profitability, enhanced guest experiences, and improved community relations. In addition, as industry standards are codified and adopted worldwide, hotels can now compare how their operations measure up against their competitors in terms of sustainable practices and accomplishments. This capacity to publicly compare and contrast is spurring competition and driving innovation as hotels do not wish to be left behind in this area. Water management and conservation is still a primary issue as population growth, urbanization, pollution and wasteful consumption patterns place increasing demands on freshwater supply. Water recycling; installing low-flow fixtures; using digital sensors to control water usage; and even harvesting rainwater are just a few things that some hotels are doing to preserve this precious resource. Waste management is another major concern. Through policies of reduce, reuse and recycle, some hotels are implementing “zero-waste” programs with the goal of substantially reducing their landfill waste which produces carbon dioxide and methane gases. Other hotels have established comprehensive training programs that reinforce the value of sustainability. There is employee engagement through posters and quizzes, and even contests are held to increase innovation, sensitivity and environmental awareness. Some hotels are also monitoring a guest’s energy usage and rewarding those who consumed less energy with gifts and incentives. The May issue of the Hotel Business Review will document how some hotels are integrating eco-friendly practices into their operations and how they and the environment are benefiting from them.