Appointments & Promotions

Midas Hospitality Names Jim Brueggemann as New CFO

Brueggemann previously served as company's Vice President of Finance

MARYLAND HEIGHTS, MO. January 11, 2017 - Midas Hospitality, a premier hotel management group, recently appointed Jim Brueggemann, CPA, as the company’s new Chief Financial Officer.

Brueggemann will manage the company’s central accounting office in order to deliver accurate and timely financial analysis. He will be accountable for the development of economic strategies and preparation of corporate growth plans. Brueggemann also will oversee both financial forecasting efforts and risk management operations.

Prior to his new position, Brueggemann was the company’s Vice President of Finance. He joined Midas Hospitality in May, 2013 with more than 18 years of accounting and finance experience. The majority of his career has been in real estate construction and development, as well as property management. Brueggemann graduated from the University of Missouri-Columbia with a BSBA in Accounting.

“Jim is an excellent choice for Chief Financial Officer, and we are pleased to promote him to this very integral position within our organization,” said David Robert, Midas Hospitality’s Managing Member and CEO. “We look forward to achieving even greater success in the upcoming years thanks to his experience and industry knowledge.”

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 July Online Hotel Business Review




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Hotel Spa: Measuring the Results
As the Hotel Spa and Wellness Movement continues to flourish, spa operations are seeking new and innovative ways to expand their menu of services to attract even more people to their facilities, and to and measure the results of spa treatments. Whether it’s spa, fitness, wellness meet guest expectations. Among new developments, there seems to be a growing emphasis on science to define or beauty services, guests are becoming increasingly careful about what they ingest, inhale or put on their skin, and they are requesting scientific data on the treatments they receive. They are open to exploring the benefits of alternative therapies – like brain fitness exercises, electro-magnetic treatments, and chromotherapy – but only if they have been validated scientifically. Similarly, some spas are integrating select medical services and procedures into their operations, continuing the convergence of hotel spas with the medical world. Parents are also increasingly concerned about the health and well-being of their children and are willing to devote time and money to overcome their poor diets, constant stress, and hours spent hunched over computer, tablet and smartphone screens. Parents are investing in wellness-centric family vacations; yoga and massage for kids; mindfulness and meditation classes; and healthy, locally sourced, organic food. For hotel spas, this trend represents a significant area for future growth. Other trends include the proliferation of Wellness Festivals which celebrate health and well-being, and position hotel spas front and center. The July issue of the Hotel Business Review will report on these trends and developments and examine how hotel spas are integrating them into their operations.