Midas Hospitality, LLC Announces the Opening of a New, 135-room Aloft Hotel, Beachwood, OH

St Louis-based Hotel Owner, Operator and Developer

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. November 26, 2013

SAINT LOUIS, MO - November 26, 2013 - Just weeks after announcing the opening of a new Candlewood Suites - Greenville, SC, Midas Hospitality announces the opening of the new 135-room Aloft Hotel in Beachwood, OH. The Aloft Hotel - Beachwood will be located 12 miles east of downtown Cleveland, OH, just off of I-271, on the northwest corner of the Harvard Rd & Richmond Rd intersection.

Kurt Furlong, Midas Hospitality - EVP & Principal - Sales & Marketing, states, “The Aloft Hotel - Beachwood, OH is a beautiful product and a great, upscale hotel addition to a tremendous market.” Furlong added “the hotel is ideally located at the doorstep to the brand new $170 million, 53-acre Eaton Corporation Headquarters, across the street from the new, state-of-the-art University Hospital Ahuja Medical Center and close to many other fortune 1000 companies.”

Scott Berkowitz, Owner & Co-developer - Boutique Hotel, LP states, “It's been a long road but definitely worth the wait. I'm so proud of my entire team and the hotel itself exceeds all expectations. I think the Aloft - Beachwood is a great addition to a vibrant Beachwood market and confident the community will feel the same.”

Midas Hospitality, LLC has grown from 5 to 20 hotels in 3 years. Midas has ownership and operates 11 hotels within its portfolio of 20, including the Candlewood Suites - Greenville, SC, Candlewood Suites - Champaign, IL, the Candlewood Suites - Paducah, KY, the Fairfield Inn - Paducah, KY, the Hampton Inn - Columbia, IL, Hampton Inn - Farmington, MO, the Hilton Garden Inn, Little Rock, AR, the Residence Inn - Worthington, OH and the Staybridge Suites - Columbus / Dublin, OH. Additionally, Midas Hospitality currently has two hotels under construction, Fairfield Inn & Suites - Wentzville, MO and the Residence Inn - Columbus / Dublin.

About Aloft Hotels

Aloft Hotels is part of Starwood Hotels & Resorts Worldwide, Inc., one of the leading hotel and leisure companies in the world with 1112 properties in 100 countries and territories. Starwood family of brands include: St. Regis®, The Luxury Collection®, W®, Westin®, Le Meridien®, Sheraton®, Four Points® by Sheraton, Aloft®, and Element SM. Starwood Hotels & Resorts boasts one of the industry's leading loyalty programs, Starwood Preferred Guest (SPG), allowing members to earn and redeem points for room stays, room upgrades and flights, with no blackout dates. With 60 hotels open since the Aloft brand first arrived on the scene, Aloft, a vision of W Hotels, has changed the hotel landscape offering “style at a steal” everywhere from Baltimore to Beijing to Bogota to Brussels -- and everywhere in between. For more information, please visit www.alofthotels.com.

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 Residence Inn by Marriott, Courtyard by Marriott, Fairfield Inn & Suites by Marriott, Aloft by Starwood, Holiday Inn, Holiday Inn Express, Staybridge Suites, Candlewood Suites and Hampton Inn among others.

Midas Hospitality, LLC is an owner, operator, and developer of hotels with a growing portfolio consisting of 20 hotels, in 10 states serving 6 different global brands. For more information on Midas Hospitality locations and services, please visit www.midashospitality.com