Midas Hospitality to Manage Hotel in New Sikeston, Mo. Development
Hampton Inn to be completed by end of 2017
SIKESTON, MO. June 27, 2016 - A 92-room Hampton Inn will be the second tenant to join the new 100-acre Cotton Ridge Development in Sikeston, Mo. The expansive development is located at the intersections of Highways 61 and 60.
Midas Hospitality, a premier hotel management group, is set to develop the 60,000-square-foot hotel located at 1240 Commerce Dr. The Hampton Inn's groundbreaking will take place this Dec., and the hotel is scheduled to be completed by late 2017. The $10 million hotel will sit on 2.75 acres and feature amenities including an indoor pool, meeting room, and fitness center.
The Cotton Ridge Development currently has one tenant, Malco Theatres, an eight movie screen cinema that holds 1,000 patrons. Founded in 1915, Malco Theatres is headquartered in Memphis, Tenn. and has more than 30 cinemas across the country.
“The Cotton Ridge Development offers endless possibilities, and we are extremely excited to welcome the Hampton Inn at this early stage,” said Mike Bohannon, managing partner of the Cotton Ridge Development. “Its proximity to Interstate 55, along with being located adjacent to the area's Walmart, will entice a variety of shops and restaurants to seriously consider becoming a part of this amazing development.”
For more information, contact Mike Bohannon at (573) 471-7122 or visit http://www.cottonridgedevelopment.com.
About Midas Hospitality
Founded in 2006, Midas Hospitality is one of the Midwest's premier hotel management groups and is located at 1804 Borman Circle Dr. in Maryland Heights, Mo. The company has developed, opened and currently manages numerous properties including 23 hotels in 11 states. Midas Hospitality serves global brands including Hilton, IHG, Marriott, and Starwood. For more information, call (314) 692-0100 or visit http://www.midashospitality.com.
Marriott International, Inc. (NASDAQ: MAR) is a global leading lodging company based in Bethesda,Maryland, USA, with more than 4,200 properties in 80 countries and territories. Marriott International reported revenues of nearly $14 billion in fiscal year 2014. The company operates and franchises hotels and licenses vacation ownership resorts under 19 brands, including: The Ritz-Carlton®, BVlgari®, EDITION®, JW Marriott®, Autograph Collection® Hotels, Renaissance® Hotels, Marriott Hotels®, Delta Hotels and Resorts®, Marriott Executive Apartments®, Marriott Vacation Club®, Gaylord Hotels®, AC Hotels by Marriott®, Courtyard®, Residence Inn®, SpringHill Suites®, Fairfield Inn & Suites®, TownePlace Suites®, Protea Hotels® and MoxyHotels®. Marriott has been consistently recognized as a top employer and for its superior business ethics. The company also manages the award-winning guest loyalty program, Marriott Rewards® and The Ritz-Carlton Rewards® program, which together surpass 50 million members. For more information or reservations, please visit our website at 
