Midas Hospitality, LLC acquires the Residence Inn by Marriott - Columbus / Worthington, OH

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. May 31, 2013

SAINT LOUIS, MO - May 31, 2013 - St. Louis-based hotel owner, operator and developer, Midas Hospitality, LLC has acquired the 104-room Residence Inn by Marriott - Columbus / Worthington, OH.

Built in 2000, the 104-room Residence Inn - Columbus / Worthington is located at 7300 Huntington Park Drive, Columbus, Ohio, just off of I-270 in the Crosswoods area. The hotel is just 12 miles from the state capital and downtown Columbus, 10 miles from The Ohio State University and 16-miles from Port Columbus International Airport. The all-suite hotel is in the backyard to major area companies, including Worthington Industries, J.P. Morgan Chase, Abbott, Mettler Toledo, NBB, Anheuser Busch, Cardinal Health, IBM, Ashland Chemical, among others.

Robert Willard, President & Principal, Midas Hospitality, LLC states, “We are pleased to add the Residence Inn - Columbus / Worthington, OH to our Midas Hospitality family.” Midas Hospitality also owns and operates the Staybridge Suites - Columbus / Dublin and is building a 100-room Residence by Marriott - Columbus / Dublin to open Fall, 2014.

With more than 600 properties in the United States, Canada, Europe, the Middle East and Central America, Residence Inn by Marriott is a leader in the extended-stay lodging segment. Designed for long stays, the brand offers spacious suites with separate living and sleeping areas. Fully functional kitchens, grocery delivery, 24-hour markets, evening social gatherings and complimentary breakfast help guests maintain a healthy balance while on the road. Complimentary Wi-Fi allows guests to stay connected to the home and office, while health and fitness options and inviting lobby spaces provide comfortable places to work and relax.

Kurt Furlong, EVP & Principal - Sales & Marketing, states “The Residence Inn - Columbus / Worthington is a terrific asset and a great addition to our growing Midas Hospitality portfolio. The Residence Inn serves the much-needed extended stay niche in the Columbus / Worthington market and is backed by one of the most powerful reservation systems in the industry.”

Residence Inn by Marriott is a moderately priced extended stay brand that helps guests to thrive on long stays. Spacious suites with full kitchens offer the comforts of the modern home, while associates provide intuitive service with a unique touch. With more than 600 properties in North and Central America and the Caribbean, Residence Inn is Marriott's second largest lodging brand with more than 150 hotels on the way. Residence Inn participates in the company's award-winning Marriott Rewards® program, which enables members to earn their choice of points toward free vacations or frequent flyer mileage in their preferred airline program for dollars spent at more than 3,100 Marriott hotels.

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 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 9 states serving 6 different global brands. For more information on Midas Hospitality locations and services, please visit www.midashospitality.com