Columbia's Hampton Inn Has New Owner

St. Louis-based hotel owner, operator and developer Midas Hospitality has announced the acquisition of the Hampton Inn hotel in Columbia.

Announcement of the acquisition of the 77-room hotel marks the third acquisition by the company in the last 90 days. Midas recently announced groundbreaking for the Fairfield Inn & Suites in Paducah, KY (scheduled to open 2nd quarter, 2011) and acquisition of a new Candlewood Suites in Champaign, IL (scheduled to open in December, 2010) just last month.

Midas Hospitality, co-founded by David Robert, President, and J.T. Norville, CFO, was established in 2006 and has quickly become a premier hotel management group in the Midwest. Midas has developed, opened and managed numerous properties including Crowne Plaza, Four Points by Sheraton, Holiday Inn, Holiday Inn Express, Staybridge Suites, Candlewood Suites, Hampton Inn and Fairfield Inn & Suites by Marriott, among others. Midas holds a growing portfolio of 11 hotels in 6 states serving 6 different global brands.

The Hampton Inn Columbia opened in August 2008 under the ownership of Columbia Hospitality, LLC. Kurt Furlong, SVP Sales and Marketing, states: “We are extremely excited to add the Hilton brand to our Midas family.”