SAINT LOUIS, MO, September 12, 2014 – An investment group led by Midas Hospitality, LLC has acquired the 128-room Hampton Inn – Ft. Lauderdale / Plantation, FL. St. Louis-based hotel owner, operator and developer, Midas Hospitality, LLC will manage the assets.
Opening in 1999, the Hampton Inn is located at 7801 SW 6th Street, Plantation, FL, located near the I-595, I-75 and I-95 highways and just 10-miles from the Ft. Lauderdale airport and Ft. Lauderdale beaches.
Robert Willard, President & Principal, Midas Hospitality, LLC states, “We are excited about the growth of Midas Hospitality into the South Florida area. The addition of the Hampton Inn – Ft. Lauderdale / Plantation, FL to the Midas hotel portfolio further reinforces our aggressive, yet strategic, company growth.” Willard added “Starting 2nd quarter, 2015 the property will undergo a $2.5 million renovation.”
The Hampton Inn – Ft. Lauderdale / Plantation will make the fifth Hilton product within the 20-hotel Midas portfolio. Adding to the portfolio, Midas Hospitality, LLC is building a Hampton Inn – Poplar Bluff, MO opening January, 2015 a Residence Inn by Marriott – Columbus / Dublin, OH opening February, 2015 a Courtyard by Marriott – St. Louis / St. Peters, MO and a Staybridge Suites – St. Louis / Westport Plaza to open 4th quarter, 2015.
Kurt Furlong, EVP & Principal – Sales & Marketing, states, “The Hampton Inn – Ft. Lauderdale / Plantation is a terrific asset, in a great location, proximate to the three major highways, corporate parks, retail, Ft. Lauderdale airport and beaches.” Furlong added “The hotel will make a great addition to our growing Midas Hospitality family.”