SAINT LOUIS, MO, December 21, 2015 – An investment group led by Midas Hospitality, LLC has acquired the 73-room Holiday Inn Express – Sikeston, MO. St. Louis-based hotel owner, operator and developer, Midas Hospitality, LLC will manage the asset.
Opening in 2005, the Holiday Inn Express is located at 115 Hospitality Drive, Sikeston, MO, just off I-60 and the I-55 / I-57 intersection and conveniently located near demand generators, Monsanto, Cargill, Siemens, Orgill, Tyson, Unilever among others. Midas also operates the Hampton Inn & Holiday Inn – Poplar Bluff, located just 45-miles west on I-60. The asset boast 73 guest rooms and suites, fitness center, free breakfast and a heated indoor swimming pool.
Robert Willard, President & Principal, Midas Hospitality, LLC states, “We are excited about our continued growth of Midas Hospitality in our home state. The addition of the Holiday Inn Express – Sikeston, MO to the Midas hotel portfolio further reinforces our aggressive, yet strategic, company growth.”
The Holiday Inn Express – Sikeston, MO will make the eighth IHG asset within the 21-hotel Midas portfolio. Adding to the portfolio, Midas Hospitality, LLC recently opened the Hampton Inn – Poplar Bluff, MO and is developing a Hampton Inn – Wentzville, MO, a Courtyard by Marriott – St. Louis / St. Peters, MO, a SpringHill Suites – Lenexa, KS, a dual brand Residence Inn / Fairfield Inn by Marriott – Charlotte Airport, NC and a Staybridge Suites – St. Louis / Westport Plaza, all to open in the next 12-months.
Kurt Furlong, EVP & Principal – Sales & Marketing, states, “The Holiday Inn Express – Sikeston, MO is a terrific asset, in a great location, backed by one of the best brands, proximate to the I-55 & I-57.” Furlong added “The hotel will make our ninth hotel in the state of Missouri and a great addition to our growing Midas Hospitality family.”