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Midas Hospitality Acquires 83-room Candlewood Suites
 in Champaign - Urbana, Illinois

Saint Louis, Missouri, December, 2010 – St. Louis-based hotel owner, operator and developer, Midas Hospitality opened the Candlewood Suites in Champaign / Urbana, IL, ahead of schedule, on December 6, 2010. Midas Hospitality acquired the partially completed asset in August, 2010 and quickly resumed construction.

Midas Hospitality continues to grow its portfolio with 10 hotels open and a Fairfield Inn & Suites – Paducah, KY, slated to open in June of 2011.  Midas Hospitality also operates a Candlewood Suites in Paducah, Ky. that opened in July 2008 and has quickly become a local market leader in the extended-stay segment. David Robert, president, Midas Hospitality, states, “The addition of the Candlewood Suites – Champaign / Urbana, IL to the Midas hotel portfolio further reinforces our aggressive, yet strategic company growth.”

Kurt Furlong, SVP Sales and Marketing, states “The hotel is located just 2 miles north of the 42,000 student campus of the University of Illinois, in the restaurant and shopping district.  The response from the Champaign / Urbana community has been terrific.  The Candlewood Suites is the only extended stay product of its kind in the market and will be a great fit for the extended-stay customer, backed by IHG, the world’s largest hotel group by number of rooms.”  The new Candlewood Suites is located in the northwest quadrant of the neighboring cities of Champaign and Urbana, proximate to the intersection of interstate highways I-57 and I-74.

Guests at the Champaign property will be able to take advantage of the just-like-home amenities, including complimentary high-speed Internet access, free local phone calls, free on-site guest laundry and a 24-hour fitness center.  Unique to Candlewood Suites, guests can also enjoy the convenience of the Candlewood Cupboard®, where a variety of beverages, breakfast items, snacks, frozen entrees and sundries will be available for purchase on the honor system at any time and where guests can enjoy complimentary Juan Valdez freshly brewed coffee.  Additionally, guests of the Candlewood Suites Champaign can visit the free Lending Library, where movies and music will be available for use in guestrooms, which all feature a DVD and CD player.

Guestrooms at the Candlewood Suites Champaign will feature studio or one-bedroom suite floor plans with a full kitchen, comfortable recliner, large workspace with desk chair and overhead lighting.  Each of the hotel’s 83 guest suites will feature the brand’s Comforts of Home™ Bedding Collection with upgraded mattresses and box spring sets, mattress topper, fluffy duvet inserts and poly-cotton covers matching the hotel’s color scheme, 250-thread count micro-check sateen sheets in “Candlelight”, triple sheeting, contemporary cotton estate blankets, choice of three upgraded pillow types in firm, medium and feather and a decorative “Consider Us Home” pillow.

Candlewood Suites participates in IHG’s guest loyalty program, Priority Club® Rewards.  The industry’s first and largest guest loyalty program has 52 million members.  Priority Club Rewards membership is free and guests can enroll by logging on at priorityclub.com, by calling 1-888-211-9874 or by inquiring at the front desk of this hotel or any of IHG’s more than 4,500 hotels worldwide.

Candlewood Suites was recently recognized by Lodging Hospitality magazine as one of the industry’s top growing brands.

Midas Hospitality, LLC, co-founded by David Robert, President, and J.T. Norville, CFO, 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 Crowne Plaza, Four Points by Sheraton, Holiday Inn, Holiday Inn Express, Staybridge Suites, Candlewood Suites, Hampton Inn, Comfort Inn, and Fairfield by Marriott among others.

Midas Hospitality, LLC is an owner, operator, and developer of hotels with a growing portfolio consisting of 11 hotels, in 6 states serving 5 different global brands. For more information on Midas Hospitality locations and services, please visit  www.midashospitality.com

Contact:

Kurt Furlong
kfurlong@midashospitality.com

Midas Hospitality
  www.midashospitality.com

 
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Also See: Midas Hospitality Acquires 83-room Candlewood Suites - Champaign, Illinois / August 2010

Midas Hospitality Breaks Ground on New Fairfield Inn & Suites, Paducah, Kentucky / June 2010

Midas Hospitality Appoints Robert Willard SVP-Operations and Kurt Furlong as SVP-Sales & Marketing / May 2010


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