Midas Hospitality
Midas Hospitality is a fully integrated real estate company providing hotel development, construction, management, and capital investment services across 40+ hotels in 14 U.S. states for major hotel brands and third-party owners.
- Company typePrivate
- Founded2006
- HeadquartersSt Louis, United States
- Headcount1,001–5,000
- GTM typeB2B
- OfferingServices
What Midas Hospitality does
Midas Hospitality is a fully integrated real estate company offering Capital, Development, Construction, and Hotel Management services, founded in 2006 and headquartered in St. Louis, MO. The company operates through four internal divisions: Midas Capital (investment), Midas Development (interior design and procurement), MBG (construction, formerly Midas Construction, rebranded August 2024), and Midas Hospitality (hotel management). It is a preferred operator for all six major U.S. hotel brands — Marriott, Hilton, IHG, Hyatt, Choice, and Best Western — managing select-service, extended-stay, boutique, and upscale hotels for third-party owners as well as its own portfolio. The portfolio comprises more than 40 hotels and 4,000+ rooms across approximately 14 U.S. states, with a concentration in the Midwest and Southern markets and a newly launched Western Division.
The company's revenue model is multi-stream: managed services from third-party hotel management contracts, professional services from development and construction work through MBG, and investment returns from capital deployment through Midas Capital funds (including a $25M Midas Hotel Fund and Opportunity Zone fund vehicles totaling $35M and $11M respectively). Go-to-market is sales-led and enterprise-focused, using regional sales directors for group bookings and management contracts, brand partner referrals for new development, and direct investor outreach for capital raising through a network of approximately 200 investors. Disclosed 2019 revenue was $151 million, representing 90.24% growth from 2017-2019, and the company was recognized as Marriott's Developer of the Year in 2022, 2023, and 2024. Notable 2024-2026 strategic moves include the appointment of a first Chief Investment Officer, the launch of a Western Division, multiple new hotel openings across new and existing markets, and a $200M residential partnership with Life Time Group Holdings extending the platform into wellness-focused multi-family development.
Midas Hospitality firmographics
Firmographics- Name
- Midas Hospitality
- Legal name
- Midas Hospitality
- Website
- https://midashospitality.com
- Company type
- Private
- Founded year
- 2006
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Midas Hospitality is a fully integrated real estate company providing hotel development, construction, management, and capital investment services across 40+ hotels in 14 U.S. states for major hotel brands and third-party owners.
- Ownership category
- akta.pro rank
Midas Hospitality industry classification
Industry- Product category
- Hotel Management Services
- NAICS
- Hotels (except Casino Hotels) and Motels (72111), Management of Companies and Enterprises (55111)
- SIC
- Hotels & Motels (7011), Real Estate Agents & Managers (For Others) (6531)
- akta.pro primary industry
- Hospitality (Hotel) Property Management (BPAJAGAG)
- akta.pro secondary industry
- Hospitality (Hotels & Resorts) Asset Management (BPAJAMAE)
Keywords
Where Midas Hospitality is headquartered
LocationHeadquarters
- HQ city
- St Louis
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Midas Hospitality business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Supply Chain, Marketing or Sales, Infrastructure, Technology or R&D
Revenue model
- Real Estate Investment Returns: Midas Capital raises and deploys investment capital into hotel developments and acquisitions, generating returns for private individuals and institutional investors through hotel ownership and asset management.
- Development and Construction Services: Through Midas Development and Midas Construction (now MBG), the company provides development, construction, and renovation services for hotel properties, creating value from site selection through opening day and guiding owners through renovation processes.
Go-to-market motion2 records
Distribution channels3 records
Marketing channels7 records
Midas Hospitality product offering
Product offeringCore offering
Midas Hospitality is a fully integrated real estate company that develops, renovates, builds, manages, and invests in hotels across the U.S. It operates as a preferred hotel management company for Marriott, Hilton, IHG, Hyatt, Choice, and Best Western, providing third-party hotel management, development services, construction services (via MBG), and capital/asset management through investment funds and opportunity zone vehicles. The firm owns and operates a portfolio of more than 40 hotels spanning approximately 14 states, comprising select-service, extended-stay, boutique, and upscale properties.
Product overview
Midas Hospitality is a fully integrated real estate company offering Capital, Development, Construction, and Hotel Management services as a unified platform. The company operates as Midas Enterprises with four divisions: Midas Capital (investment), Midas Construction/MBG (building), Midas Hospitality (management), and Midas Development (interior design/procurement). The core product is hotel management services comprising Operations, Revenue Management, Sales & Marketing, Human Resources, Accounting, and E-Commerce modules. The company partners with global brands including Marriott, Hilton, IHG, Hyatt, Choice, and Best Western, managing select-service, extended-stay, boutique and upscale hotels. Additionally, the company offers Capital & Asset Management through investment funds, Development and Construction services for ground-up projects, and renovation services for existing properties. Social impact initiatives are handled through the Midas Hospitality Family Foundation. Notable owned/operated amenities include UPBAR rooftop bar and Tacos 4 Life restaurant franchises.
Differentiator
Problem solved
Functional benefit
Brands
- Midas Capital: Investment company specializing in hotel acquisition and development
- Midas Development
- MBG (Midas Building Group)
- Midas Family Foundation
Products and services
- Hotel Management Services Industry-leading hotel management for select-service, extended-stay, boutique, and upscale hotels across the United States. Midas operates properties for third-party owners as well as its own portfolio as a preferred operator for Marriott, Hilton, IHG, Hyatt, Choice, and Best Western. The offering includes operations oversight, revenue management, sales and marketing, human resources, centralized accounting, and e-commerce/digital marketing.
- Capital & Asset Management (Investments) Institutional-quality real estate investing focused on hotel acquisition and development. Midas Capital deploys capital from a network of approximately 200 private and institutional investors into hospitality projects, providing deal flow from reputation and relationships, boots-on-the-ground market knowledge, and financial co-commitment from the General Partner.
- Development Services Hotel property development services leading the process from site selection through opening day. Midas Development provides interior design and procurement for hospitality properties.
- Construction Services (MBG) Hotel and multi-family construction services delivered on time, on budget, and on brand. MBG (formerly Midas Construction) handles ground-up construction for new hotel developments and major renovation projects.
- Renovation Services Guiding hotel owners through the renovation process from start to finish for existing properties, including an $81 million investment in the historic Edison Brothers Building in Downtown St. Louis.
- Group Bookings Wide range of hotels nationwide offering best in class service for group travel, corporate events, and meetings. Midas employs dedicated regional sales directors to handle group bookings across its portfolio.
- Midas Hotel Fund Private equity fund for hotel investments that has deployed $25 million across multiple properties, available to the network of approximately 200 investors.
- Opportunity Zone Funds Tax-advantaged investment funds for designated economically disadvantaged areas. The first fund deployed $35 million for Aloft and Element hotels; the second fund deployed $11 million for a California Residence Inn.
Quantifiable outcome
- Marriott Developer of the Year award received in 2022, 2023, and 2024, demonstrating sustained top-tier performance within Marriott's portfolio.
- +4 more outcomes
Companies that use Midas Hospitality
Customer profileNamed customers1 record
Segments3 records
Ideal customer profiles3 records
Midas Hospitality technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Midas Hospitality partnerships and signals
Strategic signalPartnerships
13 partnerships are on record, tiered major, core and minor.
- Life Time Group HoldingsmajorLife Time Group Holdings agreed to a $200 million residential project deal with Midas Hospitality, extending its health and wellness brand into apartment living. This represents Midas's entry into wellness-focused multi-family hospitality projects.
- HIA (Hospitality ERP Platform)coreHIA, a hospitality-specific Enterprise Resource Planning platform, partnered with Midas Hospitality as one of its key partnerships driving 400+ new property additions in 2025. HIA's platform helps Midas streamline operations and eliminate manual data entry.
- Kimberly O'Fallon (Western Division Leadership)minorKimberly O'Fallon, a 30-year hospitality veteran from InnVentures, joined Midas to lead the new Western Division, bringing expertise working with Marriott, Hilton, Hyatt, and IHG brands.
- Starbucks (at MILA Apartments)minorStarbucks opened its first location in Ellisville, Missouri at the MILA Apartments development co-developed by Midas Hospitality and Balke Brown. The standalone 2,300-square-foot property serves as an amenity for the 227-unit apartment complex.
- Tacos 4 Life (Restaurant Franchise)minorMidas Hospitality introduced Tacos 4 Life to the Element Hotel in St. Louis Midtown as a restaurant franchise tenant, operating a 4,200-square-foot dining space with a patio. Tacos 4 Life donates a meal for every purchase through its Meal 4 Meal program.
- Walsh and Koelbel and CompanymajorWalsh and Koelbel and Company partnered with Midas Hospitality on Marriott's first hotel in Fraser Valley, Colorado — a SpringHill Suites development breaking ground in 2025. Midas is serving as the development and management partner.
- Kimpton Hotel and Staybridge Suites (Wells Fargo Campus)majorMidas Hospitality's planned $125 million redevelopment of the Wells Fargo campus includes two seven-story hotels — a Kimpton Hotel and Staybridge Suites — plus a high-end restaurant at Market Street and Jefferson Avenue in St. Louis.
- Castle Contracting LLCminorCastle Contracting LLC served as design-build site work contractor for the Residence Inn Clayton hotel project.
- SSC Engineering and CECO Concrete ConstructionminorSSC Engineering and CECO Concrete Construction collaborated with Midas Construction to redesign the Residence Inn Clayton project using cast-in-place concrete structure during supply chain challenges.
- BWH Hotel GroupcoreBWH Hotel Group selected Midas Hospitality to manage its Vīb boutique hotel in Phoenix-Tempe, Arizona — an upscale urban boutique property featuring Arizona's first Cousins Maine Lobster restaurant and a signature rooftop lounge.
- Boone Center Inc. (BCI Skills Center)minorMidas Hospitality partnered with Boone Center Inc. to train adults with intellectual and developmental disabilities for housekeeping room attendant positions at Midas's Courtyard by Marriott hotel in St. Peters. Each session accommodates 10 students over eight weeks.
- 3D DevelopmentmajorMidas Hospitality partnered with 3D Development (with offices in Georgia, Tennessee, and Texas) for a mixed-use project including an Element by Westin hotel in Richardson, Texas, valued at $22 million. This was Midas's second Element hotel development.
- Hampton Inn Derby Wichita Southeast & Hampton Inn Omaha West Dodge Road (Old Mill)minorNew hotel additions to the Midas portfolio — Hampton Inn Derby Wichita Southeast in Derby, Kansas and Hampton Inn Omaha West Dodge Road (Old Mill) in Omaha, Nebraska.
Scale indicators8 records
Recent moves7 records
Expansion highlights5 records
Midas Hospitality competitors and assessment
Company assessmentDirect peers
- Aimbridge Hospitality: Largest third-party hotel management company in North America, operating more than 1,500 properties across major brands. Directly comparable as a multi-brand third-party operator competing for the same owner-managed contracts Midas pursues.
- Pyramid Global Hospitality: Multi-brand hotel management and ownership platform covering upscale, lifestyle, and resort segments. Comparable integrated management, development, and investment model targeting similar owners and brands.
- Highgate Hotels: Hospitality management, development, and investment firm operating full-service and lifestyle hotels across major U.S. markets. Closely comparable integrated platform structure with owner/operator alignment.
- Interstate Hotels & Resorts: Third-party hotel management company operating across Marriott, Hilton, IHG, Hyatt, and independent brands. Directly competes with Midas in third-party management contracts for select-service and full-service properties.
- Concord Hospitality Enterprises: Hotel ownership and management company operating select-service and upscale properties for Marriott, Hilton, Hyatt, and IHG. Comparable mid-sized operator competing in the same franchise system tiers.
- Marcus Hotels & Resorts: Hotel owner/operator division of The Marcus Corporation managing branded full-service and select-service properties. Comparable mid-sized integrated owner-operator model.
- Crestline Hotels & Resorts: Independent hotel management and asset management firm operating branded and independent hotels across the U.S. Directly comparable third-party operator targeting similar owner segments.
- Charlestowne Hotels: Hotel management, development, and investment firm operating branded and boutique hotels. Comparable integrated structure and similar growth-stage scale.
- HP Hotels: Hotel management company operating branded select-service and full-service properties for institutional owners. Directly comparable third-party operator with Marriott/Hilton/IHG portfolio overlap.
- Dimension Hospitality: Third-party hotel management company operating branded select-service properties across major U.S. brands. Comparable scale, brand mix, and owner-targeting motion to Midas.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Midas Hospitality social profiles
Digital presenceMidas Hospitality financial estimates
Financial estimateRevenue estimate
Valuation estimate
Midas Hospitality leadership team
Management profileNumber of profiles
Profiles14 records
Midas Hospitality subsidiaries and ownership
Company hierarchySubsidiaries4 records
Midas Hospitality funding detail
Funding detailFunding overview
Funding rounds2 records
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Midas Hospitality M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Midas Hospitality
What does Midas Hospitality do?
Midas Hospitality is a fully integrated real estate company that develops, renovates, builds, manages, and invests in hotels across the U.S. It operates as a preferred hotel management company for Marriott, Hilton, IHG, Hyatt, Choice, and Best Western, providing third-party hotel management, development services, construction services (via MBG), and capital/asset management through investment funds and opportunity zone vehicles. The firm owns and operates a portfolio of more than 40 hotels spanning approximately 14 states, comprising select-service, extended-stay, boutique, and upscale properties.
Is Midas Hospitality a public or private company?
Midas Hospitality is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Midas Hospitality founded?
Midas Hospitality was founded in 2006. It employs 1,001 to 5,000 people.
Where is Midas Hospitality based?
Midas Hospitality is headquartered in St Louis, United States, in the North America region.
How does Midas Hospitality make money?
Two revenue lines are on record. Real Estate Investment Returns are the primary driver. The others are development and Construction Services.
Who are Midas Hospitality's main competitors?
Direct peers on record are Aimbridge Hospitality, Pyramid Global Hospitality, Highgate Hotels, Interstate Hotels & Resorts, Concord Hospitality Enterprises, Marcus Hotels & Resorts, Crestline Hotels & Resorts, Charlestowne Hotels, HP Hotels and Dimension Hospitality.
Does Midas Hospitality have an API?
No public API is recorded for Midas Hospitality.
What industry is Midas Hospitality in?
Midas Hospitality's product category is Hotel Management Services. Its primary akta.pro industry code is BPAJAGAG, Hospitality (Hotel) Property Management, with a secondary code of BPAJAMAE, Hospitality (Hotels & Resorts) Asset Management. Its NAICS code is 72111 and its SIC code is 7011.