Midas Hotel and Casino

What Midas Hotel and Casino does

Midas Hotel and Casino is a privately-held integrated hotel and casino property located at 2702 Roxas Boulevard in Pasay City, Metro Manila, Philippines. The company operates a 227-room inventory tiered across nine categories ranging from Deluxe Rooms (Php13,000 per night) to a Presidential Suite (Php50,000 per night), positioned as a design-led lifestyle hotel in the Manila Bay area near the airport, Mall of Asia, and integrated casino resorts. Ancillary revenue streams include a 24-hour boutique casino with table games and slot machines, three dining venues (Midas Cafe, Yanagi Japanese Cuisine, 2702 Lobby Lounge), six event venues (up to 550 persons), Essences Spa, a fitness center, Mye Boutique, and standard hospitality amenities (airport transfer, shuttle to Mall of Asia, valet and laundry services). The Midas Rewards Club loyalty program integrates accommodation, dining, and gaming benefits.

The business model is a multi-vertical hospitality operation with revenue generated from overnight room stays (pay-as-you-go unit pricing), transactional F&B charges, gaming activity, event venue rentals, and ancillary service fees. Distribution occurs through direct booking via the official website (powered by STAAH), third-party online travel agencies, and walk-in or phone reservations. The company employs 426 staff and serves affluent travelers, business professionals, and event clients seeking a design-forward integrated hotel-casino experience in Metro Manila. Culinary recognition includes listing in Asia Tatler Dining's top restaurants for 2012 (Midas Cafe) and a Tatler award for Yanagi Japanese Restaurant. No parent company, ownership structure, or external investment is disclosed in the source data.

Name

Midas Hotel and Casino

Legal name

Midas Hotel and Casino

Website

https://midashotelandcasino.com

Company type

Private

Operating status

Operating

Headcount range

251–500 employees

Short description

Midas Hotel and Casino is a privately-held design-led lifestyle hotel and 24-hour boutique casino in Pasay City, Metro Manila, operating 227 rooms and suites across nine tiers, with dining outlets, event venues, spa, and a loyalty program serving affluent travelers and business professionals.

Ownership category

akta.pro rank

Product category

Hotel and Casino Hospitality

NAICS

Casino Hotels (721120), Casino Hotels (72112), Casinos (except Casino Hotels) (713210)

SIC

Hotels, Rooming Houses, Camps & Other Lodging Places (7000), Services-Amusement & Recreation Services (7900), Retail-Eating & Drinking Places (5810)

akta.pro primary industry

Boutique & Lifestyle Casino Hotels (THAGAJAH)

akta.pro secondary industries

Convention & Events Casino Hotels (THAGAJAK), Luxury Casino Hotels (THAGAJAI)

Keywords

• Hotel accommodations
• Casino gaming
• Event venues
• Restaurant dining
• Spa wellness

Headquarters

HQ city

Pasay City

HQ country

Philippines

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure, Supply Chain, Others

Revenue model

1. Hotel Accommodations: Revenue from 227 guest rooms and suites across multiple tiers from Deluxe to Presidential Suite. Includes daily operations, room service, and the signature Midas Touch service commitment.
2. Midas Casino: 24-hour boutique casino operations featuring classic table games and slot machines. Includes Midas Rewards Club membership program offering discounts on accommodations and dining, and bonus rewards for gaming activity.
3. Dining: Multiple dining venues including Midas Cafe (Asian Tatler Dining listed), Yanagi Japanese Cuisine (Tatler-awarded), and 2702 Lobby Lounge. Revenue from buffet breakfast, lunch and dinner buffets, and al carte dining.
4. Meeting and Events: Event venue rentals including VIP Lounge, Mayfair, Avenue Montaigne, Oxford, and Midas Tent. Services include lunch buffets, sit-down dinners, and mid-afternoon snacks for corporate events, conferences, and weddings.
5. Spa and Wellness: Essences Spa offering facials, full-body treatments, and in-room massage services.
6. Ancillary Services: Airport transfer, shuttle service to Mall of Asia, valet and laundry services, business center access, and Mye Boutique retail.

Pricing tiers

Distribution channels3 records

Marketing channels3 records

Core offering

Midas Hotel and Casino is a design-led lifestyle hotel in Metro Manila offering 227 guest rooms and suites, a 24-hour boutique casino with table games and slot machines, three dining venues (Midas Cafe, Yanagi Japanese Cuisine, 2702 Lounge), six meeting and event spaces up to 550 persons, and ancillary amenities including Essences Spa, Fitness Center, Business Center, Mye Boutique, and airport/Mall of Asia shuttle services. The property packages accommodations, dining, gaming, events, and wellness into an integrated hospitality experience along Roxas Boulevard in Pasay City.

Product overview

Midas Hotel and Casino is a design-led lifestyle hotel in Metro Manila with 227 guest rooms and suites. The product portfolio includes accommodation (9 room categories ranging from Deluxe Room to Presidential Suite), dining (Midas Cafe, Yanagi Japanese Cuisine, 2702 Lounge), Midas Casino (open 24 hours with table games and slots), meeting and events venues (VIP Lounge, Mayfair, Avenue Montaigne, Oxford, Midas Tent), and guest amenities (Airport Transfer, Business Center, Essences Spa, Fitness Center, Mye Boutique, Shuttle Service, Valet and Laundry Services). The hotel positions itself as a design-focused property combining glamour, contemporary style, and local Manila flair along Sunset Boulevard.

Differentiator

Problem solved

Functional benefit

Brands

• Midas Cafe: Multi-cuisine restaurant offering Western and Filipino dishes with buffet breakfast and weekend lunch/dinner buffets. Listed in Asia Tatler Dining's top restaurants for 2012.
• Yanagi Japanese Restaurant
• 2702 Lounge
• Midas Casino
• Midas Rewards Club
• Essences Spa
• Mye Boutique

Products and services

• Deluxe Room
• Executive Room
• Junior Suite
• Junior Grande
• Deluxe 1 Bedroom Suite
• Junior Executive Suite
• Junior Executive Grande
• Executive 1 Bedroom Suite
• Presidential Suite
• Midas Cafe
• Yanagi Japanese Cuisine
• 2702 Lobby Lounge
• Midas Casino
• VIP Lounge Event Venue
• Mayfair Event Venue
• Avenue Montaigne Event Venue
• Oxford Event Venue
• Midas Tent Event Venue
• Essences Spa
• Fitness Center
• Business Center
• Airport Transfer
• Shuttle Service
• Valet and Laundry Services
• Mye Boutique

Segments1 record

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators3 records

Recent moves4 records

Expansion highlights3 records

Broad incumbents

• Conrad Manila: Luxury hotel at the Mall of Asia complex in the Bay area. Comparable to Midas as an upscale stay in the Manila Bay leisure corridor, but brand-backed by Hilton at a higher price point and without a casino.

Direct peers

• Hyatt Regency Manila City of Dreams: Upscale hotel within the City of Dreams Manila complex. Comparable to Midas as a branded upscale Manila Bay hotel targeting business and leisure travelers, though without independent casino operations.
• Dusit Thani Manila: Upscale Thai-branded hotel in the Makati/Bay area. Comparable to Midas as a design-focused upscale hotel with multiple dining outlets and event venues targeting affluent business and leisure travelers.
• City of Dreams Manila: Integrated casino resort near NAIA (operated by Melco/Belle Corp). Competes for the same Manila Bay gaming and hotel market as Midas, with multiple hotel brands including Nobu and Hyatt Regency.
• Heritage Hotel Manila: Established upscale hotel on Roxas Boulevard in Pasay, effectively Midas's direct neighbor. Comparable mid-upper scale hotel with similar MICE and F&B offerings in the same Sunset Boulevard corridor.
• Solaire Resort & Casino: Integrated casino resort in the Manila Bay entertainment city (owned by Bloomberry Resorts). Directly competes with Midas for gaming and upscale lodging in the same Pasay/Parañaque corridor, though at a much larger scale.
• Okada Manila: Large integrated casino resort in the Manila Bay area. Competes directly with Midas for gaming and hospitality demand in the same district, with a much larger gaming floor and room inventory.
• Savoy Hotel Manila: Mid-to-upper scale hotel near NAIA and Resorts World. Comparable to Midas's airport-adjacent, business-traveler positioning and similar room count, though without casino operations.
• Resorts World Manila: Integrated casino resort near NAIA (operated by Travellers International). Comparable to Midas as a combined hotel-casino property serving the same Manila traveler base, with multiple hotel brands and entertainment offerings.
• Nobu Hotel at City of Dreams Manila: Design-led boutique hotel within City of Dreams Manila. Closest competitor to Midas's lifestyle/boutique positioning in the same Manila Bay market, offering designer rooms and a curated F&B experience.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/midashotelandcasino

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Midas Hotel and Casino