Hospitality co. enters Texas market with TMC-area hotel deal

St. Louis-based Midas Hospitality recently bought a Staybridge Suites near NRG Stadium and the Texas Medical Center from Beaumont-based Pride Management Inc. for an undisclosed amount.

This is Midas’ first hotel in Texas, bringing the company to 41 hotels across 14 states. The company was attracted to the 120-room Staybridge Suites, at 9000 S. Main St., due to its proximity to the TMC, according to a press release from CBRE.

“This opportunity fit perfectly with our company’s vision and capabilities,”…

Hospitality co. enters Texas market with TMC-area hotel deal syndicated post

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