Midas Hotel and Casino

Midas Hotel and Casino
Interactive map of Midas Hotel and Casino
Former names	Hyatt Regency Manila
General information
Location	Pasay, Philippines
Coordinates	14°32′23.3″N120°59′34.9″E / 14.539806°N 120.993028°E / 14.539806; 120.993028
Completed	1968
Design and construction
Architect	Leandro V. Locsin
Other information
Number of rooms	227 [1]

The Midas Hotel and Casino is a casino hotel in Pasay, Metro Manila, Philippines. ^[2]

History

The Midas Hotel and Casino opened in 1968. On February 1, 1971, the hotel became part of the Hyatt Hotel chain; the second Hyatt establishment outside the United States. It was owned by singer-songwriter Jose Mari Chan. ^{[3] [4]}

The hotel was acquired by the Sunwest Group headed by Zaldy Co and adopted its current name. ^{[5] [6]} The rebranded hotel had a soft opening on December 29, 2010. ^[1]

Half the hotel's stake was sold to Lucio Co, the owner of Puregold sometime in 2011. In 2012, Zaldy Co's Eco Leisure and Hospitality Holding Co. with the Leisure and Resorts World Corp. (LRWC) collaborated to acquire the shares back from Lucio Co after the partnership did not work out as intended. ^[7]

The LRWC divested its 51 percent shares in 2019 with Eco Leisure offering to purchase it by exercising right of first refusal. This led to a legal dispute since 2020 between LRWC (now DigiPlus) and Eco Leisure. ^[8]

Architecture and design

The hotel building was designed by National Artist for Architecture Leandro V. Locsin. It is of Modernist architecture with Filipino characteristics. ^[4]

References

1. Hallig, Lester Gopela (March 13, 2011). "The Midas touch". The Philippine Star. Retrieved October 13, 2022.
2. "Where are the 'Hyatt 10' now?". Rappler . July 8, 2014. Retrieved October 13, 2022.
3. Red, Isah V. (January 12, 1996). "Gabby's 'Dear mom' letter: The real thing or fake?". Manila Standard . Kamahalan Publishing Corp. p. 28B. Retrieved February 11, 2023.
4. Alcazaren, Paulo (May 6, 2006). "35 years at the Hyatt". The Philippine Star. Retrieved October 13, 2022.
5. "Hyatt Regency sold; to reopen as hotel-casino". Marianas Business Journal. December 20, 2009. Archived from the original on September 4, 2022. Retrieved October 13, 2022.
6. "Midas Hotel does a throwback to Hyatt days". ABS-CBN News. April 12, 2014. Retrieved October 13, 2022.
7. Dumlao, Doris C. (October 31, 2012). "Misibis Bay resort owner buying back Midas hotel stake". Philippine Daily Inquirer. Retrieved November 29, 2025.
8. Romero, Maria Bernadette (November 29, 2025). "Zaldy Co faces strain as Digiplus awaits Pasig ruling". Daily Tribune. Retrieved November 29, 2025.