Wednesday, May 22, 2024 | Baltimore, MD

Buddy, can you spare $16 million for a convention hotel?

September 15, 2022
Downtown Baltimore on the Harbor

The latest news regarding the city-owned Hilton Baltimore Inner Harbor, the 757-room convention hotel on West Pratt Street, is the kind of thing that drives the average city taxpayer wild. The Hilton has been a money-loser for most of its history dating back to its opening 14 years ago, and the COVID-19 pandemic has only made matters worse — as it has for the hospitality industry in general. The bottom line? At least $16 million has gone toward keeping it afloat for the last two years so as not to default on its bond payments.

Article Source: Baltimore Sun

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