DBRS Releases Commentary on Baltimore Hotel Performance Slump

DBRS, Inc. (DBRS) released the commentary “How the Baltimore Tourism Industry Plans to Turn Its Lodging Losers into Hotel Heroes.”

As total bookings and nightly rates continue to decline year over year throughout Baltimore, Maryland, it has become apparent that citywide demand drivers for hotels are not what they once were. DBRS has noticed a downward trend in hotel performance across Baltimore, with a multitude of challenges facing the industry — the biggest being outdated infrastructure insufficient for holding large conferences. This commentary explores

-- The causes of and contributing factors to Baltimore’s declining hotel performance.
-- What this decline means for the local economy and how local government and businesses are planning to stimulate demand.
-- The state of hotel supply and demand in the city, including recent developments and planned future construction.
-- Baltimore hotels secured in the commercial mortgage-backed security universe on the DBRS Viewpoint platform.

Notes:
The commentary is available at www.dbrs.com.

For more information on this industry, visit www.dbrs.com or contact us at info@dbrs.com.

DBRS, Inc.
333 West Wacker Drive, Suite 1800
Chicago, IL 60606 USA