How the Baltimore Tourism Industry Plans to Turn Its Lodging Losers into Hotel Heroes
DBRS, Inc. (DBRS) released the commentary “How the Baltimore Tourism Industry Plans to Turn Its Lodging Losers into Hotel Heroes.â€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trend in hotel performance across Baltimore, with a multitude of challenges facing the industry — the biggest being outdated infrastructure insufficient for holding large conferences.
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