BUSINESS
By Lorraine Mirabella, The Baltimore Sun | March 21, 2013
The family owners of The Inn at the Black Olive in Fells Point hope a bankruptcy filing Thursday will give them time to try to attract investors and keep operating the 2-year-old boutique hotel, their bankruptcy attorney said. The Black Olive Development Co. LLC's Chapter 7 filing in Baltimore's U.S. Bankruptcy Court prevented a planned foreclosure auction of the 12-suite luxury inn on South Caroline Street from going forward Thursday morning. Chapter 7 permits an orderly liquidation of assets to repay creditors, but the case could be converted to a Chapter 11 reorganization if the company finds investors.
BUSINESS
By Lorraine Mirabella, The Baltimore Sun | March 18, 2013
The Inn at the Black Olive, a 12-suite boutique hotel in Fells Point known for eco-friendly amenities, will be offered for sale at a foreclosure auction Thursday. An auction by Alex Cooper Auctioneers Inc. is slated for 9 a.m. at the South Caroline Street site of the two-year-old inn, which touts features such as organic bedding and towels, harbor-view balconies and spa bathrooms with aqua-therapy tubs. The inn is owned by the Spiliadis family, which operates the Black Olive Restaurant on Bond Street, also in Fells Point.
NEWS
By Lawrence S. Wittner | March 13, 2013
At this time of severe cutbacks in government funding for food stamps, early childhood education and Meals on Wheels, some Maryland legislators are hard at work looking out for the welfare of one of the world's wealthiest corporations. Under a bill advancing in the General Assembly, the Lockheed Martin Corp. would have the taxes on its luxurious Bethesda hotel and conference center reduced by approximately $450,000 a year. An earlier version of the legislation also included a $1.4 million refund for the period since 2010.
BUSINESS
By Steve Kilar, The Baltimore Sun | March 4, 2013
The jeans are too gray, Toby Schermerhorn is on the phone saying. They need to be bluer, she tells the person handling the jeans. Prints of this collage - dozens of overlapping blue jean-clad bottoms - are going to grace guest room bathrooms in a new Renaissance hotel in Alberta, Canada. The rendering is an homage to the Levi's manufacturing that used to take place nearby. Hundreds of details like this, the precise color of jean butts, get honed to perfection in Frederick County by Schermerhorn and her husband, Rob Laschever, who run a four-person company that dictates the look and feel of hotel interiors.
BUSINESS
By Luke Broadwater, The Baltimore Sun | February 27, 2013
The city will be forced to dip into its general fund for $1 million to help the city-owned Hilton Baltimore make debt payments this year, city officials said Wednesday. Harry E. Black, Baltimore's director of finance, said the hotel needs the money to make payments in March and September. The Hilton is expected to contribute $2.8 million in taxes this year from the hotel occupancy tax to the general fund, so the hotel is drawing from money it created, he said. "I expect it's going to be an ongoing thing for a period of time," Black said.
FEATURES
By Katie Mercado, For The Baltimore Sun | February 26, 2013
An important detail, yet less sexy, for wedding planning is the hotel situation and transportation. This especially comes into play when your venue is far away from most of your guests. For example, most of our guests are coming from Baltimore and Harford counties, but our venue is in Frederick, which is about a 45-minute to an hour drive. Granted it's a beautiful, country drive and there shouldn't be any traffic on a Saturday afternoon/evening, but it's still a lot to ask of people It's pretty common for couples to arrange for hotel rooms for the bridal party, family, out of town guests and those who want to make an entire night of it. Our wedding will be no different.