The city-owned Hilton Baltimore hotel may have had a $5.5 million loss in 2016, but the Baltimore Development Corp. sees it as more of a paper loss and a positive cash flow shows the hotel is moving in the right direction. An audit conduced by CliftonLarsonAllen LLP released Wednesday showed the hotel built adjacent to the Baltimore Convention Center and near Camden Yards saw revenue rise to $64.1 million last year, but expenses also increased to $69.6 million. Jeff Pillas, CFO of the BDC and executive…
from http://www.bizjournals.com/baltimore/news/2017/06/08/bdc-views-hilton-baltimore-deficit-as-paper-loss.html?ana=RSS%26s=article_search
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