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Hilton’s $11.5M loss mostly from depreciation

While the city-owned Hilton Baltimore Convention Center Hotel lost $11.5 million last year, development officials stressed that the loss is not coming down to taxpayers. “The hotel to date… has not lost a single penny for the taxpayers of Baltimore City,” said M.J. “Jay” Brodie, president of the Baltimore Development Corp. The 757-room hotel, which opened on ...

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