BALTIMORE STANDING TOGETHER: WJZ, The Baltimore Sun & the University of Baltimore will hold town hall meetings to talk about the issues our city is facing. City leaders will share their plans & answer your questions. Be Heard Baltimore. CLICK HERE to contact us with your questions.

CUMBERLAND, Md. (AP) — The Holiday Inn in downtown Cumberland has a new owner.

The Cumberland Times-News reported Monday that CHPHC Hotel LLC of New York bought the 130-room property Feb. 8 from Maryland Motel Management Inc.

State tax records list the sale price at $3.6 million. That’s $1.3 million less than the 2005 sale price of $4.9 million.

The 40-year-old hotel is located near the downtown pedestrian mall and the Amtrak station. It was the city’s only major chain hotel for many years until a Fairfield Inn opened in 2009.

The Holiday Inn had a workforce of 53 late last year.

(Copyright 2012 by The Associated Press. All Rights Reserved.)

Comments

Leave a Reply

Please log in using one of these methods to post your comment:

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More From CBS Baltimore

Track Weather On The Go With Our App!
CBS All Access

Watch & Listen LIVE