{"id":1004115289,"date":"2015-03-11T11:26:17","date_gmt":"2015-03-11T19:26:17","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=330907"},"modified":"2022-12-08T04:56:35","modified_gmt":"2022-12-08T12:56:35","slug":"new-radisson-hotel-opens-in-the-baltimore-area","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/new-radisson-hotel-opens-in-the-baltimore-area\/","title":{"rendered":"New Radisson Hotel Opens in the Baltimore Area"},"content":{"rendered":"<p style=\"text-align: justify\"><em>By Adrian Maties, Associate Editor<\/em><\/p>\n<p style=\"text-align: justify\"><a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/03\/radisson-logo.jpg\"><img decoding=\"async\" loading=\"lazy\" class=\"alignright size-full wp-image-330908\" title=\"radisson-logo-300x300-300x300\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/03\/radisson-logo.jpg\" alt=\"\" width=\"300\" height=\"300\" \/><\/a>Radisson is expanding in the Baltimore area. The hospitality brand recently opened a new hotel in Timonium.<\/p>\n<p style=\"text-align: justify\">The Radisson Hotel North Baltimore is located at 2004 Greenspring Drive, just off I-83 and the Baltimore Beltway. It has 249 guest rooms and suites. The hotel also features a business center, an outdoor pool, fitness center, an on-site Northern Lights restaurant, and 20,000 square feet of function space, including two ballrooms, 17 conference and breakout rooms and a 10,000-square-foot Atrium Exposition and Conference Space.<\/p>\n<p style=\"text-align: justify\">Radisson announced the addition of the Radisson Hotel North Baltimore to its North American portfolio at the start of the year. The property was formerly known as the North Baltimore Plaza Hotel. It went into foreclosure in 2014, when the former owner, Timonium Management Inc., was unable to pay a $13.3 million loan, and was auctioned off last November. Stephen Nalley is the hotel\u2019s current owner.<\/p>\n<p style=\"text-align: justify\">According to Marcus &amp; Millichap\u2019s latest hospitality market report, hotels in the Mid-Atlantic region can expect higher room demand and revenues this year. The real estate investment services firm said that the improving economy will support additional business travel in 2015, across the entire region. The rate of room nights will grow faster than room stock, generating a 0.9 percent rise in regional occupancy, to 63.6 percent. Average daily rates will also increase by 3.6 percent, to $120.78, and so will revenue per available room. It will climb 5.1 percent, to $76.84.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Radisson is expanding in the Baltimore area. The brand has recently opened a new hotel in Timonium.<\/p>\n","protected":false},"author":925,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1579,21742],"tags":[],"class_list":["post-1004115289","post","type-post","status-publish","format-standard","hentry","category-baltimore","category-latest"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>New Radisson Hotel Opens in the Baltimore Area - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/new-radisson-hotel-opens-in-the-baltimore-area\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New Radisson Hotel Opens in the Baltimore Area\" \/>\n<meta property=\"og:description\" content=\"Radisson is expanding in the Baltimore area. The brand has recently opened a new hotel in Timonium.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/new-radisson-hotel-opens-in-the-baltimore-area\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2015-03-11T19:26:17+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-08T12:56:35+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/03\/radisson-logo.jpg\" \/>\n<meta name=\"author\" content=\"Adrian Maties\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/new-radisson-hotel-opens-in-the-baltimore-area\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/new-radisson-hotel-opens-in-the-baltimore-area\\\/\"},\"author\":{\"name\":\"Adrian Maties\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/6dfc8d1c9006c9fd1c89d69133130109\"},\"headline\":\"New Radisson Hotel Opens in the Baltimore Area\",\"datePublished\":\"2015-03-11T19:26:17+00:00\",\"dateModified\":\"2022-12-08T12:56:35+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/new-radisson-hotel-opens-in-the-baltimore-area\\\/\"},\"wordCount\":242,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/new-radisson-hotel-opens-in-the-baltimore-area\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2015\\\/03\\\/radisson-logo.jpg\",\"articleSection\":[\"Baltimore\",\"News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/new-radisson-hotel-opens-in-the-baltimore-area\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/new-radisson-hotel-opens-in-the-baltimore-area\\\/\",\"name\":\"New Radisson Hotel Opens in the Baltimore Area - 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