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Industry News
Hotel Industry NewsIncreases in hotel parking taxes draw complaintsDespite vehement opposition from operators of downtown hotels and parking garages, Baltimore City Council members stood firm Thursday in their support of a contentious package of new taxes, saying the money was needed to stem a torrent of red ink."We're facing a $121 million deficit," said Councilwoman Helen L. Holton, head of the council's finance committee. "What do we do?" Holton and other committee members gently chided a group of business leaders who came to a public hearing to complain, reminding them repeatedly of the city's dismal financial state and all but declaring that, if taxes are not raised, disaster will follow. Committee members invited the business community to suggest other ways to extricate the city from its predicament."Help us find some way to raise this money," Councilman James B. Kraft said. "Please understand what we're faced with."
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