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ROCP Buys Historic Inner Harbor Hotel, Renames It

BALTIMORE, MD-The 439-room, full service Hilton hotel has been purchased by Radisson-Olympus Capital Partners and renamed the Radisson Plaza Hotel Baltimore Inner Harbor. Company officials didn't release financial details.

By Wendy Watkins | Updated on May 17, 2001

BALTIMORE, MD-The 439-room, full-service Hilton hotel in the city’s inner harbor has been purchased by Radisson-Olympus Capital Partners and renamed the Radisson Plaza Hotel Baltimore Inner Harbor. Company officials didn’t release financial details for purchasing the historic landmark property.

ROCP was formed this past year between Olympus Real Estate Partners and Carlson Hotels Worldwide to acquire hotels for conversion and management under Carlson’s Radisson and Regent International Hotel brands. The ROCP partnership is seeking additional investments in existing full-service hotel properties in the top 25-30 major domestic metropolitan markets.

The hotel, built in 1928 as the Lord Baltimore Hotel, is listed on the National Register of Historic Places. Previous renovations have maintained its period architecture, and over the next 18 months more upgrades are planned, including creating concierge guest floors targeting the corporate traveler.

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