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BALTIMORE-The Mount Vernon Hotel–a unique 195-room property that serves as a public hotel destination, as well as an upscale dormitory for students of property owner Baltimore International College–has gotten a new management team. Marshall Management has stepped in to operate the Mount Vernon and plans to reposition the property through an aggressive marketing campaign in an effort to increase revenue. The company is taking over for the school, which had managed the property until now.

Situated at the center of the city’s Mount Vernon cultural and historic district on Franklin St., the 95-year-old property is just a hop-skip-and-a-jump from such popular area attractions as the Inner Harbor, the Peabody Conservatory and the Walters Art Gallery, as well as the Baltimore International College, which specializes in culinary arts and hospitality management. Mount Vernon was originally developed as a YMCA, but today, offers a state-of-the-art fitness facility, a business center and meeting space to accommodate as many as 100 individuals.

“After two-and-a-half years of an economic downtrend, owners realize they need more from their operators,” explains Marshall Management president Michael Marshall. “We are seeing two types of owners seeking our services–those who are losing money, and those who are making less and less money every year. Neither group is happy, and both are doing something about it.”

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