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 Urgo Hotels Opens New Marriott Residence Inn in Baltimore’s Inner Harbor; 
First Extended-Stay Hotel in Downtown Area
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BALTIMORE, Md./BETHESDA, Md., August 11, 2005 — Urgo Hotels, a major developer, owner and operator of upscale hotels, today announced the grand opening of the 188-unit Marriott Residence Inn Baltimore Downtown/Inner Harbor.  Located at the corner of Light St. and Redwood St. at Baltimore’s Inner Harbor, it is the first upscale extended-stay hotel in the downtown area.

“Response to the hotel has been exceptional,” said Kevin Urgo, senior vice president.  “The hotel appeals to a broad cross-section of guests due to its proximity to the city’s tourist venue, the convention center, medical centers, financial institutions, and commercial center.  It also offers a full-service hotel experience featuring spacious studios and one- and two-bedroom suites, which offer great value.  Business travelers on extended assignment enjoy the home-like setting, the lobby restaurant and lounge and the work-support amenities, such as high speed Internet access, large work desks and the library and business center.  Families relocating to Baltimore, sightseeing at the Inner Harbor, attending a sporting event or visiting relatives undergoing medical treatment, like the additional space not found in nearby conventional hotels, and our complimentary breakfast buffet.”  

Centrally located in the Inner Harbor, the hotel provides easy access to the Harborplace Shopping Mall, the National Aquarium and the Port Discover Kids Museum.  The property is in close proximity to numerous eating, drinking and entertainment establishments, including the ESPN Zone, Planet Hollywood, and the Hard Rock Cafe.  

The 15-story building features studios, one- and two-bedroom suites.  Guest suites feature a king-size bed or two queen-size beds in a separate bedroom, a fully equipped kitchen and living room, two telephone lines with voice mail, high-speed Internet access, desk and ergonomic chair, cable TV and a sleeper sofa. 

The hotel lobby includes the upscale Hearth Room that provides a comfortable seating area where guests can enjoy a complimentary hot breakfast, served daily, and an evening cocktail reception.  The lobby area will feature a restaurant and lounge. 

 The hotel’s two meeting rooms provide approximately 1,500 square feet of meeting space to handle groups ranging in size up to 120 people seated.  “The hotel is located in the heart of the business district and just three blocks from the Baltimore Convention Center, and the Courthouse, which makes us the ideal hotel to handle smaller meetings, either in conjunction with conventions or by themselves,” said Patrick Miner, the hotel’s general manager.

The Residence Inn’s other amenities and services include a fitness center, a marketplace/sundry store, a library and business center and valet parking.  The hotel participates in the Marriott Rewards program, which enables members to earn their choice of points toward free vacations or frequent flyer mileage in their preferred airline program.

Urgo Hotels, a Bethesda, Md.-based hotel company, develops, owns and operates distinctive and unique hotels in major markets in the United States and Canada.  The company owns and/or operates 17 upscale hotels with 3,033 rooms has three properties under construction and several under development in the U.S. and Canada.  Additional information may be found at the company’s Web site www.urgohotels.com.

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Contact:

Urgo Hotels
www.urgohotels.com

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Also See: Marathon Real Estate and Urgo Hotels Partner in Building US$36.5 million Residence Inn and Courtyard Hotel Complex at Montreal-Trudeau International Airport; Hotels Will Share a Restaurant, Indoor Pool & 6,000 sq ft of Meeting Space / July 2005
Urgo Hotels Acquires the 190 unit Residence Inn by Marriott, Downtown Montreal for $ 19.7 million / January 2005


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