Not bad, but there are better hotels for the money in Baltimore
I was here for a conference - so I don't think I would have stayed here otherwise. The property is dated and is due for a refresh. The room we had was rather small, even for a downtown property. The bathroom was almost cruise ship small. 
We had to call twice to get additional pillows to the room. Not the end of the world, they might have been busy. But when my wife called for a porter at checkout they never arrived. She carried the bags to the bell stand by herself after waiting 30 minutes. 
The breakfast room service did arrive right on time and wasn't super expensive - so that was good.
The hotel bar staff was good, and they had a couple of local beers on tap. The crab soup was actually pretty good.
Valet parking is crazy expensive - not unexpected - but there is a parking garage right across the street that is open 24 hours and is $14 a night - less than half of the hotel valet rates. Buy a couple of local beers at the bar with the money you will save.
Location is pretty good. The First Mariner arena is across the street. The Inner Harbor and Camden Yards are a few blocks away.
This is more of an office district, so head to the Inner Harbor or Fells Point for food, drink and shopping, especially after 6. This area pretty much shuts down after 6.
There is local construction going on as of June 2012. The hotel provided ear plugs for rooms facing the construction. I was up early anyway, but it would have been loud enough to bother me had I not been up already - and it would be quite bad on a lower floor. If this concerns you, ask about it at check in and get a higher floor or a room on the other side of the hotel.