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10/8/12(RLH) Red Lion Hotels Opens Denver Airport Location (Stock Blog Hub)

Red Lion Hotels Corporation (RLH) recently inked a franchise license agreement with the owners of a hotel located at the Denver International Airport. The 87-guestroom property will now become the Red Lion Inn and Suites Denver Airport. This new property is scheduled to be unveiled by November 2012. Financial terms of the deal were not [...]

7/21/12(RLH) Red Lion Signs Franchise License Agreement With WR Management for Cathedral City (Stock Blog Hub)

Spokane, Washington-based Red Lion Hotels Corporation (RLH) recently announced the signing of a franchise license agreement with WR Management Co. for a hotel -- Quality Inn & Suites Date Palm -- in Cathedral City, California. The agreement is in line with Red Lion Hotels’ strategy to expand its footprint in core markets through signing new [...]

6/17/11(RLH) Red Lion Sells Seattle Property (Stock Blog Hub)

Red Lion Hotels Corporation (RLH) has closed the sale of its hotel in Seattle. An affiliate of Lowe Enterprises Investors has acquired the property for $71 million. The public sale process was handled by Chris Burdett of CB Richard Ellis Hotels. While the hived off property will continue to operate under the Red Lion name, managed [...]

11/4/10Red Lion Hotels Reports Third Quarter EPS of $.17 (Benzinga)

Red Lion Hotels Corporation (NYSE: RLH) today announced its results for the third quarter ended September 30, 2010. Revenue from hotels during the third quarter increased to $46.2 million from $44.8 million in the prior year period. Total revenue during the third quarter was $49.8 million, compared to $50.3 million last year. EBITDA from continuing operations for the third quarter of 2010 was $12.4 million, compared to $12.7 million for the third quarter of 2009. Net income from...

11/3/10Red Lion Hotels Announces Two New Franchises (Benzinga)

Red Lion Hotels Corporation (NYSE: RLH) franchise development team announced that it has signed franchise license agreements with two owners of Northern California hotels. The first property will be a Red Lion Inn, located in Rancho Cordova, near Sacramento. The hotel was originally built as a Fairfield Inn by Marriott. This 111-room limited service hotel is expected to open as a Red Lion Inn in January 2011. The second property will be the Red Lion Hotel Oakland International Airport. ...


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