January 30, 2007

Red Lion Hotels to Present at the Deutsche Bank Securities 2007 Small Cap Growth Conference

SPOKANE, WA, January 30, 2007 – Red Lion Hotels Corporation (NYSE:RLH) today announced that that its Chief Financial Officer, Anupam Narayan, will present at the Deutsche Bank Securities Small Cap Growth Conference at 10:40 a.m. ET on Tuesday, February 13, 2007. The conference is being held at The Ritz-Carlton Hotel in Naples, Florida.

The Deutsche Bank Securities Small Cap Growth Conference is a three-day event featuring presentations from dynamic, small-cap companies with high growth potential in a broad spectrum of sectors, including consumer and retail, global business services, technology, gaming and lodging, healthcare, and transportation and logistics.

The presentation will be webcast live and may be accessed at Red Lion's website, http://www.redlion.com, in the Investor Relations portion of the website. A replay of the webcast will be available on the website for 90 days beginning the afternoon of the presentation.

About Red Lion Hotels Corporation

Red Lion Hotels Corporation is a hospitality and leisure company primarily engaged in the ownership, operation and franchising of midscale and upscale, full service hotels under its Red Lion® brand. As of September 30, 2006 the RLH hotel network was comprised of 58 hotels located in nine states and one Canadian province, with 10,168 rooms and 506,629 square feet of meeting space. The company also owns and operates an entertainment and event ticket distribution business. For more information, please visit the company's website at www.redlion.com.

Contact:
Red Lion Hotels Corporation
Julie Langenheim, Investor Relations Manager
(509) 777-6322
InvestorRelations@RedLion.com
or
CCG Investor Relations
Crocker Coulson, President
(646) 213- 1915
crocker.coulson@ccgir.com
or
Elaine Ketchmere, VP Financial Writing
(310) 231-8600 ext 119
elaine.ketchmere@ccgir.com


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