Red Lion Hotels to Present at the Eleventh Annual ICR XChange Conference

SPOKANE, WA, January 7, 2009 - Red Lion Hotels Corporation (NYSE: RLH) today announced that Chief Financial Officer Anthony Dombrowik will be presenting at the Eleventh Annual ICR XChange Conference on Wednesday, January 14, 2009 at the St. Regis Monarch Beach Resort & Spa in Dana Point, California. The presentation will begin at 8:25 AM Pacific Time.

About Red Lion Hotels Corporation:

Red Lion Hotels Corporation is a hospitality and leisure company primarily engaged in the ownership, operation and franchising of upscale and midscale hotels under its Red Lion® brand. As of September 30, 2008, the RLH hotel network was comprised of 47 hotels located in nine states and one Canadian province, with 8,910 rooms and 437,626 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

Investor Relations:
ICR Inc.
William Schmitt
(203) 682-8200

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