News

News
Date Title and Summary View
Oct 9, 2012
SPOKANE, Wash., Oct. 9, 2012 /PRNewswire/ -- Red Lion Hotels Corporation (NYSE: RLH) today announced the Red Lion Hotel Woodlake Conference Center Sacramento has officially converted to the brand. "We have invested in this property since purchasing it at the first of the year," said Kumar Sharma of Shri Vinayaka Hotel, Inc.  "Rebranding the ...
Sep 28, 2012
SPOKANE, Wash., Sept. 28, 2012 /PRNewswire/ -- Red Lion Hotels Corporation (NYSE: RLH) today announced the company has listed for sale the Red Lion Hotel Pendleton in Oregon. "We have successfully sold three properties that, in turn, have resulted in three franchise agreements with the new owners," said Jon E. Eliassen, President and Chief E...
Sep 12, 2012
SPOKANE, Wash., Sept. 12, 2012 /PRNewswire/ -- Red Lion Hotels Corporation (NYSE: RLH) today announced the company has signed a franchise license agreement with the owners of a hotel located at the Denver International Airport, the fifth busiest airport in the nation. "Our new franchise is one of the closest hotels in proximity to the Denver...
Sep 11, 2012
SPOKANE, Wash., Sept. 11, 2012 /PRNewswire/ -- Red Lion Hotels Corporation (NYSE: RLH) today provided an update on its review of strategic alternatives. As previously announced in March 2012, the board of directors of Red Lion Hotels retained BofA Merrill Lynch as its financial advisor in connection with its exploration of strategic alterna...
Sep 4, 2012
SPOKANE, Wash., Sept. 4, 2012 /PRNewswire/ -- Red Lion Hotels Corporation (NYSE: RLH) announced today it has sold for $9.0 million the Red Lion Hotel Sacramento at Arden Village.  This hotel was previously leased to the buyer.  As part of the transaction, the franchise agreement at that location will terminate and a new franchise will be added in S...
Aug 7, 2012
SPOKANE, Wash., Aug. 7, 2012 /PRNewswire/ -- Red Lion Hotels Corporation (NYSE: RLH), a western U.S. based owner and franchisor of midscale hotels, today announced its results for the second quarter ended June 30, 2012. The company reported second quarter revenues of $38.8 million and EBITDA of $5.5 million, each from continuing operations before s...
Aug 6, 2012
SPOKANE, Wash., Aug. 6, 2012 /PRNewswire/ -- Red Lion Hotels Corporation (NYSE: RLH) announced today the company has entered into a definitive agreement to sell for $13.0 million the Red Lion Hotel Denver Southeast in Colorado. "The sale of a non-core property provides us with additional financial flexibility," said Jon E. Eliassen, Presiden...
Jul 26, 2012
SPOKANE, Wash., July 26, 2012 /PRNewswire/ -- Red Lion Hotels Corporation (NYSE: RLH) announced today it has entered into an agreement to sell the Red Lion Colonial Hotel in Helena, Mont., to Helena Colonial L.L.C.  The purchase price for the sale is $5.6 million and the close date is scheduled for July 31, 2012.  The buyer has indicated that it in...
Jul 19, 2012
SPOKANE, Wash., July 19, 2012 /PRNewswire/ -- Red Lion Hotels Corporation (NYSE: RLH) today announced that it will report 2012 second quarter results after the market closes on Tuesday, August 7. The company will hold a conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on Tuesday, August 7, 2012, to discuss the results for i...
Jul 18, 2012
SPOKANE, Wash., July 18, 2012 /PRNewswire/ -- Red Lion Hotels Corporation (NYSE: RLH) announced the company has signed a franchise license agreement with the owners of a hotel in Cathedral City, California. "This hotel is well-located in the Palm Springs region of Southern California, an area we are sure Red Lion guests will appreciate," sai...
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