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MarketScreener Homepage  >  Equities  >  Nyse  >  Red Lion Hotels Corporation    RLH

RED LION HOTELS CORPORATION

(RLH)
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Red Lion Hotels : Inn & Suites Tucson North Foothills Converts in Arizona

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05/31/2014 | 06:40pm EDT

SPOKANE, Wash., May 27, 2014 (GLOBE NEWSWIRE) -- Red Lion Hotels Corporation (NYSE:RLH) announced its newest franchise location in Tucson, Ariz., which converted to the brand today.

"We are very excited to become the first Red Lion property in Tucson," said Joseph Gallagher, General Manager of the Red Lion Inn & Suites Tucson North Foothills. "We look forward to providing our Red Lion guests with outstanding service and an exceptional Arizona experience."

The Red Lion Inn & Suites Tucson North Foothills, 7411 N. Oracle Road, has 155 rooms, 91 of which are suites, and 1,600 square feet of meeting space. Having remodeled in 2012, the owners are currently investing in all new bedding for the guest rooms and improving the courtyard experience which includes the heated outdoor pool and hot tub, a putting green and a cabana. Guests at the property enjoy free high speed Wi-Fi, as well as the Roaring Start hot breakfast and Red Rock Happy Hour. The property is near Tohono Chul Park, and provides easy access to The University of Arizona, Sabino Canyon, Arizona-Sonoran Desert Museum, Old Tucson Studios and Mission San Xavier del Bac.

About Red Lion Hotels Corporation:

Red Lion Hotels Corporation (NYSE:RLH) is a hospitality company primarily engaged in the franchising, ownership and operation of hotels. As of May 27, 2014, the company has 54 hotels system wide and also owns and operates an entertainment and event ticket distribution business. For more information, please visit the company's website at www.redlion.com.

Photos accompanying this release are available at:

http://www.globenewswire.com/newsroom/prs/?pkgid=25577

http://www.globenewswire.com/newsroom/prs/?pkgid=25578

CONTACT: Pam Scott

         Red Lion Hotels Corporation

         509-777-6393 (d)

         509-570-4610 (c)

         Pam.Scott@redlion.com

         www.RedLion.com
Source: Red Lion Hotels Corporation

News Provided by Acquire Media

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Financials ($)
Sales 2019 119 M
EBIT 2019 3,10 M
Net income 2019 -0,04 M
Debt 2019 -
Yield 2019 -
P/E ratio 2019 -
P/E ratio 2020 162,80
Capi. / Sales 2019 1,68x
Capi. / Sales 2020 1,61x
Capitalization 200 M
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Number of Analysts 2
Average target price 14,3 $
Spread / Average Target 75%
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Gregory T. Mount President, Chief Executive Officer & Director
Robert G. Wolfe Chairman
Gary L. Sims Chief Operating Officer & Executive Vice President
Julie A. Shiflett Chief Financial Officer, Treasurer & Executive VP
Michael Vernon Independent Director
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