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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

05/31/2014 | 06:40pm EST

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

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© Publicnow 2014
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Financials (USD)
Sales 2020 51,3 M - -
Net income 2020 -20,2 M - -
Net Debt 2020 - - -
P/E ratio 2020 -2,95x
Yield 2020 -
Capitalization 60,1 M 60,1 M -
Capi. / Sales 2020 1,17x
Capi. / Sales 2021 1,18x
Nbr of Employees 285
Free-Float 91,1%
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Mean consensus BUY
Number of Analysts 1
Average target price 3,50 $
Last Close Price 2,36 $
Spread / Highest target 48,3%
Spread / Average Target 48,3%
Spread / Lowest Target 48,3%
EPS Revisions
Managers
NameTitle
John J. Russell Chief Executive Officer
R. Carter Pate Chairman
Gary A. Kohn Chief Financial Officer, Treasurer & Executive VP
John Edwards Chief Information Officer & Senior Vice President
Joseph B. Megibow Independent Director