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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 : Signs New Franchise Agreement for Red Lion Inn & Suites Kennewick

05/31/2014 | 06:40pm EST

SPOKANE, WA, May 7, 2014 (GLOBE NEWSWIRE) -- Red Lion Hotels Corporation (NYSE:RLH) announced today its franchise hotel, the Red Lion Inn & Suites Kennewick, was recently sold and the new owner has entered into a franchise agreement to continue to operate the hotel under the brand. As part of the franchise agreement, the new owner will add improvements to the property including a new fitness center. The 61-room property, located at 602 North Young Street, opened in March 2013 as the Red Lion Inn & Suites Kennewick, Washington. The hotel has an indoor swimming pool, serves complimentary breakfast and Wi-Fi to its guests, and is within walking distance to Three Rivers Convention Center and the Toyota Center.

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 6, 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.

Social Media:
www.Facebook.com/RedLionHotels
www.Twitter.com/RedLionHotels
www.Instagram.com/RedLionHotels

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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Technical analysis trends RED LION HOTELS CORPORATION
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TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
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