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SPOKANE, Wash., June 26, 2017 -- RLHC (Red Lion Hotels Corporation) (NYSE:RLH) is enjoying strong momentum as the second quarter comes to a close. Coming off of 34 deals in the first quarter, the company has closed an additional 39 deals since April 1.
“Our pipeline and activity have never been better as hotel owners realize that alternatives, such as RLHC brands, exist that will provide them access to innovations in customer acquisition and capabilities more in line with the changing booking preference of consumers. We are focused on achieving the substantial RevPAR benefits that are being driven by our guest management system, RevPak, and anticipate continued strong growth throughout the second half of 2017,” said EVP and President of Global Development Roger Bloss.
RLHC brands have opened 28 hotels in 16 states since January, including two Hotel RLs, six Red Lion Inns & Suites and 17 Americas Best Value Inns. Notable property openings were Hotel RLs in Brooklyn, New York and Omaha, Nebraska; a Red Lion Hotel in Ellensburg, Washington; and two Americas Best Value Inns in Houston, Texas.
The company has signed franchise license agreements in 23 different states so far this year, including nine Red Lion Inns & Suites, three Red Lion Hotels, 46 Americas Best Value Inns and four GuestHouses.
Earlier this month, RLHC announced the re-launch of the Signature Inn brand, an upper economy brand with the dazzle of a boutique property mixing the bold colors and sleekness of pop culture and mid-century design.
To learn more about franchising with RLHC, visit franchise.rlhco.com.
About Red Lion Hotels Corporation
Red Lion Hotels Corporation, established in 1959, is an international hospitality company primarily engaged in the franchising, management and ownership of upscale, midscale and economy hotels under the Hotel RL, Red Lion Hotels, Red Lion Inn & Suites, Settle Inn Extended Stay, Signature Inn, GuestHouse, Americas Best Value Inn, Canadas Best Value Inn and Country Hearth Inn & Suites brands. The company also owns and operates an entertainment and event ticket distribution business under the brand name TicketsWest. For more information, please visit the company's website at www.rlhco.com.
Social Media:
www.Facebook.com/rlhcorp
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www.Linkedin.com/company/rlhco
Investor Relations Contact: Evelyn Infurna O: 203-682-8265 C: 203-856-2088 [email protected] Media Contact: Jillian Pedrani Account Executive, NJF for RLHC (Red Lion Hotels Corporation) 212-402-1620 [email protected]
