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Red Lion Hotels Corp. (RLH) – Very Accommodating to its Shareholders

Red Lion Hotels Corp. knows that “getting a room” is what drives their business. That’s why they constantly strive to add hotels to their portfolio to ensure there’s a Red Lion hotel nearby for travelers. Their goal is to accommodate their shareholders by being in strategic locations to ensure maximum room occupancy.

With headquarters in Spokane, Washington, Red Lion Hotels Corp. is a hospitality and leisure company that trades on the NYSE. As part of the Lodging industry, they own, operate, and franchise midscale and upscale full-service hotels. They also own and operate an entertainment/event ticket distribution business called TicketsWest.

The company began in 1937 as Goodale and Barbieri Companies (G&B). Until 1976 they focused on third-party commercial and residential property management. They also engaged in real estate development in Spokane. Their first foray into the hotel business was also in 1976 when they built the River Inn in the city.

In 1987, the company started G & B Select A Seat, which eventually became TicketsWest. G & B went public in 1998. In 1999, they acquired WestCoast Hotels Inc. and renamed themselves WestCoast Hospitality Corp. It was 2001 when they acquired Red Lion Hotels, and by the end of 2003 most of their hotels were renamed Red Lion.

Focusing on the Red Lion brand name led the company to change their corporate name to Red Lion Hotels Corp. Today they have 53 hotels in eight states plus one Canadian province. They currently have 9,388 rooms in their fold and over 467,000 square feet of meeting space.

Red Lion Hotels Corp. keeps adding rooms to provide comfort for their customers and shareholders alike. They seek to provide excellent customer service in welcoming environments to fuel growth for years to come. They hope their customers and shareholders continue to find them a comforting place to stay.

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