RLHC Continues Growth Momentum; Following Strong Q1, Company Has Added Another 39 Deals
June 26 2017 - 7:07AM
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
CorporationRed 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 www.Twitter.com/rlhco www.Instagram.com/rlhco www.Linkedin.com/company/rlhco
Investor Relations Contact:
Evelyn Infurna
O: 203-682-8265
C: 203-856-2088
Investor.Relations@redlion.com
Media Contact:
Jillian Pedrani
Account Executive, NJF for RLHC (Red Lion Hotels Corporation)
212-402-1620
jpedrani@njfpr.com
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