News for the Hospitality Executive
Sept. 20, 2011-- Red Lion Hotels Corporation (NYSE: RLH)
announced the company has signed franchise license agreements with the
owner of two New Mexico hotels. The two properties are among a
group of hotels owned by Positive Investments, Inc., which is also the
owner of the Red Lion Hotel Oakland International Airport in Oakland,
"These hotels operate under strong management already known to Red Lion," said Rich Carlson, Senior Vice President of Lodging Development for Red Lion Hotels Corporation. "We are committed to growing the Red Lion brand in the West and we are very excited to enter the New Mexico market with an experienced owner like Positive Investments."
The future Red Lion Hotel Farmington is located in the Four Corners region of New Mexico. The 192 room full service hotel, located at 700 Scott Avenue, was formerly the Best Western Inn & Suites of Farmington.
The other property will be the Red Lion Hotel Gallup, located on the historic Route 66, about 130 miles west of Albuquerque. Gallup is a regional trade and transportation center, close to the Navajo Reservation. The 126 room full service hotel, located at 3009 West Highway 66, was formerly the Best Western Inn & Suites of Gallup.
Both hotels have begun the conversion process and are expected to open as Red Lion Hotels this fall.
"These two full service hotels have historically had a strong reputation and customer base in the region," says Rao R. Yalamanchili, who owns Positive Investments, Inc., along with Srinivas Yalamanchili. "Now, together with the strength and support of the Red Lion brand, we are excited to take the hotels to the next level in quality and guest satisfaction."
About Red Lion Hotels Corporation:
Red Lion Hotels Corporation is a hospitality and leisure company primarily engaged in the ownership, operation and franchising of midscale hotels under its Red Lion® brand. As of June 30, 2011, the RLH hotel network was comprised of 44 hotels located in eight states and one Canadian province, with 8,457 rooms and 424,387 square feet of meeting space. The Company also owns and operates an entertainment and event ticket distribution business. For more information, please visit the Company's website at www.redlion.com.
Red Lion Hotels Corporation
Lion Hotels Names Julie Shiflett as Executive Vice President and Chief
Financial Officer / September 2011
Interim Status, Red Lion Hotels Names Jon Eliassen President and Chief
Executive Officer / February 2011
Lion Hotels Plans Sale of Two Properties; the Red Lion Hotel Fifth
Avenue in Seattle and the Red Lion Hotel Denver Southeast / January
Lion Hotels Enters into Two New Franchise Agreement in Northern
California / November 2010
|Red Lion Hotels Corporation Hires Dan Jackson as Senior Vice President and Chief Financial Officer / November 2010|
|Red Lion Hotels Expands Board of Directors; Appoints Melvin L. Keating to Board / July 2010|
|Red Lion Hotels Appoints Richard P. Carlson as Vice President - Lodging Development / March 2010|
|Directors of Red Lion Hotels Remove Anupam Narayan as Chief Executive Officer; No Reason Given / January 2010|