RLH Corporation Builds on Q1 2018 Momentum
RED LION HOTELS (RLH)
Last red lion hotels earnings: 2/27 06:30 am
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US:NYSE Investor Relations:
ir.redlion.com/investor-relations
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Source: GlobeNewswire
DENVER, April 18, 2018 (GLOBE NEWSWIRE) -- RLH Corporation (NYSE:RLH) is seeing strong momentum in 2018 thus far with the addition of hotels in all segments. As the company focuses on franchise development, notable hotels have been added to key markets, including San Francisco; Monterrey, California; St. Louis; and San Antonio. “As we begin the second quarter of 2018, our pipeline shows tremendous strength, as the company continues resilient focus on our franchise business,” said RLH Corporation Chief Development Officer Paul Sacco. “Our mid and upscale brands have now surpassed 100 hotels and we are continuing to see solid growth among our economy brands. We are focused on continuing to build on strong RevPAR through our guest management system, RevPak, and sustained returns to our hotel owners and stakeholders.” Since the start of the year, RLH Corporation has signed franchise agreements for the company’s first refreshed Signature hotel in San Francisco; 10 agreements with hotel
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