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Red Lion earnings flat

Red Lion Hotels Corp. today reported first-quarter results that mirrored those for the same period in 2010.

Total revenue was $34.27 million, compared with $34.3 million a year ago.

The net loss for the period was $4.8 million, or 25 cents per share, a decline of almost 13 percent compared the $4.2 million, 23 cent-per-share loss for the 2010 period.

The occupancy rate for its 44 owner and affiliated hotels was identical for the two periods at 48.2 percent, with an increase in casual travelers offsetting a slight downturn in business traffic.

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The Spokesman-Review business team follows economic development in Spokane and the Inland Northwest.

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Alison Boggs (@alisonboggs) Online Producer Alison Boggs posts and manages content on and its social networking accounts.

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Scott Maben Scott Maben is a Deputy City Editor who covers North Idaho news and higher education.

Addy Hatch is the city editor, and formerly was business editor.

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