May 6, 2010 in Business

Red Lion Hotels Corp. Spokane-based hotel owner and franchiser

 
Stock symbol: RLH
Reporting period: 1Q

Earnings:

Loss of $4.7 million

(24 cents per share)

Versus 1Q 2009:

Loss of $3.3 million

(18 cents per share)
Revenue: $34.3 million
Analysis: Occupancy and revenue per room increased, but results were affected by a $1.2 million expense related to the departure of the company’s former president and chief executive officer. Results for the rest of 2010 are expected to be flat.

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