August 8, 2012 in Business

Red Lion Hotels

Spokane-based hotel chain
 
Stock symbol: RLH
Reporting period:

2Q

Earnings:

Loss of $367,000

(2 cents per share)

Versus 2Q 2011:

Profit of $19.1 million

($1 per share)

Revenue: $38.8 million

Hotel revenue increased by $1.6 million and franchise revenue by $400,000 from a year ago.

Analysis: Room occupancy increased to 66.8 percent from 64 percent in the second quarter of 2011.

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