Red Lion Hotels Corp.
Spokane-based hotel company
| Stock symbol: RLH |
| Reporting period: 4Q |
| Earnings:
Loss of $3.8 million (20 cents per share)
Versus 4Q 2011: Loss of $20.5 million ($1.07 per share) |
| Revenue: $31.7 million, compared to $32.7 million in 4Q 2011 |
| Analysis: Fourth-quarter revenue per available room grew 4.3 percent year over year to $41.20, driven by a 4.3 percent increase in average daily room rate of $80.53. Franchise revenue increased to $1.2 million from $1.1 million. But profitability in that segment was reduced by increased investment in sales and marketing, the company said. |