May 8, 2013 in Business

Red Lion Hotels Corp.

Spokane-based hotel company
 
Stock symbol:RLH
Reporting period:1Q 2013
Earnings:

Loss of $3.2 million

(16 cents per share)

Versus 1Q 2012:

Loss of $7.2 million

(37 cents per share)

Revenue:$30.3 million Comparable revenue from owned and leased hotels was $25.5 million, a 0.5 percent drop from 1Q 2012.
Analysis: Red Lion expects to invest $10 million to $12 million in capital improvements in 2013. That investment could increase

an additional $10 million, the company said in its earnings report.


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