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. |