Red Lion Hotels Corp. third-quarter earnings
Spokane-based hospitality company
| Stock symbol:
RLH |
| Reporting period:
3Q |
| Earnings:
Profit of $1.2 million 6 cents per share
Versus 3Q 2013: Loss of $906,000 (5 cents per share) |
| Revenue: $42.6 million
Compared with $45.5 million one year prior. |
| Analysis:
Red Lion increased comparable-hotel direct operating margins. The company expects to invest $12 million to $16 million in capital improvements in 2013. |