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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.


 

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