Red Lion Hotels Corp. Owner of Red Lion hotel chain
| Stock symbol: RLH |
| Reporting period: 2Q |
| Earnings:
Profit of $18.6 million 97 cents per share
Versus 2Q 2010: Loss of $100,000 |
| Revenue: $45.4 million |
| ANALYSIS: Revenues were bolstered by the $33.5 million gain from the sale of the Red Lion Hotel on Seattle Fifth Avenue. The move is part of an effort by the Spokane hotel concern to shave debt and restructure its balance sheet, said CEO Jon Eliassen. |