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The Spokesman-Review Newspaper
Spokane, Washington  Est. May 19, 1883

Red Lion Hotels

West Coast hotel company

Stock symbol: RLH
Reporting period: 4Q
Earnings:

Loss of $20.2 million

($1.09 per share)

Versus 4Q 2010:

Loss of $7.2 million

(39 cents per share)

Revenue: $33.2 million

Versus 4Q 2010: $36 million

Analysis: Fiscal year 2011 resulted in loss of $7.2 million, vs. an $8.6 million loss in fiscal year 2010. The 4Q 2011 loss was affected by $20.5 million in pre-tax goodwill and asset impairment charges. Total 2011 hotel revenue was $132.3 million, up $2.2 million from 2010. Total Red Lion revenue increased by $5.1 million.