Red Lion Hotels
Spokane-based hospitality company
Stock symbol: RLH |
Reporting period: 3Q |
Earnings:
$436,000 2 cents per share
Versus 3Q 2011: $2,000 0 cents per share |
Revenue: $45.4 million |
Analysis: Third-quarter revenue from continuing operations was $45.4 million compared to $44.5 million in the third quarter of 2011. Hotel revenue increased by $1.5 million on a comparable basis and franchise revenue increased by $300,000. But those increases were offset by a decline in entertainment and other revenues. |