Stock Under $10 with 50-100% upside potential - 14 Days FREE!

Red Lion Signs Franchise Agreement For Inn & Suites In Kennewick, Washington

Stock quotes in this article: RLH 

SPOKANE, Wash., March 13, 2013 /PRNewswire/ -- Red Lion Hotels Corporation (NYSE: RLH) today announced the company has signed a franchise license agreement with Sandhu NW Hospitality LLC, the owners of a hotel in Kennewick, Washington. The future Red Lion Inn & Suites Kennewick is expected to convert to the brand in early April.

(Logo: http://photos.prnewswire.com/prnh/20130131/SF52243LOGO)

"This property is such a nice complement to our full service hotels in the Tri-Cities," said Ron Burgett, Executive Vice President of Lodging and Brand Development for Red Lion Hotels Corporation. "The hotel is just a little over two years old and is in a fantastic location for both sports groups and business professionals."

Currently the Cedar Inn & Suites Kennewick, the hotel, located at 602 North Young Street, is a 61-room limited service property with an indoor pool and 300 square feet of state of the art meeting space.  The hotel is walking distance to Three Rivers Convention Center and the Toyota Center, and just five miles from the Southridge Sports Complex.

"This is a fantastic opportunity for us to work with Red Lion in the Tri-Cities," said Paul Sandhu of Sandhu NW Hospitality LLC.  Sandhu is also an owner of the Red Lion Inn & Suites Kent, in Western Washington. "We have had early success with Red Lion at our Kent hotel, so this move seemed like a natural next step."

About Red Lion Hotels Corporation:

Red Lion Hotels Corporation is a hospitality and leisure Company primarily engaged in the franchising, ownership and operation of hotels under its Red Lion Hotel, Red Lion Inn & Suites and Leo Hotel Collection brands. As of December 31, 2012, the RLH hotel network was comprised of 48 hotels located in nine states and one Canadian province, with 9,015 rooms and 484,693 square feet of meeting space. The Company also owns and operates an entertainment and event ticket distribution business. For more information, please visit the Company's website at www.redlion.com.

Social Media www.Facebook.com/RedLionHotels www.Twitter.com/RedLionHotels www.YouTube.com/RedLionHotels

Contact: Pam ScottRed Lion Hotels Corporation509-777-6393 (d)509-570-4610 (c) Pam.Scott@redlion.com www.RedLion.com

 

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
TRY IT FREE

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
Dividend Stock Advisor
TRY IT FREE
New! $49.95/yr

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Stocks Under $10
TRY IT FREE

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Real Money
TRY IT FREE

24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.

Product Features:
  • Jim Cramer + 20 Wall Street pros
  • Intraday commentary & news
  • Real-time trading forum
  • Actionable trade ideas
Real Money Pro
TRY IT FREE

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass + 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
TRY IT FREE

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
DOW 15,307.17 -80.41 -0.52%
NASDAQ 3,463.30 -38.82 -1.11%
S&P 500 1,655.35 -13.81 -0.83%
US 10 Yr 2.026% +0.082

Brokerage Partners

Advertising Partners
Special Features

Free Newsletters from TheStreet

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

We respect your privacy. Manage Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs