×

RLHC Sells and Signs Franchise Agreement on Red Lion Hotel Pocatello

SPOKANE, Wash., Oct. 15, 2014 (GLOBE NEWSWIRE) -- RLHC (NYSE:RLH) announced today the company has sold and franchised its Red Lion Hotel Pocatello in Idaho. The new owner plans to invest in property improvements within the next few months.

"We are proud to continue with the Red Lion name and its tradition of great service in this community," said Jabbar Dhaliwal, owner of the property. Dhaliwal added, he plans to purchase new furniture, high-definition TV's and triple-sheet bedding packages for the guest rooms within the next six months.

"This is the twelfth franchise deal we have closed this year and we have developed a strong pipeline to close out the last quarter," said Greg Mount, President and Chief Executive Officer of RLHC. "Five out of five of the hotels we have sold in 2014 have closed with franchise deals and a commitment by each of the owners to make significant capital improvements, allowing the properties to remain with the Red Lion branding."

The Red Lion Hotel Pocatello, 1555 Pocatello Creek Road, has 150 rooms, an indoor pool, a full-service restaurant and more than 14,000 square feet of meeting space. It is located just minutes from Idaho State University and the Museum of Clean. Known for its outdoor recreation, Pocatello has miles of trails for hiking, Nordic skiing and snowmobiling, in addition to two public 18-hole golf courses.

About RLHC:

Red Lion Hotels Corporation is a hospitality company primarily engaged in the franchising, ownership and operation of hotels. The company has more than 50 hotels system wide and 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.Instagram.com/RedLionHotels

www.LinkedIn.com/company/red-lion-hotels

CONTACT: Pam Scott VP, Corporate Communications 509-777-6393 509-570-4610 Pam.Scott@redlion.com www.redlion.com

Source:Red Lion Hotels Corporation