red lion hotels
Sonesta Launches Global Hotel Franchising Organization
Sonesta | March 31, 2021
Positioned to Grow Current Base of Approximately 1,200 Franchised and Managed Hotels and Leading Brands Across Multiple Customer Segments Brian Quinn Appointed as Sonesta Franchising’s Chief Development Officer Newton, MA – March 31, 2021 – Sonesta International Hotels Corporation (Sonesta) today announced the launch of its renewed global hotel franchising organization. Less than ten days after completing its acquisition of RLH Corporation, Sonesta is now one of the largest hotel companies, with approximately 1,200 franchised and managed properties. The company offers a complete platform of franchise services, hotel operations, and f...
Sonesta Completes Acquisition of Red Lion Hotels
Sonesta | March 18, 2021
NEWTON, Mass. - March 18, 2021 - Sonesta International Hotels Corporation (Sonesta) today announced the completion of its previously announced acquisition of RLH Corporation (NYSE: RLH). As a result, Sonesta is now one of the largest hotel companies globally with approximately 1,200 locations, more than 100,000 guest rooms, and a diversified portfolio of 15 brands across multiple market segments. Sonesta also announced that 35-year hotel industry veteran Keith Pierce is joining Sonesta as Executive Vice President, President of Franchise & Development effective March 18, 2021. John J. Russell, Jr., Chief Executive Officer of RLH, ...
Red Lion Hotel Corporation Appoints Industry Veteran John Russell Interim Chief Executive Officer
RLH Corporation | December 3, 2019
DENVER, Dec. 03, 2019 -- Red Lion Hotels Corporation (the “Company”) (NYSE: RLH), today announced industry veteran John J. Russell, Jr. has been appointed interim Chief Executive Officer. Mr. Russell, an expert on hotel brand growth with 40 years of hospitality experience, joins RLH to assist the executive management team in running the business, accelerating franchise sales, improving franchisee retention and aligning our cost structure with the size of our operations. The Board of RLH Corporation will continue the search for a permanent Chief Executive Officer during Mr. Russell’s tenure. Bob Wolfe, Chairman of the Board, stated, ...
RLH Corporation Names Vinod Sankar Senior Vice President and Chief Digital Officer
RLH Corporation | April 3, 2019
DENVER (April 3, 2019) — RLH Corporation (NYSE:RLH) continues to elevate its senior leadership team with the addition of Vinod Sankar as Senior Vice President and Chief Digital Officer. In this newly established role, Sankar will be accountable for delivering company growth through evolving RLH Corporation's global digital strategy, technology innovation and online customer experience. Sankar joins RLH Corporation from MSG Ventures, a subsidiary of The Madison Square Garden Company, where he served as Vice President of Product Development & Partnerships. Sankar drove development of MSG Ventures' artist and audience-focused tec...
RLH Corporation Closes Sale of Three Red Lion Hotels in Boise, Idaho, and Pasco and Richland, Washington for $29.9 Million
RLH Corporation | March 7, 2018
DENVER (March 7, 2018) — RLH Corporation (NYSE:RLH) announced today the sale of Red Lion Hotels in Boise, Idaho; and Pasco and Richland, Washington for $29.9 million. The three hotels are in addition to the sale of two hotels in California announced last week for $17.4 million. All buyers signed franchise license agreements to retain the Red Lion Hotels brand. RLH Corporation's total gain on the sales is expected to be approximately $8.0 million, and $22.8 million of the proceeds of the sales were used for debt repayment at the closing. "We are pleased to announce the close on the sale of the next three of the 11 hotels we have li...
RLH Corporation Sells Two Hotels in Redding and Eureka, California for $17.35 Million
RLH Corporation | February 28, 2018
DENVER (February 28, 2018) — RLH Corporation (NYSE:RLH) announced today the sale of Red Lion Hotels in Redding and Eureka, California for $17.35 million. The two hotels are part of the 11 hotels being marketed for sale previously disclosed in October 2017 and are being sold to affiliates of the same buyer. The buyer will continue to operate the hotels under the Red Lion Hotel brand in addition to an 80-room hotel in Monterey, California converting to a Red Lion this summer. RLH Corporation's total gain on the sales is expected to be over $6.0 million and $15.3 million of the proceeds of the sales were used for debt repayment at th...
Red Lion Hotels Impacted by Sabre Data Security Incident
RLH Corporation | July 17, 2017
SPOKANE, Wash., July 17, 2017 -- RLH Corporation (NYSE:RLH) has been informed by one of its independent hotel reservation service providers, Sabre Hospitality Solutions ("Sabre"), that an unauthorized party accessed one of Sabre's systems, that permitted access to certain guest information for some hotel reservations present in the Sabre system between August 10, 2016 and March 9, 2017. Reservations at RLH Corporation branded hotels that were potentially impacted by this incident were limited to the following hotels: Americas Best Value Inn, Canadas Best Value Inn, Jameson, Lexington, Signature Inn, Country Hearth, 3 Palms...
Red Lion Hotels Unveils New Brand Alignment Following Acquisition of Vantage Hospitality
RLHC | May 8, 2017
SPOKANE, Wash., (May 8, 2017) — RLHC (Red Lion Hotels Corporation) (NYSE:RLH) announced today the evolution of its brand portfolio following the acquisition of Vantage Hospitality's hotel franchising business on September 30, 2016. "Our company has undergone a significant transformation over the last six months," said RLHC President & CEO Greg Mount. "Through our brand realignment, we have ensured that each brand has a unique position in the market, while providing owners with the freedom to move between brands as their business needs and/or market change. We want to make franchising easy." RLHC has completed the evaluation of...
