wig properties
The Dow Hotel Company Selected to Operate The Hilton Hotel – Bellevue on Behalf of New Owner Wig Properties
The Dow Hotel Company | January 4, 2017
SEATTLE, Wash., January 4, 2017—Officials of The Dow Hotel Company (DHC), a leading national hotel owner/investor and operator, today announced that it has been selected to operate the 353-room Hilton Hotel – Bellevue hotel following the property's recent sale to Wig Properties. "Having operated and been a joint venture partner in the Hilton Bellevue since 2005, we are intimately familiar with the marketplace and the wants and needs of its guests," said Murray L. Dow II, DHC founder and president. "DHC recently oversaw the hotel's all-inclusive, $10 million renovation to bring the hotel to 'like-new' status making it competi...
RLHC Sells Bellevue, WA Hotel for $35.4M to Wig Properties; To Remain as Red Lion Hotel Bellevue
RLHC | January 13, 2015
SPOKANE, Wash., Jan. 13, 2015 -- RLHC (Red Lion Hotels Corporation) (NYSE:RLH) announced the company has entered into an agreement to sell its hotel in Bellevue, Wash. for $35.4 million to an affiliate of Wig Properties, a property development company based in Bellevue. Wig Properties has entered into a multi-year management agreement with Red Lion Hotels Management, Inc., under which the hotel will continue to operate as the Red Lion Hotel Bellevue. The deal on the property is expected to close in early February 2015, subject to customary terms and conditions. "The sale of this property provides RLHC with the best of all opportunities,...
