Would a Red Lion Hotels sale cost the area a lot of jobs?
Today's SR business section carried a story about the Red Lion Hotels board thinking about .... a number of options, including possibly selling the operation.
The key question we had: how many people work for Red Lion in Spokane. Answer: 350.
If there was a sale to another hotel company, what happens then? The best scenario: some job losses but not likely a lot.
The upside would be that many of the 350 jobs would remain because the bulk of those are inside the company's two big hotels in this city.
Another group of Red Lion staff manage the Tickets West / Broadway series operation. That business is one small part of the Red Lion company, and produces roughly 7 percent of total company revenue, which in 2011 was $156 million.