Red Lion converts two hotels in Washington, Idaho to franchises
Spokane-based Red Lion Hotels Corp. has sold its hotels in Kennewick and Twin Falls, converting both to franchise operations.
Terms of both deals will not be disclosed until the publicly traded company's next earnings report.
The company has made franchising one of its chief corporate priorities, primarily to lower costs.
Both new owners agreed to run both facilities under the Red Lion brand. Both also agreed to make major improvements over the next 18 months to improve features and amenities.
The Kennewick hotel has 162 guest rooms and 10,000 square feet of meeting space. The Twin Falls property has 112 guest rooms and nearly 5,000 square feet of meeting space.
The Idaho hotel is within a short distance of the Snake River Canyon and a half mile from Perrine Bridge, known internationally as one of the best B.A.S.E. jumping sites in the United States.
Red Lion currently has 53 hotels in 10 western U.S. states and one Canadian province.