Red Lion Hotels Corp. Spokane-based hotel owner and franchiser
Stock symbol: RLH |
Reporting period: 1Q |
Earnings: Loss of $4.7 million (24 cents per share)
Versus 1Q 2009: Loss of $3.3 million (18 cents per share) |
Revenue: $34.3 million |
Analysis: Occupancy and revenue per room increased, but results were affected by a $1.2 million expense related to the departure of the company’s former president and chief executive officer. Results for the rest of 2010 are expected to be flat. |