Home > Boards > US Listed > Real Estate > Red Lion Hotels Corporation (RLH)

Red Lion Hotels Announces Strategic Sale of Denver

Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
56Chevy Member Profile
Member Level 
Followed By 119
Posts 5,132
Boards Moderated 4
Alias Born 04/10/08
160x600 placeholder
Amended Current Report Filing (8-k/a) Edgar (US Regulatory) - 12/27/2019 2:10:21 PM
Current Report Filing (8-k) Edgar (US Regulatory) - 12/26/2019 5:12:40 PM
RLH Corporation Appoints R. Carter Pate as Chairman GlobeNewswire Inc. - 12/26/2019 4:24:01 PM
Current Report Filing (8-k) Edgar (US Regulatory) - 12/20/2019 5:08:04 PM
RLHC Completes Sale of Hotel RL Salt Lake City for $33 Million GlobeNewswire Inc. - 12/20/2019 8:00:10 AM
Initial Statement of Beneficial Ownership (3) Edgar (US Regulatory) - 12/11/2019 5:20:30 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 12/10/2019 5:29:06 PM
Highly Anticipated Hotel RL Opens in St. Louis GlobeNewswire Inc. - 12/9/2019 8:30:10 AM
Notice of Effectiveness (effect) Edgar (US Regulatory) - 12/9/2019 6:01:10 AM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 12/6/2019 4:46:00 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 12/5/2019 5:04:52 PM
Current Report Filing (8-k) Edgar (US Regulatory) - 12/3/2019 8:18:48 AM
Red Lion Hotel Corporation Appoints Industry Veteran John Russell Interim Chief Executive Officer GlobeNewswire Inc. - 12/3/2019 7:00:10 AM
Current Report Filing (8-k) Edgar (US Regulatory) - 11/21/2019 4:31:36 PM
Securities Registration Statement (simplified Form) (s-3) Edgar (US Regulatory) - 11/20/2019 5:22:20 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 11/20/2019 5:14:54 PM
Current Report Filing (8-k) Edgar (US Regulatory) - 11/19/2019 6:02:42 AM
Amended Statement of Beneficial Ownership (sc 13d/a) Edgar (US Regulatory) - 11/18/2019 4:53:44 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 11/18/2019 4:49:20 PM
RLH Completes Sale of Red Lion Hotel Atlanta Airport for $12.25 Million GlobeNewswire Inc. - 11/18/2019 4:15:00 PM
Quarterly Report (10-q) Edgar (US Regulatory) - 11/12/2019 6:55:28 AM
Current Report Filing (8-k) Edgar (US Regulatory) - 11/12/2019 6:41:50 AM
Amended Statement of Beneficial Ownership (sc 13d/a) Edgar (US Regulatory) - 11/12/2019 6:01:41 AM
Current Report Filing (8-k) Edgar (US Regulatory) - 11/8/2019 8:50:05 AM
Current Report Filing (8-k) Edgar (US Regulatory) - 11/8/2019 7:17:10 AM
56Chevy Member Level  Wednesday, 09/19/12 04:35:19 PM
Re: None
Post # of 24 
Red Lion Hotels Announces Strategic Sale of Denver Southeast Property

Date : 08/06/2012 @ 4:01PM
Source : PR Newswire
Stock : Red Lions Hotels Corp. (RLH)
Quote : * 6.64 -0.06 (-0.90%) @ 4:04PM

*The price at the time of the announcement of the sale was approx. $7.25. The stock has been in decline since.

Red Lion Hotels Corporation (NYSE: RLH) announced today the company has entered into a definitive agreement to sell for $13.0 million the Red Lion Hotel Denver Southeast in Colorado.
"The sale of a non-core property provides us with additional financial flexibility," said Jon E. Eliassen, President and Chief Executive Officer of Red Lion Hotels Corporation. "The proceeds from the sale of this hotel will allow us to pay down debt, enhance the competitive position of the Red Lion brand and increase shareholder value."

The sale on the property is expected to close on or before October 31 and the company does not expect the buyer to sign a franchise agreement.

The 478 room select service hotel has 25,000 square feet of meeting space and is located in the southeast metro Denver area adjacent to the light rail line. The hotel borders Cherry Creek State Park and has scenic views of the Rocky Mountains and downtown Denver. Red Lion Hotels Corporation announced in January 2012 it was listing the hotel for sale.

[....]

http://ih.advfn.com/p.php?pid=nmona&article=53725829











Learn something new every time you invest...and take it with you to the next opportunity.
Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist