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Local News - Local News - September 27, 2012 |
By Linn Parish
Of the Journal of Business
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In the midst of a transition that involves selling hotels, paying off debt, and a subtle rebranding, Red Lion Hotels Corp. expects franchising to emerge as a primary vehicle for its growth.
The Spokane-based hotelier has announced hotel sales in each of the last three months, and company President and CEO Jon Eliassen says additional transactions likely will be announced in coming weeks. In the process, Red Lion is converting some buyers of its properties into franchisees, and by...
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The Spokane-based hotelier has announced hotel sales in each of the last three months, and company President and CEO Jon Eliassen says additional transactions likely will be announced in coming weeks. In the process, Red Lion is converting some buyers of its properties into franchisees, and by...
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