Red Lion Hotels Corp., of Spokane, reported this afternoon a fourth-quarter net loss of $14 million, or 71 cents a diluted share, compared with a loss of $3.6 million, or 19 cents, in the year-earlier period.

For all of 2013, the company posted a loss of $17.2 million, or 87 cents a share, compared with a loss of $14.7 million, or 76 cents a share, in 2012.

The company reported a $9.1 million impairment charge from discontinued operations during the fourth quarter. Higher utility costs due to colder weather in some markets and an increase in insurance costs also contributed to the deeper loss for the quarter, as did greater income tax expenses, Red Lion said in its earnings release.

The company reported comparable revenue of $22.1 million from owned and leased hotels for the quarter, up $500,000 from the year-earlier period. Franchise revenue for the quarter rose to $1.6 million, from $1.2 million.

Red Lion last month named Gregory T. Mount as its new president and CEO. Mount replaced interim CEO James P. Evans, who came in on a temporary basis last August after Jon E. Eliassen retired.