Inner Circle Investments Signs 20-Year Franchise Agreements for Management of Ten RLH Corporation Hotels
March 1, 2018 12:11pm
DENVER (March 1, 2018) - RLH Corporation (NYSE:RLH) announced today 10 new franchise license agreements with hotels owned by affiliates of Inner Circle Investments and managed by Inner Circle Management. The 20-year term franchise agreements include one Hotel RL and nine Red Lion Hotels, totaling 2,584 rooms bringing the company's mid and upscale brands to over 100 hotels.
"RLH Corporation is committed to propelling our mid and upscale business," said RLH Corporation Chief Development Officer Paul Sacco. "These 10 hotels in conjunction with Inner Circle will play a significant role as we grow our mid and upscale brands across North America. Inner Circle is keenly focused on implementing the right design elements and operational initiatives in each hotel, which will make for a great relationship between our two companies."
The newly signed properties include:
"We were drawn to RLH Corporation's innovative and unique approach to revenue management and generation through their RevPak offering, as well as RLH Corporation's overall hands-on approach to franchise support," said Inner Circle Investments CEO Joe Gillespie. "We are looking forward to a rewarding relationship with RLH Corporation as we grow our business."
To learn more about RLH Corporation, visit www.rlhco.com.
Tags: rlh corporation,
red lion hotel,
inner circle investments,
inner circle management
Red Lion Hotels Corporation is an innovative hotel company doing business as RLH Corporation and focuses on the franchising, management and ownership of upscale, midscale and economy hotels. The company focuses on maximizing return on invested capital for hotel owners across North America through relevant brands, industry-leading technology and forward-thinking services. For more information, please visit the company's website at www.rlhco.com.
Contact: Dan Schacter
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