RLHC (RLH) Misses Q3 EPS by 4c
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RLHC Reports Third Quarter 2016 Results
November 8, 2016 4:05 PM ESTSystemwide Same Store RevPAR Increases 3.4%
Acquired Vantage Hospitality Group
SPOKANE, Wash., Nov. 08, 2016 (GLOBE NEWSWIRE) -- Red Lion Hotels Corporation (RLHC" or the "company) (NYSE: RLH), a growing hospitality company that operates and franchises upscale, midscale and economy hotels, today reported third quarter 2016 results.
Highlights Third Quarter 2016
Consolidated net income rose 185% to $2.3 million from $0.8 million in 2015GAAP EPS was $0.11 in 2016 an increase of $0.07 year-over-yearFranchise operating income increased 200% for the quarter and 900%Â year to... More