RLHC (RLH) Misses Q4 EPS by 20c, Revenues Beat

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RLH Corporation Reports Fourth Quarter and Year-End 2018 Results

March 8, 2019 7:01 AM EST

DENVER, March 08, 2019 (GLOBE NEWSWIRE) -- Red Lion Hotels Corporation (the Company) (NYSE: RLH), a growing hospitality company doing business as RLH Corporation that franchises upscale, midscale and economy hotels, today reported full year and fourth quarter 2018 results.

 Full Year and Fourth Quarter Highlights

Despite the reduction of $14.5 million in EBITDA from the sale of nine company owned hotels in 2018, the Companys Adjusted EBITDA for 2018 was down less than $10 million, from $25.7 million in 2017 to $15.8 million in... More