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RLH

Red Lion Hotels

$7.86

-0.34 (-4.15%)

16:06
11/14/18
11/14
16:06
11/14/18
16:06

Red Lion Hotels says tracking for 33%-35% franchise divisional profit margin

RLH Corporation announced the company has executed 34 mid and upscale hotel franchise agreements in 2018. The Company's Red Lion Hotel brand alone has 18 franchise agreements so far in 2018, growing the brand by over 62 percent to 47 full-service hotels nationally, with an average room count of over 200 and a robust pipeline. This momentum is in support of the company's franchise divisional profit guidance for the year of $18M to $19M, $2M above the company's original guidance. The company is tracking on guidance of 33 to 35% franchise divisional profit margin in 2018 and posted 39% for Q3, the highest thus far."2018 marks the continued resurgence of Red Lion Hotels as a core upper-midscale full-service brand for the Company and unrelenting strength in all our mid and upscale hotel brands," said RLH Corporation President of Global Development Paul Sacco. "Our mid and upscale brands now have over 100 open hotels and we continue to see solid growth across all brands." "Halfway through Q4 2018, our pipeline shows tremendous strength and momentum as we continue our resilient focus on the Company's franchise division," continued Sacco. "We have seen a strong interest in our mid and upscale hotel brands across the country in prime locations with access to top local attractions, reinforcing our position as the basecamp for leisure and business travelers in North America."

  • 15

    Nov

RLH Red Lion Hotels
$7.86

-0.34 (-4.15%)

07/25/18
RILY
07/25/18
NO CHANGE
Target $16.25
RILY
Buy
Red Lion Hotels price target raised to $16.25 from $14.50 at B. Riley FBR
B. Riley FBR analyst Eric Wold raised his price target for Red Lion Hotels to $16.25 following the company's completed hotel sales. The analyst keeps a Buy rating on the shares ahead of the company's Q2 results.

TODAY'S FREE FLY STORIES

LVGO

Livongo Health

$37.00

3.22 (9.53%)

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RHHBY

Roche

$0.00

(0.00%)

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LVGO

Livongo Health

$37.00

3.22 (9.53%)

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MSFT

Microsoft

$136.13

2.39 (1.79%)

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Nvidia

$159.48

10.64 (7.15%)

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Microsoft

$136.13

2.39 (1.79%)

NVDA

Nvidia

$159.48

10.64 (7.15%)

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LVGO

Livongo Health

$37.00

3.22 (9.53%)

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WLL

Whiting Petroleum

$8.61

0.36 (4.36%)

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NBRV

Nabriva Therapeutics

$2.27

0.12 (5.58%)

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ARMK

Aramark

$37.07

-0.07 (-0.19%)

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SLDB

Solid Biosciences

$8.81

2.67 (43.49%)

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CELG

Celgene

$94.70

1.44 (1.54%)

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ARMK

Aramark

$37.07

-0.07 (-0.19%)

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ARMK

Aramark

$37.07

-0.07 (-0.19%)

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AMAT

Applied Materials

$46.61

-0.54 (-1.15%)

, AMD

AMD

$31.18

1.52 (5.12%)

07:12
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Applied Materials

$46.61

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AMD

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$31.18

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CSCO

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5.61 (1.03%)

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$10.00

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INTC

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NVDA

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OTEX

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PYPL

PayPal

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1.19 (1.13%)

RNG

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SQ

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STX

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TWLO

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NFLX

Netflix

$302.74

6.81 (2.30%)

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  • 23

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JYNT

Joint Corp.

$17.32

-0.08 (-0.46%)

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  • 20

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TLRD

Tailored Brands

$5.05

0.665 (15.18%)

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  • 11

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SBAC

SBA Communications

$260.20

0.355 (0.14%)

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$77.76

0.49 (0.63%)

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SBAC

SBA Communications

$260.20

0.355 (0.14%)

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T-Mobile

$77.76

0.49 (0.63%)

S

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T

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0.64 (1.86%)

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$31.98

0.09 (0.28%)

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  • 23

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FIBK

First Interstate

$38.54

0.85 (2.26%)

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FIBK

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$38.54

0.85 (2.26%)

GBCI

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$39.87

0.85 (2.18%)

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  • 19

    Aug

CTVA

Corteva

$30.25

1.84 (6.48%)

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TNYBF

Tinley Beverage Company

$0.00

(0.00%)

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AMT

American Tower

$222.90

-1.325 (-0.59%)

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T-Mobile

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American Tower price…

AMT

American Tower

$222.90

-1.325 (-0.59%)

TMUS

T-Mobile

$77.76

0.49 (0.63%)

S

Sprint

$6.88

0.01 (0.15%)

T

AT&T

$34.98

0.64 (1.86%)

VZ

Verizon

$56.65

0.34 (0.60%)

DISH

Dish

$31.98

0.09 (0.28%)

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  • 23

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TNYBF

Tinley Beverage Company

$0.00

(0.00%)

07:08
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PSTL

Postal Realty Trust

$14.95

0.05 (0.34%)

07:07
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TNYBF

Tinley Beverage Company

$0.00

(0.00%)

07:07
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Tinley says application for California manufacturing license remains in process »

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VMW

VMware

$143.67

1.13 (0.79%)

, PVTL

Pivotal Software

$14.01

0.005 (0.04%)

07:06
08/19/19
08/19
07:06
08/19/19
07:06
Recommendations
VMware, Pivotal Software analyst commentary  »

VMware price target…

VMW

VMware

$143.67

1.13 (0.79%)

PVTL

Pivotal Software

$14.01

0.005 (0.04%)

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