Red Lion to Open Two New Greater Los Angeles Locations
August 23, 2013 - Red Lion Hotels Corporation (NYSE: RLH) announced the company will open two new locations in the Greater Los Angeles Area after signing new franchise agreements on existing hotels in Ontario and Perris, Calif.
Red Lion Red Lion Hotels Corporation (NYSE: RLH) announced the company will open two new locations in the Greater Los Angeles Area after signing new franchise agreements on existing hotels in Ontario and Perris, Calif.
"We are looking to expand our brand in additional markets in Southern California and these two hotels are the right fit for our portfolio," said Ron Burgett, Executive Vice President of Lodging and Brand Development for Red Lion Hotels. "Both properties will provide new stay opportunities for our Red Lion guests in a region of the country that enjoys strong brand recognition."
The first franchise agreement was signed with LFA Hotels, the owners of the former Ayres Grand Boutique Suites in Ontario, Calif. The company expects to convert the 107 room hotel within the next 60 days. Located at 204 N Vineyard Ave., approximately 35 miles directly east of downtown Los Angeles, the hotel was most recently affiliated with Magnuson.
Additionally, the development team signed an agreement with Best West LLC, the owners of the former Holiday Inn Express Perris-East in Perris, California, located at 480 S Redlands Ave., about 70 miles east of downtown Los Angeles. This facility that was built approximately six years ago, has 105 rooms, and is expected to become the Red Lion Inn & Suites Perris by the end of October.
Red Lion Hotels Corporation is a hospitality company primarily engaged in the franchising, ownership and operation of hotels located in ten states and one Canadian province. As of August 8, 2013, the company has 52 hotels system wide. The Red Lion Hotels and Red Lion Inn & Suites network is comprised of 50 hotels with 8,903 rooms and 462,135 square feet of meeting space. The Leo Hotel Collection is comprised of two hotels with 3,256 rooms and 241,000 square feet of meeting space. The company also owns and operates an entertainment and event ticket distribution business.
Marriott International, Inc. (NASDAQ: MAR) is a global leading lodging company based in Bethesda,Maryland, USA, with more than 4,200 properties in 80 countries and territories. Marriott International reported revenues of nearly $14 billion in fiscal year 2014. The company operates and franchises hotels and licenses vacation ownership resorts under 19 brands, including: The Ritz-Carlton®, BVlgari®, EDITION®, JW Marriott®, Autograph Collection® Hotels, Renaissance® Hotels, Marriott Hotels®, Delta Hotels and Resorts®, Marriott Executive Apartments®, Marriott Vacation Club®, Gaylord Hotels®, AC Hotels by Marriott®, Courtyard®, Residence Inn®, SpringHill Suites®, Fairfield Inn & Suites®, TownePlace Suites®, Protea Hotels® and MoxyHotels®. Marriott has been consistently recognized as a top employer and for its superior business ethics. The company also manages the award-winning guest loyalty program, Marriott Rewards® and The Ritz-Carlton Rewards® program, which together surpass 50 million members. For more information or reservations, please visit our website at 
