Red Lion Hotels Reports Q4 EPS of $0.24 vs. $(0.17)

Red Lion Hotels Corporation RLH today announced its results from continuing operations for the fourth quarter ended December 31, 2010. Total revenue during the fourth quarter was $36.9 million, up 2.5 percent from $36.0 million in the prior year period. Revenue from hotels was $33.1 million, up 3.9 percent from $31.8 million in the fourth quarter of 2009. EBITDA before special items for the fourth quarter of 2010 was $0.6 million, compared to $3.3 million for the fourth quarter of 2009. Net loss before special items was $4.5 million in the quarter, or $0.24 per share, compared to a net loss of $2.7 million, or $0.14 per share, for the prior year period. Reported net loss including special items was $7.2 million in the quarter, compared to $8.2 million in the prior year period.
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