WestCoast Hospitality Corporation Adds the Red Lion Hotel on the River in Portland, Oregon to Its Family of Hotels
02 Febrero 2005 - 8:00AM
PR Newswire (US)
WestCoast Hospitality Corporation Adds the Red Lion Hotel on the
River in Portland, Oregon to Its Family of Hotels SPOKANE, Wash.,
Feb. 2 /PRNewswire-FirstCall/ -- WestCoast Hospitality Corporation
(NYSE:WEH) today announced an addition to its Red Lion brand. The
owner of the DoubleTree Hotel-Jantzen Beach in Portland, Oregon has
executed a franchise license agreement with the Company's
subsidiary, WestCoast Hotels, Inc. The 318 room property will open
as the Red Lion Hotel on the River in late March, 2005. The hotel
is managed by North Pacific Management, Inc., and features wireless
high speed Internet access, pool, fitness center, tennis courts and
a business center. WestCoast recently announced a $40 million
facility improvement plan for its owned Red Lion Hotels which will
accelerate the company's ongoing program to improve hotel quality
by increasing guest comfort, freshening decor and modernizing with
new technology. Consistent with this plan, the Red Lion Hotel on
the River will undergo renovations that will include updated
bathrooms, new plush pillow top Red Lion "Stay Comfortable" beds
and new decor in all sleeping rooms and meeting space. To take
advantage of the beauty of the hotel's riverside location, there
will be new outdoor meeting space directly on the banks of the
Columbia River with riverside decks, a lobby bar and a double stone
fireplace built into the lobby. The hotel has 34,000 square feet of
meeting space. Of that space, 18,000 square feet is a ballroom that
will be configurable to allow flexible conference and meeting
space. The hotel is located a half mile away from the Jantzen Beach
Supercenter Mall and minutes from the Portland Airport, downtown
and the Portland Expo Center. All renovations to sleeping rooms and
meeting space will be designed to accentuate riverfront views and
riverside access, with emphasis on guest service and the overall
guest experience. "We are very pleased to be teaming up with Red
Lion Hotels. We want to make this the best hotel in Portland," said
Brett Wilkerson, Vice President of Hotel operations for North
Pacific Management, Inc. "The capital improvements we are planning
will make the hotel a true resort in the city, a destination for
business, leisure and restaurant guests." John Taffin, Executive
Vice President Hotel, Operations for WestCoast Hospitality
Corporation said, "It will be wonderful to have the Red Lion Hotel
on the River in our family of hotels. The property was at one time
a flag-ship hotel of the Red Lion brand in the Portland area. This
hotel fits well with the Red Lion growth strategy of having
excellent combination meeting, business and leisure hotels in
primary markets." About North Pacific Management, Inc. North
Pacific Management is based in Portland, Oregon. Some of the other
properties managed by North Pacific Management include: The
Heathman Lodge in Vancouver, Washington, SouthPark Seafood Grill
& Wine Bar in Portland, Oregon, Radisson at the Airport in
Portland, Oregon, and Ashland Springs Hotel in Ashland, Oregon.
About WestCoast Hospitality WestCoast Hospitality Corporation is a
hospitality and leisure company primarily engaged in the ownership,
management, development and franchising of mid-scale, full service
hotels under its WestCoast(R) and Red Lion(R) brands. In addition,
through its entertainment division, which includes its
TicketsWest.com, Inc. subsidiary, it engages in event ticket
distribution and promotes and presents a variety of entertainment
productions. G&B Real Estate Services, its real estate
division, engages in traditional real estate-related services,
including developing, managing and acting as a broker for sales and
leases of commercial and multi-unit residential properties. This
press release contains forward-looking statements within the
meaning of federal securities law, including statements concerning
plans, objectives, goals, strategies, projections of future events
or performance and underlying assumptions (many of which are based,
in turn upon further assumptions). The forward-looking statements
in this press release are inherently subject to a variety of risks
and uncertainties that could cause actual results to differ
materially from those expressed. Such risks and uncertainties
include, among others, matters discussed in the Company's annual
report on Form 10-K for the 2003 fiscal year and in other documents
filed by the Company with the Securities and Exchange Commission.
CONTACT: Julie Langenheim Investor Relations Manager WestCoast
Hospitality Corporation +1-509-777-6322 DATASOURCE: WestCoast
Hospitality Corporation CONTACT: Julie Langenheim, Investor
Relations Manager, of WestCoast Hospitality Corporation,
+1-509-777-6322, or Web site: http://www.ticketswest.com/ Web site:
http://www.westcoasthotels.com/
Copyright
Westcoast Hospitality (NYSE:WEH)
Gráfica de Acción Histórica
De May 2024 a Jun 2024
Westcoast Hospitality (NYSE:WEH)
Gráfica de Acción Histórica
De Jun 2023 a Jun 2024