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Red Lion Hotels Corporation history
Red Lion Hotels Corporation company history timeline
Red Lion Hotels Corporation's roots can be traced back to Spokane, Washington in 1937 when the property management division of Washington Trust Bank, then known as The Washington Trust Company, was established and led by a man named Frank M. Goodale.
Frank Goodale purchased the property management business from Washington Trust in 1944 and kept Barbieri on as an employee.
Since our 1959 establishment in the Pacific Northwest, we've expanded across the United States and Canada with 8 unique brands.
Though Barbieri went on to buy out Goodale's share in the company in 1959, he maintained the company's name.
In 1968, Stockbridge residents Jack and Jane Fitzpatrick bought the property.
On May 29, 1969, the Inn was opened for year-round business for the first time.
The company focused primarily on commercial real estate and development, but expanded into housing in 1972.
In 1974, several nearby buildings, including the former village firehouse, were purchased to be used as guesthouses.
In 1976, Goodale & Barbieri launched its hospitality division, constructing and opening its first hotel near present-day Riverfront Park.
Goodale & Barbieri eventually created a brand name for the company's hotel operations, launching the Cavanaughs brand in 1980.
By 1987, the company established a computerized event ticketing company, G&B Select A Seat, which is now known as TicketsWest.
Preparing for an initial public offering, Goodale & Barbieri Companies adopted its hotel brand into its corporate identity in 1997, changing its name to Cavanaughs Hospitality Corporation.
The IPO was completed in April 1998, and Cavanaughs began trading under the ticker CVH.
By 2001, the company grew again; this time by announcing it would acquire the Red Lion Hotels brand and properties (along with several other DoubleTree properties) from Hilton Hotels.
Growth of its hotel operations continued into the 2010 decade.
Turkel was designated as the “2014 Historian of the Year by Historic Hotels of America,” the official program of the National Trust for Historic Preservation.
In September 2016, RLHC acquired Vantage Hospitality Group and its brands Vantage Hotels, Americas Best Value Inn, Canadas Best Value Inn, Lexington by Vantage, America's Best Inns and Suites, Country Hearth Inns, Jameson Inns, Signature Inn, and 3 Palms Hotels & Resorts.
Following up on its acquisition of Vantage and its nine brands, RLHC pared down its brand lineup and positioning in May 2017 to eliminate market position overlaps and provide its franchisees the flexibility to move between brands.
To reflect its growing portfolio of brands beyond its eponymously named Red Lion Hotels chain, the company quietly rebranded itself as RLH Corporation around July 2017, though still maintaining its legal name of Red Lion Hotels Corporation.
On August 17, 2017, RLHC announced it had sold its TicketsWest business to Paciolan, a ticketing business which is owned by Learfield.
On April 4, 2018, RLHC announced it had reached an agreement with Wyndham Worldwide to acquire the Knights Inn brand for $27 million.
On December 30, 2020, it was announced RLHC would be acquired by Sonesta International Hotels Corporation.
The spun-off company was reestablished as Goodale & Barbieri Company, a nod to its historical past, and as of 2020, remains based in Spokane and led by members of the Barbieri family.
The acquisition was finalized on March 17, 2021.
© 2022 Sonesta RL Franchising, Inc.
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Red Lion Hotels Corporation competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Kimpton Hotels & Restaurants | 1981 | $1.0B | 8,135 | 751 |
| Boyd Gaming | 1975 | $3.9B | 25,000 | 392 |
| InterContinental Hotels Group Resources, Inc. | - | $2.9B | 350,000 | 225 |
| Columbia Sussex | 1972 | $24.0M | 120 | - |
| Hilton | 1919 | $11.2B | 173,000 | 3,438 |
| Station Casinos | 1976 | $1.4B | 11,600 | 90 |
| Marriott International | 1927 | $25.1B | 121,000 | 6,894 |
| Radisson | - | $3.0M | 50 | 4 |
| Interstate Hotels & Resorts | 1961 | $1.7B | 19,060 | 88 |
| Wyndham Hotels & Resorts | 1981 | $1.6B | 50 | 270 |
Red Lion Hotels Corporation history FAQs
Zippia gives an in-depth look into the details of Red Lion Hotels Corporation, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Red Lion Hotels Corporation. The employee data is based on information from people who have self-reported their past or current employments at Red Lion Hotels Corporation. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Red Lion Hotels Corporation. The data presented on this page does not represent the view of Red Lion Hotels Corporation and its employees or that of Zippia.
Red Lion Hotels Corporation may also be known as or be related to Goodale & Barbieri Companies (1950s–1997) Cavanaughs Hospitality Corporation (1997–2000) WestCoast Hospitality Corporation (2000–2005), RLH Corp., Red Lion Hotels, Red Lion Hotels Corp. and Red Lion Hotels Corporation.