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Topic - assetales

Red Lion Hotels Announces Plan for Strategic Sale of Two Hotel Properties

Red Lion Hotels Corporation (NYSE: RLH) has announced plans to offer for sale its Red Lion Hotel Fifth Avenue, located in Seattle, and its Red Lion Hotel Denver Southeast. Red Lion plans to structure the Seattle transaction to continue the hotel's operation under the Red Lion brand, managed by Red Lion.



Starwood Sells the St Regis Aspen for $70 Million

Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) announced that they have sold the 179-room St. Regis Aspen for $70 million to 315 East Dean Associates Inc., a Delaware Corporation represented by Bangkok-based OptAsia Capital Co.