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RLJ Lodging Trust Acquires Downtown Houston Hotels

RLJ Lodging Trust Acquires Downtown Houston Hotels

BETHESDA, Md.—RLJ Lodging Trust announced that it acquired the historic Humble Oil Building complex in downtown Houston, for a purchase price of $79.5 million, or approximately $151,000 per key. The Humble Oil Building is a three-tower complex that occupies an ...

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Red Lion Signs Franchise Agreement in Kennewick, Wash.

Red Lion Signs Franchise Agreement in Kennewick, Wash.

SPOKANE, Wash.—Red Lion Hotels Corporation announced that the company has signed a franchise license agreement with Sandhu NW Hospitality LLC, the owners of a hotel in Kennewick, Wash. The future Red Lion Inn & Suites Kennewick is expected to convert ...

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