International Business News - RLH http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Red Lion Hotels Corp. said Wednesday that its board had authorized up to $10 million in stock buybacks. The hotel operator said the timing of repurchases will depend on market conditions, pricing and regulatory requirements. It said the buybacks would be made "from time to time" through open market purchases, block purchases or privately negotiated transactions. http://www.ibtimes.com/articles/20081126/red-lion-authorizes-10m-in-share-buybacks.htm Wed, 26 Nov 2008 10:21:59 EST New data from a market research firm confirmed that hotel companies suffered last week as travel was disrupted by continuing fears about the economy and the presidential election. http://www.ibtimes.com/articles/20081113/hotel-results-tumbled-last-week-report-says.htm Thu, 13 Nov 2008 09:31:31 EST Shares of hotel companies traded higher Wednesday after the Federal Reserve slashed the fed funds rate by a half point, as many investors expected. Hotel stocks have been hit particularly hard by the troubled economy, which has led consumers to postpone vacations and prompted businesses to cut back on travel spending. http://www.ibtimes.com/articles/20081029/hotel-companies-shares-stay-higher-after-rate-cut.htm Wed, 29 Oct 2008 14:42:05 EDT Among the stock activity stories for Friday, Oct. 17, from AP Financial News: NEW YORK (AP)--Shares of DR Horton Inc. tumbled Friday after an analyst removed the homebuilder from his top stocks list and a report showed September housing construction dropped to the slowest pace in almost 18 years. http://www.ibtimes.com/articles/20081017/movers-roundup-dr-horton-red-lion-hotels.htm Fri, 17 Oct 2008 18:56:24 EDT Shares of Red Lion Hotels Corp. continued to decline on Friday, one day after the hotel company said a buyout proposal has been withdrawn and its strategic alternatives process concluded without another offer. http://www.ibtimes.com/articles/20081017/red-lion-hotels-decline-after-deal-falls-through.htm Fri, 17 Oct 2008 20:19:46 EDT The development pipeline for U.S. hotels was 12.8 percent higher last month than it was in September 2007 but is showing signs of a slowdown, according to a report released by a market research firm on Wednesday. http://www.ibtimes.com/articles/20081016/us-hotel-pipeline-shows-signs-of-slowdown.htm Thu, 16 Oct 2008 12:51:20 EDT The U.S. hotel industry posted declines in three key performance metrics last week as the Jewish holiday and severe economic turmoil drove down demand, a market research firm said Thursday. http://www.ibtimes.com/articles/20081009/us-hotel-industry-posted-declines-last-week.htm Thu, 09 Oct 2008 12:24:06 EDT Shares of Red Lion Hotels Corp. plunged on Wednesday, after an analyst downgraded its stock to "Neutral" from "Outperform," saying the hotel company's strategic review process is unlikely to result in a sale. http://www.ibtimes.com/articles/20081008/red-lion-hotels-shares-plunge-after-downgrade.htm Wed, 08 Oct 2008 20:23:56 EDT Shares of hotel owners and operators surged with the broader market on Friday as government plans to rescue banks from billions of dollars in bad debt calmed some of investors' anxiety about fallout for the lodging sector. http://www.ibtimes.com/articles/20080919/hotel-stocks-surge-after-government-action.htm Fri, 19 Sep 2008 15:53:46 EDT This week's problems in the financing sector may have a longer-term impact on the hotel industry's development pipeline and help balance supply and demand, an analyst said Thursday. http://www.ibtimes.com/articles/20080918/hotel-industrys-longer-term-pipeline-may-shrink.htm Thu, 18 Sep 2008 16:41:25 EDT Occupancy at U.S. hotels continued to fall in the first week of September, a market research firm said Thursday, although room rates remained steady. For the week ended Sept. 6, Smith Travel Research said occupancy at U.S. hotels dropped 7.3 percent year-over-year to 54.3 percent. The industry's average daily rate grew 1.2 percent to $100.73. http://www.ibtimes.com/articles/20080911/us-hotel-demand-declines-continue-into-september.htm Thu, 11 Sep 2008 20:11:03 EDT Hotel sector stocks dropped with the broader market on Thursday as disappointing back-to-school retail sales and a spike in workers applying for unemployment benefits stoked investors' fears about the outlook for consumer spending. http://www.ibtimes.com/articles/20080904/sector-glance-hotel-stocks-down-on-gloomy-data.htm Thu, 04 Sep 2008 15:45:08 EDT Shares of most hotel companies were boosted with the broader market on Friday as oil prices retreated and Federal Reserve Chairman Ben Bernanke indicated the central bank is unlikely to soon raise interest rates. http://www.ibtimes.com/articles/20080822/hotel-companies-shares-jump-as-oil-prices-retreat.htm Fri, 22 Aug 2008 16:09:59 EDT Occupancy at hotels in the U.S. has continued to decline through the first half of August, a market research firm said Thursday, leading analysts to predict that the industry will begin reducing rates to fill rooms. http://www.ibtimes.com/articles/20080821/us-hotel-demand-declines-in-1st-half-of-august.htm Thu, 21 Aug 2008 12:52:43 EDT The U.S. hotel industry continued to post occupancy and revenue per available room declines in the first week of August, according to data collected by a market research firm. http://www.ibtimes.com/articles/20080813/us-hotel-industry-continues-declines-last-week.htm Wed, 13 Aug 2008 16:55:25 EDT Expedia Inc. said Tuesday it signed a long-term agreement with Red Lion Hotels Corp. for its 50 properties to be consolidated and available for booking on the online travel agency's Web sites. http://www.ibtimes.com/articles/20080812/expedia-to-post-red-lion-bookings-on-web-sites.htm Tue, 12 Aug 2008 09:44:39 EDT Red Lion Hotels Corp. said Tuesday that it executed several confidentiality agreements with third parties, including one with Columbia Pacific Opportunity Fund LP, which has given it an unsolicited takeover bid, as it reviews strategic alternatives. http://www.ibtimes.com/articles/20080805/red-lion-makes-columbia-pacific-talks-confidential.htm Tue, 05 Aug 2008 09:17:52 EDT Red Lion Hotels Corp. said Tuesday that a company representative is in discussions with Columbia Pacific Opportunity Fund LP regarding its unsolicited bid to buy the hotel operator. http://www.ibtimes.com/articles/20080701/red-lion-hotels-in-talks-with-columbia-pacific.htm Tue, 01 Jul 2008 17:28:05 EDT Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and Nasdaq Stock Market: NYSE http://www.ibtimes.com/articles/20080630/h-r-block-merrill-lynch-yahoo-among-big-movers.htm Mon, 30 Jun 2008 17:27:37 EDT Red Lion Hotels Corp. said Monday it has received an unsolicited takeover bid from shareholder Columbia Pacific Opportunity Fund LP. According to a filing with the Securities and Exchange Commission Friday, Columbia Pacific has offered to buy the hotel operator for $9.50 per share in cash, a 35 percent premium over the stock's Friday closing price of $7.05. http://www.ibtimes.com/articles/20080630/red-lion-hotels-receives-unsolicited-takeover-bid.htm Mon, 30 Jun 2008 09:06:16 EDT