Red Lion Seattle, Denver hotels for sale

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Red Lion Hotels Corp. has hung “For sale” signs on its Denver and Seattle properties as it shifts to a more franchise-based network, President Jon Elliasen said Tuesday.
But he said the company plans to retain management responsibilities for the 297-room Red Lion Hotel Fifth Avenue in Seattle, which will also keep the Spokane-based chain’s brand.
“It’s an important site for us,” he said.
Sale of the hotel was timed, in part, to coincide with a previously announced effort to sell its hotel in southeast Denver, Eliassen said.

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