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Red Lion Hotels merges with Sonesta International

The transaction is currently expected to close in the first half of 2021, and is subject to customary closing conditions, including the approval of RLH’s shareholders, who will vote on the transaction at a future meeting

Hemma Visavadia Send an email Tuesday, 5 January 2021, 11:53Last Updated: Tuesday, 5 January 2021, 11:54
1 minute read

Red Lion Hotels (RLH) has announced that it has been acquired by Sonesta International Hotels in an all-cash transaction for approximately $90m (£66m).

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Hemma Visavadia Send an email Tuesday, 5 January 2021, 11:53Last Updated: Tuesday, 5 January 2021, 11:54
1 minute read
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