RED LION HOTELS ACQUIRES 478-ROOM HOTEL FOR $25.3 MILLION

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DENVER — Red Lion Hotels Corp. has acquired the Renaissance Hotel Denver Southeast for $25.3 million. Located along Interstate 225, the hotel has been re-named the Red Lion Hotel Denver Southeast. The hotel features 25,000 square feet of meeting space, a two-story parking garage, a swimming pool, a business center, a 120-seat restaurant and a 50-seat lounge. Red Lion plans to invest $8 million on renovations for the property.

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