Red Lion signs franchise agreements with three New Mexico hotels

RLHC (Red Lion Hotels Corporation) signed franchise license agreements with the new owners of three hotels in New Mexico.

The Red Lion Hotel Gallup, Red Lion Hotel Farmington and Red Lion Hotel Grants were purchased by separate entities controlled by First Capital Real Estate Investments. In turn, the new owners named Chandler Hotel Group as its management company.

The new owners plan to invest substantially in each of the three properties, upgrading the lobbies, restaurants and guestroom amenities over the next several months.

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