WEH Westcoast Hosp Cp

WestCoast Hospitality Corporation Included in New Russell Microcap Index SPOKANE, Wash., July 7 /PRNewswire-FirstCall/ -- WestCoast Hospitality Corporation (NYSE:WEH) announced today that it became a member of the new Russell Microcap(TM) Index when Russell Investment Group reconstituted its family of U.S. indexes on June 24. Russell recently posted a membership list for the Russell Microcap at http://www.russell.com/US/Indexes. Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for both passive and active investment strategies. More than $2.5 trillion in assets currently are benchmarked to them. Investment managers who oversee these funds purchase shares of member stocks according to that company's weighting in the particular index. Arthur M. Coffey, President and Chief Executive Officer of WestCoast Hospitality Corporation, said, "Russell is a well-respected industry leader and we are pleased to be included in this new index." About WestCoast Hospitality Corporation WestCoast Hospitality Corporation is a hospitality and leisure company primarily engaged in the ownership, management, development and franchising of upper mid-scale, full service hotels under its Red Lion(R) and WestCoast(R) brands. In addition, through its entertainment division, which includes its TicketsWest.com, Inc. subsidiary, it engages in event ticket distribution and promotes and presents a variety of entertainment productions. G&B Real Estate Services, its real estate division, engages in traditional real estate-related services, including developing, managing and brokering sales and leases of commercial and multi-unit residential properties. About Russell Investment Group Russell, a global leader in multi-manager investment services, provides investment products and services in more than 39 countries. Russell manages more than $135 billion in assets and advises clients worldwide representing $2.3 trillion. Founded in 1936, Russell is a subsidiary of Northwestern Mutual and is headquartered in Tacoma, Wash., with additional offices in New York, Toronto, London, Paris, Singapore, Sydney, Auckland and Tokyo. Contact: Anupam Narayan Title: Executive Vice President, Chief Investment Officer and Chief Financial Officer Chief Financial Officer Phone: 1-509-459-6100 Internet: http://www.redlion.com/ http://www.westcoasthotels.com/ http://www.ticketswest.com/ http://www.g-b.com/ DATASOURCE: WestCoast Hospitality Corporation CONTACT: Anupam Narayan, Executive Vice President, Chief Investment Officer and Chief Financial Officer Chief Financial Officer of WestCoast Hospitality Corporation, +1-509-459-6100, or Web site: http://www.westcoasthotels.com/

Copyright