NEWTON, Mass., March 17, 2021 /PRNewswire/ -- Sonesta
International Hotels Corporation (Sonesta) today announced the
completion of its previously announced acquisition of RLH
Corporation (NYSE: RLH). As a result, Sonesta is now one of the
largest hotel companies globally with approximately 1,200
locations, more than 100,000 guest rooms, and a diversified
portfolio of 15 brands across multiple market segments.
Sonesta also announced that 35-year hotel industry veteran
Keith Pierce is joining Sonesta as
Executive Vice President, President of Franchise & Development
effective March 18, 2021.
John J. Russell, Jr., Chief
Executive Officer of RLH, will continue to support Sonesta
leadership through the transition until April 30, 2021.
Carlos Flores, President and
Chief Executive Officer of Sonesta, made the following statement
regarding today's announcement:
"The closing of the Red Lion
transaction is transformative for Sonesta. It establishes Sonesta
as one of the largest hotel companies in the world, and as an
owner, manager and franchisor of hotels. The Red Lion
acquisition significantly enhances Sonesta's existing franchising
capabilities by adding more than 900 franchised locations to our
existing global footprint of branded hotels.
In addition, we are also excited
to welcome Keith Pierce as the
newest member of Sonesta's executive leadership team. I am
confident Keith will fulfill his mandate to aggressively grow and
mature Sonesta's franchising business. We look forward to
sharing more details of Sonesta's plans for our franchise business
in the weeks ahead.
I also wish to thank John Russell for his collaboration and
leadership during this transaction."
About Sonesta
Sonesta is one of the fastest-growing hospitality companies in
the U.S., celebrating an approximate 350% increase in its managed
hotel portfolio and 1,400% increase overall. You will find 1,200
Sonesta hotels across 15 brands operating in the U.S., Canada, Chile, Colombia, Ecuador, Egypt, Peru,
and St. Maarten. For more about
Sonesta and its locations, visit Sonesta.com or call 800.Sonesta
(800.766.3782). For more information about Red Lion Hotels, visit
Rlhco.com.
* High-resolution images are available
at www.sonesta.com/media for all Sonesta hotels.
Media Contact:
Lorie Juliano
ljuliano@sonesta.com; office: 617.421.5429; mobile:
508.843.3769
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SOURCE Sonesta International Hotels Corporation