Red Lion Opens Near Boeing Field

SEATTLE-Red Lion Hotels & Inns is opening its ninth Washington state property this week near Boeing Field, its 37th hotel nationwide. The 118-room Red Lion Hotel Seattle South is a former Holiday Inn located at 11244 Pacific Highway South, four miles from Seattle Tacoma International Airport. Kenco Enterprises Northwest LLC owns the hotel under a license agreement with Red Lion Hotels, Inc., a franchise subsidiary of Beverly Hills-based Hilton Hotels Corp.

“The newly renovated Red Lion Hotel Seattle South is the first full service hotel south of downtown Seattle and is within a 15 minute drive of most downtown business centers and tourist attractions,” said Tom Murray, chief operating officer of Red Lion Hotels, Inc. and senior vice president – hotel division for Hilton Hotels Corporation.

Profits from the hotel industry are expected to flatten out over the next year or two as the economy and consumer confidence trends down, corporations and individuals pull back on discretionary spending and lenders grow more stingy with their capital, says Joel Heiser, the San Francisco-based executive managing director for Hospitality Asset Advisors.