Red Lion Hotels, Inc. - Specimen Stock Certificate

Specimen Stock printed by American Bank Note Company.

Red Lion Hotels Corporation, doing business as RLH Corporation, is an American hospitality corporation that primarily engages in the franchising, management and ownership of upscale, mid-scale and economy hotels. Red Lion, headquartered in Denver, Colorado, has 90,000 rooms across more than 1,400 properties (as of May 2018) in North America.

Red Lion Hotels Corporation's roots can be traced back to Spokane, Washington in 1937 when the property management division of Washington Trust Bank, then known as The Washington Trust Company, was established and led by a man named Frank M. Goodale. Goodale quickly hired Louis Barbieri, who was from nearby De Smet, Idaho and a recent business degree graduate from Gonzaga University, to work under him. Frank Goodale purchased the property management business from Washington Trust in 1944 and kept Barbieri on as an employee. By the mid-1950s, Barbieri was elevated to a partner in the business, and the company formally became known as Goodale & Barbieri Companies. Though Barbieri went on to buy out Goodale's share in the company in 1959, he maintained the company's name. The company focused primarily on commercial real estate and development, but expanded into housing in 1972. 1970s–1990s: Diversification into lodging and entertainment operations In 1976, Goodale & Barbieri launched its hospitality division, constructing and opening its first hotel near present-day Riverfront Park. The hotel, originally called the TraveLodge River Inn (unrelated to Travelodge), was constructed in a limited liability partnership with the Burlington Northern Railroad on a four-acre plot of land, then-utilized as a coal storage yard, that the railroad owned but no longer needed, in part because of the urban transformation and redevelopment of Spokane's riverfront for Expo '74. Goodale & Barbieri eventually created a brand name for the company's hotel operations, launching the Cavanaughs brand in 1980. By 1987, the company established a computerized event ticketing company, G&B Select A Seat, which is now known as TicketsWest. In 1991, the company briefly ventured into food production, purchasing a local Spokane dairy, Broadview Dairy, out of bankruptcy and operating it until its closure in 1997. Read more at https://en.wikipedia.org/wiki/Red_Lion_Hotels_Corporation

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