Exhibit 99.1

		Company Contact Pam Scott VP, Corporate Communications 509-777-6393 (d) 509-570-4610 (c) Pam.Scott@redlion.com

Red Lion Hotels Reports Third Quarter 2014 Results

Adjusted EBITDA Increases for Third Consecutive Quarter; Franchising Signs 12 Deals Year-To-Date

SPOKANE, Wash., Nov. 5, 2014—Red Lion Hotels Corporation (NYSE: RLH), an operator and franchisor of midscale and upscale hotels, today announced its results for the third quarter ended September 30, 2014.

Highlights:

Comparable operating results and data from continuing operations (as disclosed in the table by the same title) for the periods included in this release exclude from hotel operations the results of the hotels or operations that have been sold in the past four quarters. Throughout this release the company refers to certain non-GAAP financial measures, such as EBITDA and Adjusted EBITDA. Please refer to the tables attached to this release for a reconciliation of these non-GAAP financial measures to their most directly comparable financial measure determined in accordance with GAAP.

“Our strong third quarter results underscore the success we are achieving with our new technology and marketing initiatives,” said RLHC President and Chief Executive Officer Greg T. Mount. “This is the third consecutive quarter in which we have made strong year over year improvements to our Adjusted EBITDA and RevPAR performance. Our improved e-commerce, technology and digital marketing capabilities have grown market share and reduced our cost of sale while simultaneously increasing our average daily rate to a level that is the highest the company has generated in a decade.”

He continued, “Our solid pipeline of franchising opportunities is producing meaningful results for the company. We have signed 12 agreements this year, launching our national expansion with the signing of a property at Detroit Airport, our first hotel east of the Mississippi River. With the recent announcement of our new upscale brand, Hotel RL, we are even more encouraged about our growth prospects. A preview of the Hotel RL concept, as well as our new Hello Rewards guest recognition program and other marketing initiatives are available online at redlion.com/rlhcvideos.”

Mount concluded, “We have appointed executive Jim Bell as Executive Vice President and Chief Financial Officer. Jim has decades of public company experience with large consumer brands. His real estate development and investment banking experience will be beneficial as we continue to expand nationally.”

Third Quarter 2014 Results

Comparable revenue from owned and leased hotels of $35.9 million increased $2.6 million or 7.9 percent compared to the same period a year ago, generated primarily by an increase in RevPAR. Year over year, comparable third quarter RevPAR increased 8.3 percent to $80.41 generated by a 3.7 percent increase in ADR to $100.19 and a 340 basis point increase in occupancy. Comparable hotel direct operating margin increased to 33.2 percent from 29.3 percent primarily due to increased ADR and food and beverage profitability.

Franchise revenue was $2.1 million versus $2.4 million during the third quarter of 2013 primarily due to the change in mix and location of franchise hotels. Net segment profits decreased $0.3 million over prior year.

Entertainment revenue increased by $1.7 million compared to the prior year period due to an offseason production in the third quarter. Profitability remained unchanged year-over-year as production costs increased in proportion to the increase in revenue.

Total company Adjusted EBITDA for the third quarter increased $2.1 million, compared to the prior year period. The improvement is primarily attributable to improved profitability of the company’s hotel operations.

Net income from continuing operations in the third quarter of 2014 was $4.9 million compared to $1.6 million in the same period a year ago, primarily due to improved profitability of the company’s hotel operations. The improvement is also attributable to a decline in corporate expenses, including the absence of CEO transition costs that were recorded in 2013, and lower income taxes in 2014 due to the existence of a valuation allowance against the company’s net deferred tax assets.

Liquidity and Balance Sheet

At September 30, 2014, the company had $28.5 million in cash and cash equivalents and no cash borrowings on its $10 million revolving line of credit. Additionally, at September 30, 2014, the company had outstanding debt of $63.0 million, of which $2.4 million was current.

Capital expenditures, primarily for guest rooms, public spaces and mechanical systems improvement projects, for the nine months ended September 30, 2014, totaled $7.3 million.

Franchise Lodging Development Update

Year to date, the company has signed 12 franchise agreements:

Assets Sold or Held for Sale

As of September 30, 2014, the following assets were listed as held for sale:

Subsequent to quarter end, the company sold the Red Lion Hotel Pocatello for $3.0 million, using $1.4 million of the proceeds to pay down debt, and concurrently signed a franchise agreement with the new owner.

Discontinued Operations

The operating results of the previously owned properties in Yakima, Columbia Center and Kelso/Longview, Wash., and Twin Falls and Pocatello, Idaho, had been classified as discontinued operations in the fourth quarter 2013 financial statements as the properties were listed for sale and not expected to continue to operate as Red Lion franchises. However, in each of these cases the buyers of the assets signed franchise agreements upon closing during 2014, therefore these properties are reported in continuing operations for the third quarter and all comparable periods presented. Listed in discontinued operations are the operating results of the hotels located in Wenatchee, Wash., and Medford and Eugene, Ore., and the commercial mall in Kalispell, Mont., and a contract catering business in Yakima, Wash. As required under generally accepted accounting principles (“GAAP”), Red Lion separately reports the results of these operations including any related asset impairment charges, net of income taxes as “Income (loss) from discontinued operations” on the company’s consolidated statement of comprehensive income (loss) for all periods presented.

Outlook for 2014

Based on the outlook for the markets in which the company operates and on currently available information, the company increases its RevPAR guidance for 2014:

Conference Call Information

The company will conduct a conference call on Nov. 6, 2014, at 9:00 a.m. Pacific Time (noon. Eastern Time), to discuss the results for interested investors, analysts and portfolio managers. Hosting the call will be President and Chief Executive Officer Greg Mount and Executive Vice President of Finance Julie Shiflett. Also available on the call will be Jim Bell, newly appointed Executive Vice President and Chief Financial Officer. Red Lion will take questions from investors and analysts during the conference call. Additionally, the company invites investors and analysts to submit questions regarding third quarter 2014 results in advance of the conference call by email to 3Q14@redlion.com.

To participate in the conference call, please dial the following number ten minutes prior to the scheduled time: (800) 230-1096. International callers should dial (612) 332-0107.

This conference call will also be webcast live on www.redlion.com in the Investor Relations section of the website. To listen to the live call, please go to the Red Lion website at least fifteen minutes prior to the start of the call to register and to download and install any necessary audio software. For those unable to participate during the live broadcast, a replay will be available at 11:00 a.m. Pacific Time on Nov. 6, 2014, through Dec. 6, 2014, at (800) 475-6701 or (320) 365-3844 (International), using access code—339295. The replay will also be available shortly after the call on the Red Lion website.

About Red Lion Hotels Corporation

Red Lion Hotels Corporation is a hospitality company primarily engaged in the franchising, ownership and operation of hotels. The company has more than 50 hotels system wide and also owns and operates an entertainment and event ticket distribution business. For more information, please visit the company’s website at www.redlion.com.

This press release contains forward-looking statements within the meaning of federal securities law, including statements concerning plans, objectives, goals, strategies, projections of future events or performance and underlying assumptions (many of which are based, in turn, upon further assumptions). The forward-looking statements in this press release are inherently subject to a variety of risks and uncertainties that could cause actual results to differ materially from those expressed. Such risks and uncertainties include, among others, economic cycles; international conflicts; changes in future demand and supply for hotel rooms; competitive conditions in the lodging industry; relationships with franchisees and properties; impact of government regulations; ability to obtain financing; changes in energy, healthcare, insurance and other operating expenses; ability to sell non-core assets; ability to locate lessees for rental property; dependency upon the ability and experience of executive officers and ability to retain or replace such officers as well as other matters discussed in the company’s annual report on Form 10-K for the year ended December 31, 2013, and in other documents filed by the company with the Securities and Exchange Commission.

Red Lion Hotels Corporation

Consolidated Statements of Comprehensive Income (Loss)

(unaudited)

($ in thousands, except footnotes and per share amounts)

Red Lion Hotels Corporation

Consolidated Statements of Comprehensive Income (Loss)

(unaudited)

($ in thousands, except footnotes and per share amounts)

Red Lion Hotels Corporation

Consolidated Balance Sheets

(unaudited)

($ in thousands, except share data)

Red Lion Hotels Corporation

Additional Hotel Statistics

(unaudited)

System-wide Hotels as of September 30, 2014 ⁽¹⁾

Comparable Hotel Statistics from Continuing Operations ⁽¹⁾

Red Lion Hotels Corporation

Comparable Operating Results and Data From Continuing Operations

(unaudited)

($ in thousands)

Certain operating results for the periods included in this report are shown on a comparable hotel basis. Comparable hotels are defined as properties that are owned or leased by the company and the operations of which are included in the consolidated results from continuing operations for the entirety of the reporting periods being compared. Comparable operating results from continuing operations and comparable operating results from continuing operations represent reported operating results less the impact of the following: the Missoula property, which was sold in February 2013; the Pendleton property, which was sold in April 2013; the Yakima property, which was sold in April 2014; the Kelso and Kennewick properties, which were sold in May 2014; and the Canyon Springs property, which was sold in June 2014. We utilize these measures because management finds them a useful tool to perform more meaningful comparisons of past, present and future operating results and as a means to evaluate the results of core, ongoing operations. We believe they are a complement to reported operating results. Comparable operating results from continuing operations are not intended to represent reported operating results defined by generally accepted accounting principles in the United States (“GAAP”), and such information should not be considered as an alternative to reported information or any other measure of performance prescribed by GAAP.

The reconciliation of hotel operating expense per the consolidated statements of operations to comparable hotel operating expense is as follows:

Red Lion Hotels Corporation

Reconciliation of EBITDA to Net Income (Loss)

(unaudited)

($ in thousands)

The following is a reconciliation of EBITDA and Adjusted EBITDA to net income (loss) for the periods presented:

NON-GAAP FINANCIAL MEASURES

EBITDA is defined as net income (loss), before interest, taxes, depreciation and amortization. EBITDA is considered a non-GAAP financial measurement. We believe it is a useful financial performance measure for us and for our shareholders and is a complement to net income and other financial performance measures provided in accordance with generally accepted accounting principles in the United States (“GAAP”).

We use EBITDA to measure financial performance because it excludes interest, taxes, depreciation and amortization, which bear little or no relationship to operating performance. By excluding interest expense, EBITDA measures our financial performance irrespective of our capital structure or how we finance our properties and operations. We generally pay federal and state income taxes on a consolidated basis, taking into account how the applicable tax laws apply to our company in the aggregate. By excluding taxes on income, we believe EBITDA provides a basis for measuring the financial performance of our operations excluding factors that our hotels and other operations cannot control. By excluding depreciation and amortization expense, which can vary from hotel to hotel based on historical cost and other factors unrelated to the hotels’ financial performance, EBITDA measures the financial performance of our hotels without regard to their historical cost. For all of these reasons, we believe that EBITDA provides us and investors with information that is relevant and useful in evaluating our business.

We use Adjusted EBITDA as another measure of financial performance. We believe that the inclusion or exclusion of certain recurring and non-recurring items, such as gains and losses on asset dispositions and impairments, is necessary to provide the most accurate measure of core operating results and as a means to evaluate comparative results.

Because EBITDA and Adjusted EBITDA exclude depreciation and amortization, they do not measure the capital we require to maintain or preserve our long-lived assets. In addition, because EBITDA and Adjusted EBITDA do not reflect interest expense, they do not take into account the total amount of interest we pay on outstanding debt nor do they show trends in interest costs due to changes in our borrowings or changes in interest rates. EBITDA and Adjusted EBITDA, as defined by us, may not be comparable to EBITDA and Adjusted EBITDA as reported by other companies that do not define EBITDA and Adjusted EBITDA exactly as we define the term. Because we use EBITDA and Adjusted EBITDA to evaluate our financial performance, we reconcile all EBITDA and Adjusted EBITDA measures to net income, which is the most comparable financial measure calculated and presented in accordance with GAAP. EBITDA and Adjusted EBITDA do not represent cash provided by operating activities determined in accordance with GAAP, and should not be considered as an alternative to operating income or net income determined in accordance with GAAP as an indicator of performance or as an alternative to cash flows from operating activities as an indicator of liquidity.