News in brief: Rezidor, Lowe, Red Lion

Rezidor expands in Scotland:  Rezidor Hotel Group announced that the 91-room Park Inn by Radisson Glasgow City Centre, located in Glasgow, Scotland, will open in the first quarter of 2013.

Read more at MarketWatch


Lowe-Oaktree JV buys Washington resort:  Lowe Enterprises and Oaktree Capital Management formed a joint venture to buy the 254-room Suncadia Resort, located in Roslyn, Washington.

Read more at MarketWatch


Red Lion posts deeper loss:  Red Lion Hotels Corp., which said in March that it may sell its hotel chain, posted a loss of US$6.6 million in the first quarter of 2012, deepening from its US$4.5 million loss in the first quarter of 2011.

Read more at PRNewswire


Provenance, Woodbine buy Oregon hotel:  Provenance hotels and Woodbine Development Corp. bought the 100-room Governor Hotel, located in Portland, Oregon.

Read more at Oregon Live


Marriott announces dividend:  Marriott International approved a 30% increase to US$0.13 per share to its quarterly dividend.

Read more at the Marriott News Center