Red Lion Hotels Corporation plans to acquire the Radisson Hotel Denver Southeast, located outside Denver in Aurora, Colo., for $25.3 million.
The deal is expected to close in mid-2008. The property will be rebranded as a Red Lion hotel upon closing.
Plans are in the works for an $8 million renovation to the hotel’s guest rooms and public spaces.
The 478-room hotel offers 25,000 square feet of meeting space.