Red Lion Hotel Group Books a Room with Intralinks®
Red Lion Hotel Group, needed a room of its own – a virtual data room (VDR). Find out how Intralinks Dealspace™ made their deal process more efficient.
16 July 2014
There’s nothing like a good hotel room.
When I travel I always look for a hotel that provides a comfortable, safe environment, where I have all of the amenities I need: I want the freedom to work, or read, or call my family — all in complete privacy, with complete security.
Privacy. Full service. Security. The qualities of a good hotel room just happen to be the same qualities of a good virtual data room (VDR).
Red Lion Hotels, one of North America’s premier hospitality groups, recently went on a search for a VDR to streamline its large and growing corporate acquisitions program.
Growth is in Red Lion’s DNA. From its beginning in 1937 as a single hotel in Spokane to the 52-property, 9,014-room international powerhouse it is today, Red Lion has relied on strategic transactions to fuel its growth and support its financial performance.
After checking out all the virtual data room offerings available, Red Lion decided to check into Intralinks Dealspace™. It found that Intralinks was the right partner to upgrade it from a risky manual process of emailing sensitive documents (and sending flash drives by regular mail) to a secure electronic platform. Now it easily and instantly shares sensitive documents digitally — to both external and internal parties — with complete confidence and control.
Julie Langenheim, director of corporate services, legal & asset management at Red Lion, reflects, “I saved a significant amount of my time by using Intralinks instead of other VDR providers.”
Intralinks gave Red Lion room to grow, offering a safe, secure and full service VDR where it now closes more deals, more efficiently. In turn, Red Lion gave Intralinks Dealspace five stars.
Want to learn more? Read the Red Lion Hotels case study.
Matt Porzio joined Intralinks in 2003. As SVP Marketing & Strategic Business Development, he is responsible for managing and driving the strategic direction for Intralinks Dealspace including virtual data room and full deal lifecycle solutions for the M&A, Private Equity, Advisory, Corporate Development and Restructuring communities. Before joining Intralinks, he was a senior associate at Metzler, a German advisory firm, focused on cross-border M&A transactions.