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LaSalle Hotel Properties Declares Dividend for Second Quarter 2010

^{Published on 2010-06-15 03:21:44 - Market Wire}
 

BETHESDA, MD--([ BUSINESS WIRE ])--LaSalle Hotel Properties (NYSE: LHO) today declared a quarterly dividend of $0.01 per common share of beneficial interest for the quarter ending June 30, 2010. The second quarter dividend will be paid on July 15, 2010 to common shareholders of record on June 30, 2010.

LaSalle Hotel Properties is a leading multi-operator real estate investment trust owning 32 upscale full-service hotels, totaling over 8,700 guest rooms in 14 markets in 11 states and the District of Columbia. The Company focuses on owning, redeveloping and repositioning upscale full-service hotels located in urban, resort and convention markets. LaSalle Hotel Properties seeks to grow through strategic relationships with premier lodging companies, including Westin Hotels and Resorts, Sheraton Hotels & Resorts Worldwide, Inc., Hilton Hotels Corporation, Outrigger Lodging Services, Noble House Hotels & Resorts, Hyatt Hotels Corporation, Benchmark Hospitality, White Lodging Services Corporation, Thompson Hotels, Sandcastle Resorts & Hotels, Davidson Hotel Company, Denihan Hospitality Group, Dolce Hotels and Resorts, the Kimpton Hotel & Restaurant Group, LLC and Accor.

For additional information or to receive press releases via e-mail, please visit our website at [ www.lasallehotels.com ]