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LaSalle Hotel Properties Declares Dividend for Fourth Quarter 2010

^{Published on 2010-12-15 03:40:38 - Market Wire}
 

BETHESDA, Md.--([ BUSINESS WIRE ])--LaSalle Hotel Properties (NYSE:LHO) today declared a quarterly dividend of $0.11 per common share of beneficial interest for the quarter ending December 31, 2010. The fourth quarter dividend will be paid on January 14, 2011 to common shareholders of record on December 31, 2010.

LaSalle Hotel Properties is a leading multi-operator real estate investment trust owning 35 upscale full-service hotels, totaling over 9,100 guest rooms in 14 markets in 10 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, the Kimpton Hotel & Restaurant Group, LLC, Accor, Destination Hotels & Resorts, HEI Hotels & Resorts and JRK Hotel Group, Inc.

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