LaSalle Hotel Properties Declares Dividend for the Third Quarter 2017
September 15 2017 - 8:00AM
Business Wire
LaSalle Hotel Properties (NYSE: LHO) today declared a quarterly
dividend of $0.45 per common share of beneficial interest for the
quarter ending September 30, 2017. The third quarter dividend will
be paid on October 16, 2017 to common shareholders of record as of
September 29, 2017.
The Company also declared a quarterly dividend of $0.3984375 per
share of the Company’s 6.375% Series I Cumulative Redeemable
Preferred Shares of beneficial interest and a quarterly dividend of
$0.39375 per share of the Company’s 6.3% Series J Cumulative
Redeemable Preferred Shares of beneficial interest, each of which
will be paid on October 16, 2017 to shareholders of record as of
September 29, 2017.
About LaSalle Hotel Properties
LaSalle Hotel Properties is a leading multi-operator real estate
investment trust. The Company owns 41 properties, which are
upscale, full-service hotels, totaling approximately 10,400 guest
rooms in 11 markets in seven 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 groups, including
Hilton Hotels Corporation, Marriott International, Outrigger
Lodging Services, Noble House Hotels & Resorts, Hyatt Hotels
Corporation, Benchmark Hospitality, Two Roads Hospitality, Davidson
Hotel Company, Kimpton Hotel & Restaurant Group, LLC, Accor,
HEI Hotels & Resorts, JRK Hotel Group, Inc., Viceroy Hotel
Group, Highgate Hotels, Access Hotels & Resorts, and Provenance
Hotels.
For additional information or to receive press releases via
e-mail, please visit our website at www.lasallehotels.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20170915005102/en/
LaSalle Hotel PropertiesKenneth G. Fuller or Max D.
Leinweber301-941-1500
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