LaSalle Hotel Properties Declares Dividend for the Second Quarter 2016
June 15 2016 - 8:30AM
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 June 30, 2016. The second quarter dividend will be
paid on July 15, 2016 to common shareholders of record on June 30,
2016.
LaSalle Hotel Properties is a leading multi-operator real estate
investment trust. The Company owns 47 hotels and a mezzanine loan
secured by two hotels in Santa Monica, California. The properties
are upscale, full-service hotels, totaling more than 12,000 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, Hilton Hotels Corporation, Outrigger Lodging
Services, Noble House Hotels & Resorts, Hyatt Hotels
Corporation, Benchmark Hospitality, White Lodging Services
Corporation, Commune Hotels and Resorts, Destination Hotels,
Davidson Hotel Company, the Kimpton Hotel & Restaurant Group,
LLC, Accor, HEI Hotels & Resorts, JRK Hotel Group, Inc.,
Viceroy Hotel Group, Highgate Hotels, and Access Hotels &
Resorts.
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/20160615005328/en/
LaSalle Hotel PropertiesKenneth G. Fuller or Max D. Leinweber,
301-941-1500
LaSalle (NYSE:LHO)
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