LaSalle Hotel Properties Declares Dividend for the Second Quarter 2018
June 15 2018 - 8:00AM
Business Wire
LaSalle Hotel Properties (NYSE: LHO) today declared a quarterly
dividend of $0.225 per common share of beneficial interest for the
quarter ending June 30, 2018. The second quarter dividend will be
paid on July 16, 2018 to common shareholders of record as of June
29, 2018.
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 July 16, 2018 to shareholders of record as of June
29, 2018.
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
Access Hotels & Resorts, Accor, Benchmark Hospitality, Davidson
Hotel Company, Evolution Hospitality, HEI Hotels & Resorts,
Highgate Hotels, Hilton, Hyatt Hotels Corporation, IHG, JRK Hotel
Group, Inc., Marriott International, Noble House Hotels &
Resorts, Outrigger Lodging Services, Provenance Hotels, Two Roads
Hospitality, and Viceroy Hotel Group.
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: https://www.businesswire.com/news/home/20180615005045/en/
LaSalle Hotel PropertiesKenneth G. Fuller or Max D. Leinweber,
301-941-1500
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