LaSalle Hotel Properties Declares Monthly Dividends for the Fourth Quarter 2006
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LaSalle Hotel Properties Declares Monthly Dividends for the Fourth Quarter 2006
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Category: Worldwide
This is a press release selected by our editorial committee and published online for free on 2006-10-16
LaSalle Hotel Properties (NYSE:LHO) today announced its monthly dividends of $0.14 per share of its common shares of beneficial interest for each of the months of October, November and December 2006.
The October dividend will be paid on November 15, 2006 to common shareholders of record on October 31, 2006; the November dividend will be paid on December 15, 2006 to common shareholders of record on November 30, 2006; and the December dividend will be paid on January 12, 2006 to common shareholders of record on December 29, 2006.
LaSalle Hotel Properties is a leading multi-tenant, multi-operator real estate investment trust, owning 30 upscale and luxury full-service hotels, totaling approximately 8,700 guest rooms in 15 markets in 11 states and the District of Columbia. The Company focuses on owning upscale and luxury 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, Crestline Hotels and Resorts, Inc., Outrigger Lodging Services, Noble House Hotels & Resorts, Hyatt Hotels Corporation, Benchmark Hospitality, White Lodging Services Corporation, Gemstone Resorts International, LLC, Thompson Hotels, Sandcastle Resorts & Hotels, Davidson Hotel Company, and the Kimpton Hotel & Restaurant Group, LLC.
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