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LaSalle Hotel Properties Declares Monthly Dividends for the First Quarter 2007

LaSalle Hotel Properties Declares Monthly Dividends for the First Quarter 2007

Category: North America & West Indies / Carribean islands
This is a press release selected by our editorial committee and published online for free on 2007-01-15


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 January, February and March 2007.

The January dividend will be paid on February 15, 2007 to common shareholders of record on January 31, 2007; the February dividend will be paid on March 15, 2007 to common shareholders of record on February 28, 2007; and the March dividend will be paid on April 13, 2007 to common shareholders of record on March 30, 2007.

LaSalle Hotel Properties is a leading multi-tenant, multi-operator real estate investment trust, owning 32 upscale and luxury full-service hotels, totaling approximately 9,000 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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