LaSalle Hotel Properties Declares Dividend for the Third Quarter 2016

BETHESDA, Md.--(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, 2016. The third quarter dividend will be paid on October 17, 2016 to common shareholders of record on September 30, 2016.

About LaSalle Hotel Properties

LaSalle Hotel Properties is a leading multi-operator real estate investment trust. The Company owns 46 properties, which are upscale, full-service hotels, totaling approximately 11,450 guest rooms in 13 markets in nine 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, Starwood Hotels & Resorts Worldwide, Outrigger Lodging Services, Noble House Hotels & Resorts, Hyatt Hotels Corporation, Benchmark Hospitality, Commune Hotels and Resorts, Destination Hotels, Davidson Hotel Company, 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.

View source version on businesswire.com: http://www.businesswire.com/news/home/20160915005233/en/

LaSalle Hotel Properties
Kenneth G. Fuller or Max D. Leinweber
301-941-1500

Source: LaSalle Hotel Properties

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