LaSalle Hotel Properties Declares Dividend for the Fourth Quarter 2017

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 December 31, 2017. The fourth quarter dividend will be paid on January 16, 2018 to common shareholders of record as of December 29, 2017.

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 January 16, 2018 to shareholders of record as of December 29, 2017.

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 Hilton Hotels Corporation, Marriott International, Outrigger Lodging Services, Noble House Hotels & Resorts, Hyatt Hotels Corporation, Benchmark Hospitality, Two Roads Hospitality, Davidson Hotel Company, Kimpton Hotel & Restaurant Group, LLC, Accor, HEI Hotels & Resorts, JRK Hotel Group, Inc., Viceroy Hotel Group, Highgate Hotels, Access Hotels & Resorts, and Provenance Hotels.

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/20171215005032/en/

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

Source: LaSalle Hotel Properties

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