Lasalle Hotel Properties (LHO) Raises Quarterly Dividend 20% to $0.45; 4.7% Yield

LaSalle Hotel Properties Increases Quarterly Dividend 20 Percent to $0.45

April 22, 2015 4:07 PM EDT

BETHESDA, Md.--(BUSINESS WIRE)-- LaSalle Hotel Properties (NYSE: LHO) today announced that it increased its dividend to $0.45 per common share of beneficial interest for the quarter ending June 30, 2015. The second quarter dividend will be paid on July 15, 2015 to common shareholders of record on June 30, 2015.

We are very excited to announce that we have increased the common dividend by... More

LaSalle Hotel Properties Reports First Quarter 2015 Results

April 22, 2015 4:06 PM EDT

Reports Adjusted EBITDA growth of 27.4% and Adjusted FFO per share growth of 25.0%

Expands Hotel EBITDA Margin by 245 basis points

BETHESDA, Md.--(BUSINESS WIRE)-- LaSalle Hotel Properties (NYSE: LHO) today announced results for the quarter ended March 31, 2015. The Companys results include the following:

The Marker Pool Deck (Photo: Business Wire)

  First Quarter 2015   2014   % Var. ($'s in millions except per share/unit data)   RevPAR $ 159.96 $ 151.70 5.4 % EBITDA Margin 25.2 % 22.7 % EBITDA Margin Growth 245 bps   Total Revenue $ 250.8 $ 218.9 14.6... More