Cowen Downgrades LaSalle Hotel Properties (LHO) to Market Perform

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LaSalle Hotel Properties Reports Second Quarter 2015 Results

July 22, 2015 4:07 PM EDT

Expands Hotel EBITDA Margin by 248 Basis Points to 38.5%; Highest Ever Margin

Provides a Mezzanine Loan Secured by Shutters on the Beach and Casa Del Mar

BETHESDA, Md.--(BUSINESS WIRE)-- LaSalle Hotel Properties (NYSE: LHO) today announced results for the quarter ended June 30, 2015. The Companys results include the following:

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Westin Copley Place Exterior (Photo: Business Wire)

    Second Quarter Year-to-Date 2015   2014   % Var. 2015   2014   % Var. ($'s in millions except per share/unit data)   RevPAR $ 219.76 $ 211.14 4.1%... More