Lasalle Hotel Properties (LHO) Reports In-Line Q2 FFO
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LaSalle Hotel Properties Reports Second Quarter 2016 Results
July 20, 2016 4:15 PM EDTCompletes Two Asset Sales in July 2016, Resulting in $245 Million Gross Proceeds
BETHESDA, Md.--(BUSINESS WIRE)-- LaSalle Hotel Properties (NYSE: LHO) today announced results for the quarter ended June 30, 2016. The Companys results include the following:
  Second Quarter  Year-to-Date 2016  2015  % Var. 2016  2015  % Var. ($'s in millions except per share/unit data)  Net income attributable to common shareholders $ 55.2 $ 55.8 -1.1 % $ 61.2 $ 55.5 10.3 % Net income attributable to common shareholders per diluted share $ 0.49 $ 0.49 0.0 % $ 0.54 $ 0.49 10.2 %  RevPAR $ 223.13 $ 219.31 1.7 % $ 195.56 $ 192.11 1.8 % Hotel EBITDA Margin(1) 38.6 % 38.3 % 33.4 % 33.0 % Hotel EBITDA Margin Growth(1) 31 bps... More