LaSalle Hotel Properties (NYSE:LHO) today announced its monthly dividends of $0.17 per share of its common shares of beneficial interest for each of the months of January, February and March 2008.
The January dividend will be paid on February 15, 2008 to common shareholders of record on January 31, 2008; the February dividend will be paid on March 14, 2008 to common shareholders of record on February 29, 2008; and the March dividend will be paid on April 15, 2008 to common shareholders of record on March 31, 2008.
LaSalle Hotel Properties is a leading multi-operator real estate investment trust, owning 31 upscale and luxury full-service hotels, totaling approximately 8,500 guest rooms in 14 markets in 11 states and the District of Columbia. The Company focuses on owning, redeveloping and repositioning upscale and luxury full-service hotels located in urban, resort and convention markets. LaSalle Hotel Properties seeks to grow through strategic relationships with premier lodging companies, including Westin Hotels and Resorts, Sheraton Hotels & Resorts Worldwide, Inc., Hilton Hotels Corporation, Crestline Hotels and Resorts, Inc., Outrigger Lodging Services, Noble House Hotels & Resorts, Hyatt Hotels Corporation, Benchmark Hospitality, White Lodging Services Corporation, Gemstone Hotels & Resorts, LLC, Thompson Hotels, Sandcastle Resorts & Hotels, Davidson Hotel Company, Denihan Hospitality Group and the Kimpton Hotel & Restaurant Group, LLC.
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