LaSalle Hotel Properties Declares Monthly Dividends for the Fourth Quarter 2007
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LaSalle Hotel Properties Declares Monthly Dividends for the Fourth Quarter 2007
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Category: Worldwide -
This is a press release selected by our editorial committee and published online for free on 2007-10-15
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 October, November and December 2007.
The October dividend will be paid on November 15, 2007 to common shareholders of record on October 31, 2007; the November dividend will be paid on December 14, 2007 to common shareholders of record on November 30, 2007; and the December dividend will be paid on January 15, 2008 to common shareholders of record on December 31, 2007.
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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