LaSalle Hotel Properties (LHO) 29.44 red arrow -$0.38 (-1.27%) 02:31PM (15 mins delay)


LHO
$29.44    -$0.38  (-1.27%)

Last: $29.44 High: $30.03
Prev Close: $29.82 Low: $29.39
Open: $29.98 Mkt Cap: $3.38B
Change: -$0.38 ( -1.27% ) 52Wk High: $31.41
Vol: 394,151 52Wk Low: $22.72
Avg Volume: 23.95M Shares: 113M
EPS: 2.07 PE Ratio: 10.93

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Company Description

LaSalle Hotel Properties is a self-managed and self-administered real estate investment trust (REIT). The Company owns interests in hotels located in 11 states and the District of Columbia. Substantially all of the Company's assets are held by, and all of its operations are conducted through, the LaSalle Hotel Operating Partnership, L.P. (Operating Partnership). The Company is the sole general partner of the Operating Partnership. On March 18, 2008, the Company, through Modern Magic Hotel LLC, a joint venture in which the Company holds a 95% interest, acquired the air rights of floors two through 13 and a portion of the first floor of the existing 52-story IBM Building.

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