LaSalle Hotel Properties, Inc. [Acquired] | REIT Profile

Symbol: LHO new symbol: PEB
CIK: 1053532
Exchange: NYSE
Founded: 1998
HQ: Bethesda, MD, United States
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Mid-Cap
REIT Sector: Resorts, Hotel

LaSalle Hotel Properties is a leading multi-operator real estate investment trust. The Company owns 41 properties, which are upscale, full-service hotels, totaling approximately 10,400 guest rooms in 11 markets in seven states and the District of Columbia. The Company focuses on owning, redeveloping and repositioning upscale, full-service hotels located in urban, resort and convention markets. LaSalle Hotel Properties seeks to grow through strategic relationships with premier lodging groups, including Hilton Hotels Corporation, Marriott International, Outrigger Lodging Services, Noble House Hotels & Resorts, Hyatt Hotels Corporation, Benchmark Hospitality, Two Roads Hospitality, Davidson Hotel Company, Kimpton Hotel & Restaurant Group, LLC, Accor, HEI Hotels & Resorts, JRK Hotel Group, Inc., Viceroy Hotel Group, Highgate Hotels, Access Hotels & Resorts, and Provenance Hotels. The Company is a self-managed and self-administered REIT. LaSalle Hotel Properties is a group of professional hotel investors, asset managers and financial experts, not operators. The Company hand picks each addition to the portfolio to ensure consistency with stringent investment criteria and objectives. Our portfolio is in the forefront of design, quality and service enhancements providing each guest with an experience rather than just a place to sleep and meet. *********************** On 11/30/2018, Pebblebrook Hotel Trust Completes Acquisition of LaSalle Hotel Properties Company Release ***************************