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LaSalle Hotel Properties (LHO.N)

LHO.N on New York Stock Exchange

34.80USD
17 Jul 2018
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Latest Key Developments (Source: Significant Developments)

Pebblebrook Hotel Trust Files Proxy Statement In Order To Urge Lasalle Hotel Properties Shareholders To Vote "Against" Proposed BRE Merger
Tuesday, 10 Jul 2018 

July 10 (Reuters) - LaSalle Hotel Properties ::PEBBLEBROOK HOTEL TRUST FILES PROXY STATEMENT IN ORDER TO URGE LASALLE HOTEL PROPERTIES SHAREHOLDERS TO VOTE “AGAINST” PROPOSED BRE MERGER - SEC FILING.PEBBLEBROOK HOTEL TRUST SAYS ALSO URGE LASALLE HOTEL PROPERTIES SHAREHOLDERS TO VOTE “AGAINST” PROPOSAL TO APPROVE ANY ADJOURNMENT OF SPECIAL MEETING.  Full Article

Pebblebrook Says Co's Offer "Substantially Superior" To Lasalle's Deal With Blackstone
Monday, 21 May 2018 

May 21 (Reuters) - Pebblebrook Hotel Trust : :PEBBLEBROOK HOTEL TRUST ISSUES STATEMENT IN RESPONSE TO LASALLE HOTEL PROPERTIES’ ANNOUNCEMENT OF MERGER AGREEMENT WITH BLACKSTONE.PEBBLEBROOK HOTEL TRUST - CO'S OFFER IS "SUBSTANTIALLY SUPERIOR" TO DEAL THAT LASALLE HAS REACHED WITH BLACKSTONE.  Full Article

Lasalle Hotel Properties Reports Q1 Adjusted FFO Per Share Of $0.33
Thursday, 10 May 2018 

May 10 (Reuters) - LaSalle Hotel Properties ::REPORTS FIRST QUARTER 2018 RESULTS.Q1 ADJUSTED FFO PER SHARE $0.33.INCREASES FULL YEAR 2018 OUTLOOK.SEES FY 2018 ADJUSTED FFO PER DILUTED SHARE IN RANGE OF $2.16 TO $2.19.SEES FY 2018 REVPAR CHANGE IN RANGE OF NEGATIVE 0.5 % TO NEGATIVE 1%.  Full Article

Lasalle Hotel Properties Issues Statement In Response To Pebblebrook Hotel Trust's Revised Unsolicited Proposal
Tuesday, 24 Apr 2018 

April 24 (Reuters) - LaSalle Hotel Properties ::LASALLE HOTEL PROPERTIES ISSUES STATEMENT IN RESPONSE TO PEBBLEBROOK HOTEL TRUST'S REVISED UNSOLICITED PROPOSAL.LASALLE HOTEL PROPERTIES - CONFIRMED THAT ON APRIL 20 RECEIVED FROM PEBBLEBROOK HOTEL TRUST FURTHER REVISED UNSOLICITED PROPOSAL TO ACQUIRE CO.  Full Article

Pebblebrook Letter To Lasalle Hotel Revises Merger Proposal
Monday, 16 Apr 2018 

April 16 (Reuters) - Pebblebrook Hotel Trust ::PEBBLEBROOK HOTEL TRUST RELEASES LETTER TO BOARD OF LASALLE HOTEL PROPERTIES, REVISES MERGER PROPOSAL AND SUBSTANTIALLY RAISES OFFER PRICE.PEBBLEBROOK HOTEL TRUST - REVISED PROPOSAL FOR 100% OF LASALLE'S OUTSTANDING COMMON SHARES IMPLIES A MERGER PRICE OF $31.75 PER LASALLE COMMON SHARE.PEBBLEBROOK HOTEL TRUST - IMPLIED PRICE OF $31.75 PER SHARE BASED ON INCREASED FIXED EXCHANGE RATIO OF 0.8944 PEBBLEBROOK SHARE FOR EACH LASALLE SHARE.PEBBLEBROOK HOTEL TRUST - "DISAPPOINTED" THAT LASALLE HAS NOT RESPONDED TO REVISED PROPOSAL.PEBBLEBROOK HOTEL TRUST - REVISED PROPOSAL ALSO PROVIDES LASALLE'S SHAREHOLDERS WITH OPTION TO ELECT TO GET CASH UP TO MAXIMUM OF 15%.  Full Article

LaSalle Hotel Properties Rejects Unsolicited Proposal From Pebblebrook Hotel Trust
Wednesday, 28 Mar 2018 

March 28 (Reuters) - LaSalle Hotel Properties ::LASALLE HOTEL PROPERTIES BOARD OF TRUSTEES CONFIRMS UNANIMOUS REJECTION OF UNSOLICITED PROPOSAL FROM PEBBLEBROOK HOTEL TRUST.LASALLE HOTEL PROPERTIES SAYS PROPOSAL FROM PEBBLEBROOK HOTEL TRUST "SIGNIFICANTLY UNDERVALUES LASALLE AND IS NOT IN THE BEST INTERESTS OF SHAREHOLDERS".LASALLE HOTEL PROPERTIES - EXPECTS TO PAY QTRLY DIVIDEND OF $0.225/COMMON SHARE FOR EACH OF QTRS ENDING JUNE 30, SEPTEMBER 30 AND DECEMBER 31, 2018.  Full Article

Lasalle Hotel Properties Q3 adjusted FFO per share $0.68
Friday, 20 Oct 2017 

Oct 19 (Reuters) - Lasalle Hotel Properties ::Lasalle Hotel Properties reports third quarter 2017 results.Q3 adjusted FFO per share $0.68.Lasalle Hotel Properties - qtrly FFO per share ‍$0.66​.Lasalle Hotel Properties qtrly ‍revpar decreased 3.6% to $219.38, driven by 3.6 pct decline in average daily rate to $243.31 & flat occupancy at 90.2 pct​.Q3 FFO per share view $0.73 -- Thomson Reuters I/B/E/S.Lasalle Hotel Properties - ‍expects marker waterfront resort will resume full operations by end of october 2017​.Lasalle Hotel Properties - ‍southernmost beach resort key west expected to fully re-open its remaining rooms in phases throughout q4​.  Full Article

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LaSalle Hotel backs Blackstone bid, says Pebblebrook offer not superior

U.S. hotel owner LaSalle Hotel Properties on Monday sided with Blackstone Group LP's  $3.7 billion all-cash offer to buy the company, as it looks to thwart Pebblebrook Hotel Trust's  takeover bid.