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LaSalle Hotel Properties (LHO.N)

LHO.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

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

Lasalle Hotel Properties qtrly FFO per share $0.92
Thursday, 21 Jul 2016 

Lasalle Hotel Properties : Lasalle Hotel Properties reports second quarter 2016 results . Q2 adjusted FFO per share $0.95 . Lasalle Hotel Properties qtrly FFO per share $0.92 . Lasalle hotel properties qtrly total revenue $351.1 million versus $341.4 million .Lasalle Hotel Properties says lowering its 2016 anticipated capital expenditures to a range of $110.0 million to $130.0 million.  Full Article

Lasalle Hotel Properties to sell Indianapolis Marriott Downtown for $165 mln
Thursday, 2 Jun 2016 

LaSalle Hotel Properties : Lasalle Hotel Properties says deal valued at $165 million .Lasalle Hotel Properties announces contract to sell Indianapolis Marriott Downtown.  Full Article

Pebblebrook boosts offer for U.S. hotels owner LaSalle

(In April 16 story, corrects Pebblebrook's existing ownership of LaSalle)