BETHESDA, MD, February 18, 2016 — LaSalle Hotel Properties (NYSE: LHO) today announced results for the quarter and year ended December 31, 2015. The Company’s results include the following:
“The Company achieved all-time record performance in ADR, RevPAR, and hotel EBITDA margin, and further enhanced an already strong balance sheet during 2015,” said Michael D. Barnello, President and Chief Executive Officer of LaSalle Hotel Properties. “We are proud of each of these accomplishments; and with hotel EBITDA growing at a rate three times the magnitude of RevPAR in 2015, we were able to again demonstrate the efficiency of our operating model and drive another year of strong cash flow growth for the Company.”
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