LaSalle Hotel Properties Reports Q2 2013 Net Income of $35.2 M Compared to $24.8 M Same Prior Period

LaSalle Hotel Properties | July 17, 2013

Reports second quarter RevPAR growth of 6.7% (excluding Park Central) and third quarter dividend increase of 40% to $0.28 BETHESDA, Md.--Jul. 17, 2013-- LaSalle Hotel Properties (NYSE: LHO) today announced results for the quarter ended June 30, 2013. The Company's results include the following: (1) See tables later in press release, which list adjustments that reconcile net income to earnings before interest, taxes, depreciation and amortization ("EBITDA"), adjusted EBITDA, funds from operations ("FFO"), FFO per share/unit, adjusted FFO, adjusted FFO per share/unit and hotel EBITDA. EBITDA, adjusted EBITDA, FFO, FFO per share/unit, adj...