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Lasalle Hotel Properties (LHO) Stock Quotes & Symbols
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Lasalle Hotel Properties (LHO) Stock Quote Price Graph
Lasalle Hotel Properties (LHO) Stock Quote Information
LaSalle Hotel Properties, a real estate investment trust (REIT), engages in the purchase, ownership, redevelopment, and leasing of primarily upscale and luxury full-service hotels in convention, resort, and urban business markets in the United States. As of December 31, 2008, it owned interests in 31 hotels with approximately 8,500 rooms/suites in 11 states and the District of Columbia. The company qualifies as a REIT under the Internal Revenue Code of 1986. As a REIT, it would not be subject to federal corporate income tax to the extent that it distributes at least 90% of its taxable income to its shareholders. The company was founded in 1998 and is based in Bethesda, Maryland.
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