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LaSalle Hotel Properties (LHO)At 12:05PM ET: 19.16  Up 0.53 (2.84%)  
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LaSalle Hotel Properties
3 Bethesda Metro Center
Suite 1200
Bethesda, MD 20814
United States - Map
Phone: 301-941-1500
Fax: 301-941-1553
Web Site: http://www.lasallehotels.com

DETAILS 
Index Membership:S&P 600 SmallCap
S&P 1500 Super Comp
Sector:Financial
Industry:REIT - Hotel/Motel
Full Time Employees:30

BUSINESS SUMMARY 
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.
Key Statistics

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    CORPORATE GOVERNANCE 
    LaSalle Hotel Properties's Corporate Governance Quotient (CGQ®) as of 6-Nov-09 is better than 65.3% of S&P 600 companies and 74.6% of Real Estate companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Michael D. Barnello , 43
    Chief Exec. Officer and Pres
    $ 795.00K $ 0
    Mr. Hans S. Weger , 45
    Chief Financial Officer, Exec. VP, Sec. and Treasurer
    $ 650.00K $ 0
    Mr. Alfred L. Young ,
    Chief Operating Officer and Exec. VP
    N/A N/A
    Mr. Julio E. Morales , 48
    Chief Accounting Officer
    N/A N/A
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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