LaSalle Hotel Properties Declares Dividend for the First Quarter 2013

  LaSalle Hotel Properties Declares Dividend for the First Quarter 2013

Business Wire

BETHESDA, Md. -- March 15, 2013

LaSalle Hotel Properties (NYSE: LHO) today declared a quarterly dividend of
$0.20 per common share of beneficial interest for the quarter ending March 31,
2013. The first quarter dividend will be paid on April 15, 2013 to common
shareholders of record on March 28, 2013.

LaSalle Hotel Properties is a leading multi-operator real estate investment
trust. The Company owns 40 hotels and a mezzanine loan secured by two hotels
in Santa Monica, CA. The properties are upscale full-service hotels, totaling
over 10,600 guest rooms in 13 markets in nine states and the District of
Columbia. The Company focuses on owning, redeveloping and repositioning
upscale and luxury, full-service hotels located in convention, resort and
major urban business markets. LaSalle Hotel Properties seeks to grow through
strategic relationships with premier lodging companies, including Westin
Hotels and Resorts, Hilton Hotels Corporation, Outrigger Lodging Services,
Noble House Hotels & Resorts, Hyatt Hotels Corporation, Benchmark Hospitality,
White Lodging Services Corporation, Thompson Hotels, Davidson Hotel Company,
Denihan Hospitality Group, the Kimpton Hotel & Restaurant Group, LLC, Accor,
Destination Hotels & Resorts, HEI Hotels & Resorts, JRK Hotel Group, Inc.,
Viceroy Hotel Group, Highgate Hotels and Access Hotels & Resorts.

  For additional information or to receive press releases via e-mail, please
                 visit our website at www.lasallehotels.com.

Contact:

LaSalle Hotel Properties
Bruce A. Riggins or Kenneth G. Fuller, 301-941-1500