>LASALLE HOTEL PROPERTIES REPORTS FIRST QUARTER RESULTS

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>BETHESDA, MD, April 22, 2009 – LaSalle Hotel Properties (NYSE: LHO) today reported a net loss to common shareholders of $18.9 million, or ($0.46) per diluted share for the quarter ended March 31, 2009, compared to a net loss of $14.8 million, or ($0.37) per diluted share for the first quarter of 2008.
For the quarter ended March 31, 2009, the Company generated funds from operations (“FFO”) of $8.6 million versus $9.8 million for the first quarter of 2008. On a per diluted share basis, FFO for the quarter was $0.21, compared to $0.24 for the same period of 2008.

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