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LaSalle Hotel Properties Declares Dividend for the Second Quarter 2018

LaSalle Hotel Properties (NYSE: LHO) today declared a quarterly dividend
of $0.225 per common share of beneficial interest for the quarter ending
June 30, 2018. The second quarter dividend will be paid on July 16, 2018
to common shareholders of record as of June 29, 2018.

The Company also declared a quarterly dividend of $0.3984375 per share
of the Company’s 6.375% Series I Cumulative Redeemable Preferred Shares
of beneficial interest and a quarterly dividend of $0.39375 per share of
the Company’s 6.3% Series J Cumulative Redeemable Preferred Shares of
beneficial interest, each of which will be paid on July 16, 2018 to
shareholders of record as of June 29, 2018.

About LaSalle Hotel Properties

LaSalle Hotel Properties is a leading multi-operator real estate
investment trust. The Company owns 41 properties, which are upscale,
full-service hotels, totaling approximately 10,400 guest rooms in 11
markets in seven states and the District of Columbia. The Company
focuses on owning, redeveloping and repositioning upscale, full-service
hotels located in urban, resort and convention markets. LaSalle Hotel
Properties seeks to grow through strategic relationships with premier
lodging groups, including Access Hotels & Resorts, Accor, Benchmark
Hospitality, Davidson Hotel Company, Evolution Hospitality, HEI Hotels &
Resorts, Highgate Hotels, Hilton, Hyatt Hotels Corporation, IHG, JRK
Hotel Group, Inc., Marriott International, Noble House Hotels & Resorts,
Outrigger Lodging Services, Provenance Hotels, Two Roads Hospitality,
and Viceroy Hotel Group.

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

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