Strategy

LaSalle Hotel Properties is focused on earning attractive returns through the ownership of upscale full-service hotels located in urban, resort and convention markets.  Our hotel acquisition and investment strategies have been developed through our proprietary research and the experience of our hotel-focused investment professionals.  The Company’s acquisition investment strategy focuses on hotels and resorts located in markets where the barriers to new supply are the greatest and the demand for rooms is strong and predictable. 

  • Focused on long-term shareholder value.
  • Diversified high-quality portfolio consisting of upscale full-service hotels located in urban, resort and convention markets.  
  • LaSalle Hotel Properties seeks to lower risk through:
    • - Geographic diversification of hotels;
    • - Market type diversification (resort, urban and convention);
    • - Multiple hotel operators with both branded and independent hotels;
    • - Conservative balance sheet management;
    • - Consistent strategies and research-based investments; and
    • - Continuously investing in existing assets.
  • The Company seeks to achieve revenue growth principally through:
    • - Renovations and/or expansions at selected hotels;
    • - Acquisitions of full-service hotels located in convention, resort and major urban markets in the United States, especially upscale hotels in such markets where the Company perceives strong demand growth or significant barriers to entry; and
    • - Selective redevelopment of hotel properties, particularly upscale full-service hotels in high demand markets where development economics are favorable.
  • When consistent with our investment strategies, the Company intends to acquire hotels in targeted markets and which may:
    • - Possess unique competitive advantages in the form of location, physical facilities or other attributes;
    • - Are available at significant discount to replacement cost;
    • - Benefit from brand or franchise conversion, new management, renovations or redevelopment or other active and aggressive asset management strategies; and
    • - Have expansion opportunities.
  • Balance sheet strategy:
    • - Maintain low leverage (debt to EBITDA);
    • - Utilize variable and fixed rate debt to hedge the economic cycle;
    • - Utilize unsecured debt to provide strategic flexibility; and
    • - Stagger debt maturities to lower risk.

 

Special Note: Statements in this web site relating to the Company's future plans, strategies, and expectations, including, without limitation, the Company's ownership, development and acquisition of upscale and luxury full-service hotels, are forward-looking statements. You should not rely on forward-looking statements since they involve known and unknown risks, uncertainties and other factors that are, in some cases, beyond the Company's control and which could materially affect actual results, performances or achievements. Factors that may cause actual results to differ materially from current expectations include, but are not limited to, (i) risks associated with the hotel industry, including competition, increases in wages, energy costs and other operating costs, potential unionization, actual or threatened terrorist attacks, any type of flu or disease-related pandemic and downturns in general and local economic conditions; (ii) the availability and terms of financing and capital and the general volatility of securities markets; (iii) the Company’s dependence on third-party managers of its hotels, including its inability to implement strategic business decisions directly, (iv) risks associated with the hotel industry, including environmental contamination and costs of complying with the Americans with Disabilities Act and similar laws, (v) interest rate increases, (vi) the possible failure of the Company to qualify as a REIT and the risk of changes in laws affecting REITs, (vii) the possibility of uninsured losses, (viii) risks associated with redevelopment and repositioning projects, including delays and cost overruns, (ix) the risk of a material failure, inadequacy, interruption or security failure of the Company’s or the hotel managers’ information technology networks and systems and (x) the risk factors discussed in the Company’s Annual Report on Form 10-K filed with the Securities and Exchange Commission, as updated in its Quarterly Reports on Form 10-Q. 





Featured Property

Take a glance into our most recent acquisition, the Marker Waterfront Resort in Key West, FL. Read More