LaSalle Hotel Properties
3 Bethesda Metro Center
Suite 1200
Bethesda,
MD 20814
Phone: 301-941-1500
Fax: 301-941-1553
Web Site: http://www.lasallehotels.com
| 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. |
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| Key Statistics |
|
|
|
| |
Pay |
Exercised |
Mr. Michael D. Barnello , 44
Chief Exec. Officer and Pres
|
$
795.00K |
$
0 |
Mr. Hans S. Weger , 46
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 , 49
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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