The Wall Street Journal published the following article about LaSalle Hotel 4Q Loss:

“LaSalle Hotel Properties (LHO) posted a wider fourth-quarter loss as the upscale hotel real estate investment trust posted lower revenue. But occupancy grew.

Shares fell 1% to $19.75 in after-hours trading as the company projected per-room revenue to fall another 4% to 6% this year.

LaSalle, which owns 31 hotels in 11 states and the District of Columbia, reported lower room rates and revenue per available room throughout 2009.LaSalle reported a loss of $4.9 million, compared with a year-earlier loss of $2 million.”

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