7/19/2013

LaSalle Hotel Properties reported improved performance at its hotels in the second quarter, helping to increase the company's net income to $35.2 million, from $24.8 million during the same period last year. The hotel firm posted revenue of $263.6 million, compared with $242.1 million a year ago. Revenue per available room rose 6.7% amid a 1.8% increase in average daily rate and a 4.9% rise in occupancy.

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