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in Washington, DC for $44.6 million; $21 million Renovation and Repositioning Planned |
The full-service hotel features 28 king corner suites, rooftop pool, restaurant and bar, fitness center and below grade parking. The hotel is located five blocks from the White House and in close proximity to the Washington Convention Center, MCI Center, Smithsonian Museums, Union Station and Reagan National Airport. LaSalle Hotel Properties is a leading multi-tenant, multi-operator real estate investment trust, owning interests in 26 upscale and luxury full-service hotels, totaling approximately 8,300 guest rooms in 15 markets in 11 states and the District of Columbia. This press release, together with other statements and information publicly disseminated by the Company, contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. |
Contact:
LaSalle Hotel Properties
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Also See: | The 343-room Holiday Inn on the Hill Hotel, Washington DC, Acquired by LaSalle Hotel Properties / June 2001 |