Press Release: LaSalle Hotel Properties
August 17, 2000
BETHESDA, MD -- LaSalle Hotel Properties (NYSE: LHO) yesterday announced the sale of the Plaza Park Holiday Inn
located in Visalia, California. The proceeds from the sale will be used to reduce LaSalle Hotel Properties' outstanding
borrowings under its existing $235.0 million line of credit facility.
Additional information regarding this transaction is available in the Company's quarterly report on Form 10-Q for
the quarter ended June 30, 2000 as filed with the Securities and Exchange Commission, August 2, 2000.
SOURCE: LaSalle Hotel Properties