Lasalle Hotel Properties Q2 2010 Earnings Call Transcript

Lasalle Hotel Properties (LHO)

Q2 2010 Earnings Call Transcript

July 22, 2010 9:00 am ET

Executives

Michael Barnello – President and CEO

Hans Weger – CFO

Analysts

Shaun Kelley – Bank of America

Jeffrey Donnelly – Wells Fargo

Josh Attie – Citi

Bill Crow – Raymond James

Michael Salinsky – RBC Capital Markets

Dan Donlan – Janney Capital Markets

Damian Brewer [ph] – JPMorgan

Chris Woronka – Deutsche Bank

Presentation

Operator

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Good day and welcome to the LaSalle Hotel Properties second quarter 2010 conference call. This call is being recorded. At this time, I would like to turn the call over to Mr. Michael Barnello, Chairman and Chief Executive Officer. Please go ahead, sir.

Michael Barnello

Thank you, Katie. Good morning, everyone, and welcome to the second quarter earnings call and webcast for LaSalle Hotel Properties. Here with me today is Hans Weger, our Chief Financial Officer.

In addition to providing the financial results of our second quarter, Hans and I will discuss the company's activities in the quarter, the performance of our assets and the trend affecting them. We will also discuss our outlook for the remainder of 2010 for the industry and for our company. We will then open the call to questions and answers. Hans?

Hans Weger

Thanks Mike. Good morning. Before we begin, I would first like to make the following remarks. Any statements that we make today about future results and performance or plans and objectives are forward-looking statements, as results may differ as a result of factors, risks and uncertainties over which the company may have no control.

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