Lasalle Hotel Properties ( LHO)

Q3 2010 Earnings Call Transcript

October 21, 2010 9:00 am ET

Executives

Michael Barnello – President and CEO

Hans Weger – CFO

Analysts

Ryan Meliker – Morgan Stanley

David Loeb – Baird

Jeffrey Donnelly – Wells Fargo

Michael Salinsky – RBC Capital Markets

Dan Donlan – Janney Capital Markets

Shaun Kelley – Bank of America/Merrill Lynch

Tim Wengerd – Deutsche Bank

Josh Attie – Citi

Presentation

Operator

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

Mi chael Barnello

Thank you, Denise. Good morning, everyone, and welcome to the third 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 third quarter, Hans and I will discuss the company's activities in the quarter, the performance of our assets, and the trends affecting them. We will also discuss our outlook for the remainder of 2010 for the industry and for our company. We will then open up the call to Q&A. 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. Actual results may differ as a result of factors, risks and uncertainties over which the company may have no control.

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