Michael D. BarnelloLaSalle Hotel Properties (NYSE: LHO) recently announced that Michael D. Barnello was named Chief Executive Officer and Lead Director Stuart L. Scott was named acting Chairman of the Board effective immediately. These actions were taken after Mr. Jon E. Bortz informed the Board of his decision to retire from the Company effective as of September 13, 2009, accelerating the previously announced succession plan. Additionally, Mr. Bortz resigned his position as Trustee and Chairman of the Board. Mr. Bortz’ decision to step down early was made to allow him to pursue other career opportunities. Michael has been with the Company since it went public in 1998 and has had a key role in both the development and execution of its strategies. The continuity of his leadership and commitment to excellence positions LaSalle Hotel Properties to continue to be a leader in the hotel industry.”