EXHIBIT 99.1
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LaSalle Hotel Properties
3 Bethesda Metro Center, Suite 1200
Bethesda, MD 20814
Ph.  (301) 941-1500
Fax (301) 941-1553
www.lasallehotels.com

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         LASALLE HOTEL PROPERTIES ANNOUNCES THE REDEMPTION OF
      ITS 10-1/4% SERIES A CUMULATIVE REDEEMABLE PREFERRED SHARES


BETHESDA, Md., Jan. 17, 2007 (BUSINESS WIRE) -- LaSalle Hotel Properties
(NYSE: LHO) today provided notice to the holders of its 10-1/4% Series A
Cumulative Redeemable Preferred Shares (the "Series A Preferred Shares") of
the redemption of those shares.  The cash redemption price for the Series A
Preferred Shares is $25.00 per share, plus accrued and unpaid dividends
through the redemption date.

The redemption date will be March 6, 2007. After the redemption date,
dividends on the Series A Preferred Shares will cease to accrue. Payment of
the redemption price will be made only upon presentation and surrender of
certificates representing the Series A Preferred Shares to LaSalle Bank,
NA, the Company's transfer agent, during its normal business hours at the
address specified in the Notice of Redemption.

The Notice of Redemption and related materials were mailed today to holders
of record of the Series A Preferred Shares. Questions relating to the
Notice of Redemption and related materials should be directed to LaSalle
Bank, NA, at (866) 241-9993.

LaSalle Hotel Properties is a leading multi-operator real estate investment
trust, owning 32 upscale and luxury full-service hotels, totaling
approximately 9,000 guest rooms in 15 markets in 11 states and the District
of Columbia. The Company focuses on owning, redeveloping and repositioning
upscale and luxury full-service hotels located in urban, resort and
convention markets. LaSalle Hotel Properties seeks to grow through
strategic relationships with premier lodging companies, including Westin
Hotels and Resorts, Sheraton Hotels & Resorts Worldwide, Inc., Hilton
Hotels Corporation, Crestline Hotels and Resorts, Inc., Outrigger Lodging
Services, Noble House Hotels & Resorts, Hyatt Hotels Corporation, Benchmark
Hospitality, White Lodging Services Corporation, Gemstone Resorts
International, LLC, Thompson Hotels, Sandcastle Resorts & Hotels, Davidson
Hotel Company, and the Kimpton Hotel & Restaurant Group, LLC.




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. The Company intends such forward-looking statements to be covered
by the safe harbor provisions for forward-looking statements contained in
the Private Securities Litigation Reform Act of 1995 and includes this
statement for purposes of complying with these safe harbor provisions.
Forward-looking statements, which are based on certain assumptions and
describe the Company's future plans, strategies and expectations, are
generally identifiable by use of the words "believe," "expect," "intend,"
"anticipate," "estimate," "project" or similar expressions. Forward-looking



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statements in this press release include statements about the redemption of
the Series A Preferred Shares. You should not rely on forward-looking
statements since they involve known and unknown risks, uncertainties and
other factors that are, in some cases, beyond the Company's control and
which could materially affect actual results, performances or achievements.
Factors that may cause actual results to differ materially from current
expectations include, but are not limited to, (i) risks associated with the
hotel industry, including competition, increases in wages, energy costs and
other operating costs, actual or threatened terrorist attacks, downturns in
general and local economic conditions and cancellation of or delays in the
completion of anticipated demand generators, (ii) the availability and
terms of financing and capital and the general volatility of securities
markets, (iii) risks associated with the real estate industry, including
environmental contamination and costs of complying with the Americans with
Disabilities Act and similar laws, (iv) interest rate increases, (v) the
possible failure of the Company to qualify as a REIT and the risk of
changes in laws affecting REITs, (vi) the possibility of uninsured losses,
and (vii) the risk factors discussed in the Company's Annual Report on
Form 10-K as updated in its Quarterly Reports. Accordingly, there is no
assurance that the Company's expectations will be realized. Except as
otherwise required by the federal securities laws, the Company disclaims
any obligation or undertaking to publicly release any updates or revisions
to any forward-looking statement contained herein (or elsewhere) to reflect
any change in the Company's expectations with regard thereto or any change
in events, conditions or circumstances on which any such statement is
based.



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Additional Contacts:
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     Hans Weger, Chief Financial Officer, LaSalle Hotel Properties -
301/941-1500


  For additional information or to receive press releases via e-mail,
           please visit our website at www.lasallehotels.com





























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