HG Vora in Talks with Lasalle Hotel Prop

Purpose of Transaction.
The Reporting Person acquired the Common Stock for investment purposes in the ordinary course of business and presently holds approximately 7.1% of the Issuer’s Common Stock.
The Reporting Person has engaged, and may continue to engage, in communications with the management of the Issuer, and intends to engage in communications with the Issuer’s board of directors concerning strategic alternatives, including a potential sale of the Issuer.
Except for the foregoing, the Reporting Person does not have, as of the date of this filing, any plans or proposals that relate to or would result in any of the actions or events specified in clauses (a) through (j) of Item 4 of Schedule 13D