UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): December 29, 2011

LASALLE HOTEL PROPERTIES

(Exact name of registrant specified in its charter)

3 Bethesda Metro Center

Suite 1200

Bethesda, Maryland 20814

(Address of principal executive offices, zip code)

Registrant’s telephone number, including area code: (301) 941-1500

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

LaSalle Hotel Properties (the “Company”) issued a press release announcing the acquisition of The Park Central Hotel in New York City. A copy of such press release is furnished as Exhibit 99.1 to this report.

On December 29, 2011, the Company, through the Company’s operating partnership, LaSalle Hotel Operating Partnership, L.P. (the “Partnership”), acquired The Park Central Hotel for $396.2 million pursuant to a Purchase and Sale Agreement. The 934-room, urban, full service hotel is located on Seventh Avenue, between West 55^th and West 56^th Streets, in midtown Manhattan. The transaction was funded with cash on hand, borrowings from the Company’s senior unsecured credit facility and the issuance of 296,300 operating partnership units in the Partnership valued at $27.00 per share. The Company received a $9.3 million reduction from the original purchase price in accordance with the terms of the purchase and sale agreement. The purchase price reduction is equal to the hotel’s income after debt service from September 2, 2011 through closing and is reflected in the $396.2 million purchase price. Highgate Holdings will continue to serve as The Park Central Hotel’s manager.

The information contained in the press release attached as Exhibit 99.1 to this report shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section. Furthermore, the information contained in the press release attached as Exhibit 99.1 to this report shall not be deemed to be incorporated by reference in the filings of the registrant under the Securities Act of 1933, as amended.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

Dated: January 4, 2012

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