Royal Host Real Estate Investment Trust
TSX : RYL.DB.A
TSX : RYL.UN
TSX : RYL.DB
TSX : RYL.DB.B
TSX : RYL.DB.C

Royal Host Real Estate Investment Trust

January 15, 2007 12:25 ET

Royal Host REIT Announces January 2007 Distribution of $0.05 to Unitholders

CALGARY, ALBERTA--(CCNMatthews - Jan. 15, 2007) - Royal Host Real Estate Investment Trust (TSX:RYL.UN) (TSX:RYL.DB) (TSX:RYL.DB.A) (TSX:RYL.DB.B) (TSX:RYL.DB.C) ("Royal Host") has declared its January 2007 distribution of $0.05 per unit, payable February 28, 2007 to Unitholders of record as of February 15, 2007. This distribution is the 111th consecutive monthly distribution to Unitholders and brings the total funds distributed by Royal Host to $6.41 per unit since inception.

Royal Host's core businesses are hotel ownership, management and franchising. Royal Host owns 37 hotels, comprising 4,500 rooms, manages additional properties for third parties, and franchises 110 locations (including 15 owned by Royal Host) under the Travelodge and Thriftlodge banners, in the economy, mid-market and upscale hospitality segments.

Royal Host is committed to creating stable and repeatable earnings through high quality assets, efficient operations and exceptional people. Through strategic management and growth of its assets, and ongoing training, communication and teamwork, it is committed to achieving ongoing improvements to its bottom line results. Royal Host Units and Convertible Debentures are traded on the Toronto Stock Exchange under the trading symbols "RYL.UN", "RYL.DB", "RYL.DB.A", "RYL.DB.B" and "RYL.DB.C" respectively.

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