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 17, 2007 18:26 ET

Royal Host REIT Announces a 10% Increase in Monthly Distributions to $0.055 per Unit

CALGARY, ALBERTA--(CCNMatthews - Jan. 17, 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" or the "Trust") is pleased to announce that it will be increasing its monthly distribution by 10% from $0.05 to $0.055 per trust unit, payable on February 28, 2007 to Unitholders of record on February 15, 2007. This is the fifth distribution increase announced since January 2005 and represents an annualized distribution rate of $0.66 per trust unit. 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.

Mr. Mike Jackson, President and Chief Operating Officer of the Trust, stated, "l am pleased to announce this increase in distributions which is a reflection of our confidence in the continuing strength of our operating results."

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.

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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