Royal Host Real Estate Investment Trust

Royal Host Real Estate Investment Trust

October 15, 2007 17:26 ET

Royal Host REIT Announces Distribution of $0.055 to Unitholders

CALGARY, ALBERTA--(Marketwire - Oct. 15, 2007) - Royal Host Real Estate Investment Trust (TSX:RYL.UN) (TSX:RYL.DB.A) (TSX:RYL.DB.B) (TSX:RYL.DB.C) (TSX:RYL.DB.D) ("Royal Host") has declared a distribution of $0.055 per unit, payable November 30, 2007, to Unitholders of record as of November 15, 2007. This distribution is the 120th consecutive monthly distribution to Unitholders and brings the total funds distributed by Royal Host to $6.92 per unit since inception.

Royal Host's core businesses are hotel ownership, management and franchising in Canada. Royal Host is committed to delivering an excellent hospitality experience to its guests and value to its Unitholders.

The Trust owns a diversified portfolio of 37 properties, comprising more than 4,500 guest rooms in the mid-market to upscale hospitality segments. Royal Host properties operate under such brands as Best Western®, Country Inns & Suites®, Hilton®, Holiday Inn®, Ramada®, Super 8®, Thriftlodge® and Travelodge®, as well as a number of unbranded properties such as the Chimo Hotel in Ottawa and the Grand Okanagan Resort and Conference Centre in Kelowna. In addition to providing management services for its own portfolio, Royal Host manages a number of properties on behalf of third parties.

Royal Host owns the master franchise rights for Travelodge® and Thriftlodge® in Canada, of which there are over 100 franchise locations, including 15 owned by the Trust. Royal Host trust units and convertible debentures are traded on the Toronto Stock Exchange under the trading symbols "RYL.UN", "RYL.DB.A", "RYL.DB.B", "RYL.DB.C" and "RYL.DB.D", respectively.

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