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

Royal Host Real Estate Investment Trust

July 21, 2005 14:50 ET

Royal Host REIT Announces July 2005 Distribution of $0.03 to Unitholders

CALGARY, ALBERTA--(CCNMatthews - July 21, 2005) - Royal Host Real Estate Investment Trust (TSX:RYL.UN) (TSX:RYL.DB) (TSX:RYL.DB.A) (REIT) has declared its July 2005 distribution of $0.03 per unit payable August 31, 2005 to Unitholders of record as of August 15, 2005. This distribution is the 93rd consecutive monthly distribution to the Unitholders and brings the total funds distributed by Royal Host to $5.69 per unit since inception.

Royal Host REIT owns 37 hotels, manages 117 properties and franchises 120 locations representing 18,000 guestrooms in the mid-market to upscale segments. Royal Host owns the master franchise rights for the Travelodge brand in Canada and provides hotel and resort management services for its portfolio and to third party properties.

Royal Host is committed to creating stable and repeatable earnings through high quality assets, efficient operations and exceptional people. Through strategic management, growth of its assets and ongoing training, communication and teamwork, it will continue to achieve 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" and "RYL.DB.A", respectively.

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