Royal Host Real Estate Investment Trust

Royal Host Real Estate Investment Trust

March 16, 2005 20:03 ET

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


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: ROYAL HOST REAL ESTATE INVESTMENT TRUST

TSX SYMBOL: RYL.UN
TSX SYMBOL: RYL.DB
TSX SYMBOL: RYL.DB.A

MARCH 16, 2005 - 20:03 ET

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

CALGARY, ALBERTA--(CCNMatthews - March 16, 2005) - Royal Host Real
Estate Investment Trust (TSX:RYL.UN) (TSX:RYL.DB) (TSX:RYL.DB.A) (REIT)
has declared its March 2005 distribution of $0.03 per unit payable April
29, 2005 to Unitholders of record as of April 15, 2005. This
distribution is the 89th consecutive monthly distribution to the
Unitholders and brings the total funds distributed by Royal Host to
$5.57 per unit since inception.

Royal Host REIT owns 37 hotels, manages 142 properties and franchises
120 locations for over 20,000 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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