Royal Host Real Estate Investment Trust

Royal Host Real Estate Investment Trust

April 22, 2008 09:00 ET

Royal Host REIT to Announce First Quarter Results

CALGARY, ALBERTA--(Marketwire - April 22, 2008) - 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") will release its first quarter results on Tuesday, May 13, 2008 and will host an investor conference call on Wednesday, May 14, 2008 at 11:00 a.m. Eastern Time.

Investors and analysts are invited to access the call by dialing 1-866-542-4270 or 1-416-695-6616. You will be required to identify yourself and the organization you are representing, or, alternatively, whether you are a private investor. A recording of this call will be available from May 14 to May 22, 2008. To access this recording please dial 1-800-408-3053 or 1-416-695-5800 and provide the playback password 3259467. Alternatively, a copy of the audio webcast will also be available on our website after May 19, 2008.

Royal Host is a diversified hospitality trust that delivers Unitholder value through hotel ownership, investment, management and franchising and is Canada's second-largest hotel Real Estate Investment Trust.

Royal Host owns a diversified portfolio of 34 properties, comprising 4,200 guest rooms. The portfolio includes limited, focused and full-service hotels in the mid-market to upscale hospitality segments, and is well represented throughout Canada operating under such recognizable brands as 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 to its own portfolio, Royal Host's team manages a number of properties on behalf of third parties using its proven training programs, operating procedures, revenue and yield management systems and sales programs.

Royal Host also owns the master franchise rights for Travelodge® and Thriftlodge® in Canada. Through its subsidiary, Travelodge Canada, Royal Host currently franchises over 100 locations, 13 of which are owned by Royal Host, and receives a stable stream of revenue through monthly royalty fees paid by licensed hotel owners and by selling franchise licenses, which enhances the overall diversity of Royal Host's portfolio.

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.

Contact Information

  • Royal Host Real Estate Investment Trust
    A. Brad Cann, C.A.
    Executive Vice President and Chief Financial Officer
    (403) 259-9800
    (403) 259-8580 (FAX)