NEWS RELEASE TRANSMITTED BY CANADIAN CORPORATE NEWS
FOR: ROYAL HOST REAL ESTATE INVESTMENT TRUST
TSE SYMBOL: RYL.UN
APRIL 17, 2000
Royal Host Real Estate Investment Trust Announces
Distribution to Unitholders
CALGARY, ALBERTA--Royal Host Real Estate Investment Trust (Royal
Host) has declared its April 2000 distribution of $0.08 per unit
payable May 18, 2000 to unitholders of record as of April 28,
2000.
Royal Host REIT owns 36 hotels, manages 78 properties and
franchises 83 locations for almost 16,000 guest rooms in the
mid-market to upscale segments. Royal Host also owns the
Travelodge Master Franchise in Canada, provides hotel and resort
management services for the portfolio and to third party
properties, markets vacation intervals in hotels, resorts, and
operates a facility for customers to trade and bank prepaid
vacation weeks.
Royal Host maximizes earnings while balancing risk for its
unitholders through efficient operations, strong marketing and a
focus on providing travelers with superior accommodations and
travel experiences. Royal Host units are traded on the Toronto
Stock Exchange (RYL.UN).
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FOR FURTHER INFORMATION PLEASE CONTACT:
Royal Host Real Estate Investment Trust
Ellen Walsh
Director of Communications
(403) 258-5601
(403) 292-0922 (FAX)
Website: www.royalhost.com
Email: investorinfo@royalhost.com