NEWS RELEASE TRANSMITTED BY CCN NEWSWIRE - A SERVICE OF ITG
FOR: ROYAL HOST REAL ESTATE INVESTMENT TRUST
TSE SYMBOL: RYL.UN
JUNE 8, 2001 - 14:09 EDT
Royal Host Real Estate Investment Trust Announces
Distribution to Unitholders
CALGARY, ALBERTA--Royal Host Real Estate Investment Trust (Royal
Host) has declared its June 2001 distribution of $0.08 per unit
payable July 31, 2001 to unitholders of record as of June 29,
2001.
Royal Host REIT owns 36 hotels, manages 77 properties and
franchises 91 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
Peter Sikora
Chief Financial Officer
(403) 259-9800
(403) 259-8580 (FAX)
Email: investorinfo@royalhost.com
Website: www.royalhost.com