NEWS RELEASE TRANSMITTED BY Marketwire
FOR: ROYAL HOST REAL ESTATE INVESTMENT TRUST
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Royal Host Announces New Trustees
MAY 11, 2005 - 19:15 ET
NEWS RELEASE TRANSMITTED BY
http://www.ccnmatthews.com" target="_parent">CCNMatthews
FOR: ROYAL HOST REAL ESTATE INVESTMENT TRUST
TSX SYMBOL: RYL.UN
TSX SYMBOL: RYL.DB
TSX SYMBOL: RYL.DB.A
MAY 11, 2005 - 19:15 ET
Royal Host Announces New Trustees
CALGARY, ALBERTA--(CCNMatthews - May 11, 2005) - Royal Host Real Estate
Investment Trust (TSX:RYL.UN) (TSX:RYL.DB) (TSX:RYL.DB.A) announced the
election at today's annual meeting of three new trustees: Hugh Smith,
Q.C., Stan Spavold, C.A. and Melinda M. Lee, C.A. The three new trustees
join newly appointed Chairman Alvin Poettcker, who has been a trustee
since the inception of Royal Host, and Greg Royer, President and CEO. In
addition George Armoyan, Terrance Royer and Randy Royer will be
continuing as trustees.
Royal Host REIT owns 37 hotels, manages 118 properties and franchises
120 locations for over 18,000 guestrooms in the mid-market to upscale
segments. Royal Host also owns the master franchise rights for
Travelodge in Canada and provides hotel and resort management services
for its portfolio and to third party owned 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.
This press release contains certain forward-looking statements relating,
but not limited to, Royal Host's operations, anticipated financial
performance, business prospects and strategies. Forward-looking
information typically contains statements with words such as
"anticipate", "believe", "expect", "plan", or similar words suggesting
future outcomes. Such forward-looking statements are subject to risks,
uncertainties and other factors, which could cause actual results to
differ materially from future results expressed, projected or implied by
such forward-looking statements. Such factors include, but are not
limited to economic, competitive and lodging industry conditions. Royal
Host disclaims any responsibility to update any such forward-looking
statements.
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FOR FURTHER INFORMATION PLEASE CONTACT:
FOR FURTHER INFORMATION PLEASE CONTACT:
Royal Host REIT
Greg Royer
President and CEO
(403) 259-9800
(403) 259-8580 (FAX)
Email: investorinfo@royalhost.com">investorinfo@royalhost.com
Website: http://www.royalhost.com" target="_parent">www.royalhost.com
