NEWS RELEASE TRANSMITTED BY Marketwire
FOR: ROYAL HOST REAL ESTATE INVESTMENT TRUST
Royal Host REIT Announces September 2006 Distribution of $0.04 to Unitholders
SEP 15, 2006 - 11:51 ET
CALGARY, ALBERTA--(CCNMatthews - Sept. 15, 2006) - Royal Host Real Estate Investment Trust (TSX:RYL.UN) (TSX:RYL.DB) (TSX:RYL.DB.A) (TSX:RYL.DB.B) ("Royal Host") has declared its September 2006 distribution of $0.04 per unit, payable October 31, 2006 to Unitholders of record as of October 13, 2006. This distribution is the 107th consecutive monthly distribution to Unitholders and brings the total funds distributed by Royal Host to $6.22 per unit since inception.
Royal Host owns 37 hotels, manages 126 properties and franchises 112 locations representing 18,000 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 and growth of its assets, and ongoing training, communication and teamwork, it is committed to achieving 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", "RYL.DB.A", and "RYL.DB.B" respectively.
FOR FURTHER INFORMATION PLEASE CONTACT:
Royal Host REIT
Chief Financial Officer
(403) 259-8580 (FAX)