Royal Host Real Estate Investment Trust Announces Distribution to Unitholders

Press Release: Royal Host Real Estate Investment Trust
September 19, 2002
CALGARY, AB -- Royal Host Real Estate Investment Trust (REIT) has declared its September 2002 distribution of $0.06 per unit payable October 31, 2002 to Unitholders of record as of October 15, 2002.

Royal Host REIT owns 38 hotels, manages 76 properties and franchises 108 locations for almost 15,500 guestrooms 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 under the trading symbol "RYL.UN".
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Contact:

Royal Host REIT
Peter Sikora
Chief Financial Officer
Phone: (403) 259-9800
Fax: (403) 259-8580
Email: investorinfo@royalhost.com
Website: www.royalhost.com


Source: Royal Host Real Estate Investment Trust