Press Release: CHIP Hospitality
September 27, 2002
VANCOUVER, BC -- Three Canadian CHIP Hospitality hotels have been ranked as top performers in the annual Top 100
Survey of North American Hotels by U.S.-based Lodging Hospitality Magazine. In the suburban category, the Mayfield
Inn and Suites Edmonton was ranked 11th, the highest ranking of any Canadian hotel. The Sheraton Fredericton ranked
29th and the Delta Edmonton South was 35th in the same Top 100 category.
Lodging Hospitality surveyed 10,000 lodging properties in the U.S., Canada, the Caribbean, Puerto Rico, Guam and
the U.S. Virgin Islands, receiving responses from 3,000 properties. Winners were determined based on each property's
total sales divided by the number of guestrooms, giving smaller hotels an equal chance. This is the 25th year this
leading U.S. travel trade magazine has conducted the survey.
"This recognition by the prestigious Lodging Hospitality Magazine is another sign of the strong foundation
we have built by continuing to exceed the expectations of our guests and our owner-investors, " said CHIP
Hospitality President Minaz Abji. "The strong performance of these three hotels is a sign that our customers
recognize our value and service."
The Mayfield Inn & Suites is West Edmonton's only premier four star hotel, located just minutes from the West
Edmonton Mall. The Delta Edmonton South Hotel and Conference Centre is located at the corner of Whitemud Freeway
and Gateway Blvd., only 15 minutes from the airport and downtown. The Sheraton Fredericton is the largest hotel
in New Brunswick's capital city, only minutes from the heart of commercial and government activity in Fredericton.
CHIP Hospitality is one of Canada's leading hotel management companies and is focused on the mid-market to upscale,
full-service and extended stay hotels. The company currently manage 37 hotels in Canada and Washington State with
more than 7,000 associates and 8,200 rooms. As a subsidiary of CHIP REIT (Canadian Hotel Income Properties Real
Estate Investment Trust), CHIP Hospitality is the exclusive operator of the REIT's owned hotels. CHIP Hospitality
also manages hotels and resorts for third party owners. CHIP uses management strategies, upgrades, repositioning
and franchising to improve the operating performance of the properties within its portfolio to create value for
investors and owners. CHIP REIT units trade on the Toronto Stock Exchange under the symbol HOT.un and HOT.db.
For reservations at any CHIP hotel, call 1.888.4.CANADA (1.888.422.6232) or visit GreatCanadianHotels.com.
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Contact: Heather Jeliazkov, Tartan Public Relations Tel: (250) 592-3838 or heather@tartanpr.com Charlene Krepiakevich, Corporate Marketing Manager, CHIP Hospitality Tel: (604) 646-8787 or ckrepiakevich@chipreit.com