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Press Release: Royal Host Real Estate Investment Trust
November 17, 2003
CALGARY, ALBERTA -- Royal Host Real Estate Investment Trust (REIT) has declared its November 2003 distribution
of $0.02 per unit payable December 31, 2003 to Unitholders of record as of December 15, 2003. This distribution
is the 73rd consecutive monthly distribution to the Unitholders and brings the total funds distributed by Royal
Host to $5.22 per unit since inception. Approximately 57.5% of the 2003 distribution will be eligible for tax deferral.
Royal Host REIT owns 39 hotels, manages 77 properties and franchises 117 locations for over 15,500 guestrooms in
the mid-market to upscale segments. Royal Host owns the master franchise rights for the Travelodge brand in Canada.
Royal Host also 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's objective is to maximize 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" and "RYL.DB".
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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