HOT.un
Press Release: Canadian Hotel Income Properties Real Estate Investment Trust
June 5, 2001
VANCOUVER, BC -- Canadian Hotel Income Properties Real Estate Investment Trust ("CHIP REIT") yesterday
announced a distribution of $0.10 per unit for the month of June 2001. Payment will be made on June 29, 2001 to
unitholders of record as at June 15, 2001.
CHIP REIT is an integrated hotel real estate investment trust focused on mid-market and upscale full-service hotels.
Through upgrades, repositioning and franchising, CHIP REIT improves the operating performance of the properties
within the portfolio to create value for investors. CHIP REIT currently owns or manages 36 hotels with approximately
7,900 rooms. CHIP REIT units trade on The Toronto Stock Exchange under the symbol HOT.un.