Press Release
September 17, 2001
CALGARY, ALBERTA -- Royal Host Real Estate Investment Trust (Royal Host) has declared its September 2001 distribution
of $0.08 per unit payable October 31, 2001 to unitholders of record as of October 15, 2001.
Effective the September 2001 distribution, Royal Host has changed the date of record to mid-month in order to facilitate
the delivery of units to Distribution Reinvestment Plan participants. This will have no effect on the payment date
of the distribution, which have historically been on the last business day of the month.
Royal Host REIT owns 36 hotels, manages 77 properties and franchises 94 locations for almost 15,000 guest rooms
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 (RYL.UN).
-----------------------------------------------------------
Contact:
Royal Host Real Estate Investment Trust Peter Sikora Chief Financial Officer Phone: (403) 259-9800 Fax: (403) 259-8580 Website: www.royalhost.com Email: investorinfo@royalhost.com