TORONTO, March 19 /CNW/ - InnVest Real Estate Investment Trust announced
today that a distribution of $0.09375 per unit has been declared to the
unitholders of record as at the close of business on March 30, 2007, payable
on April 16, 2007.
InnVest REIT holds Canada's largest hotel portfolio together with an
interest in Choice Hotels Canada Inc. the largest franchisor of hotels in
Canada. The hotel portfolio currently comprises 137 hotel properties, with
15,661 guest rooms, operated under internationally recognized franchise brands
such as Comfort Inn(R), Holiday Inn(R), Quality Suites/Inn(R), Radisson(R),
Delta(R), Travelodge(R), Hilton(R) and Best Western(R). InnVest's trust units
and outstanding convertible debentures trade on the Toronto Stock Exchange
under the symbols INN.UN, INN.DB.A and INN.DB.B, respectively.
For further information:
For further information: Kenny Gibson, President and Chief Executive
Officer, Tel: (905) 206-7100, Fax: (905) 206-7114; Tamara L. Lawson, Chief
Financial Officer and Secretary, Tel: (905) 206-7100, Fax: (905) 206-7114,