InnVest Real Estate Investment Trust to release its third quarter earnings



    TORONTO, Oct. 17 /CNW/ - InnVest Real Estate Investment Trust will
release its third quarter results on Friday, November 7, 2008 to be followed
by a conference call at 11:00 am Eastern Time. Participating on the call will
be members of InnVest senior management.
    Investors are invited to access the call by dialing 416-644-3414 or
1-800-733-7571. You will be required to identify yourself and the organization
on whose behalf you are participating. A recording of this call will be made
available November 7th beginning at 1:00 pm through to 11:59 p.m. on November
14th. To access the recording please call 416-640-1917 and use the reservation
number 21284310 followed by the number sign.

    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 148 hotel properties, with
over 19,250 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) Staybridge Suites(R), Fairmont
Hotels(R), Sheraton Suites(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, INN.DB.B and INN.DB.C, respectively.

    %SEDAR: 00018005E




For further information:

For further information: Kenneth D. Gibson, President and Chief
Executive Officer, Tamara L. Lawson, Chief Financial Officer and Secretary,
Tel: (905) 206-7100, Fax: (905) 206-7114, Website: www.innvestreit.com

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InnVest Real Estate Investment Trust

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