CHIP REIT to Release 2007 First Quarter Results


    VANCOUVER, April 25 /CNW/ - Canadian Hotel Income Properties Real Estate
Investment Trust ("CHIP REIT") will release its 2007 first quarter results on
May 8th, 2007. A conference call will take place on the following day,
May 9th, 2007 at 11:00 a.m. EDT, with CHIP REIT's senior management discussing
the financial results as well as current industry conditions.
    Investors are invited to access the call by dialing 1-800-701-7176. You
will be required to identify yourself and your organization. A recording of
this call will be made available beginning at 1:00 p.m. EDT. To access the
recording, please call 1-800-558-5253 (416-626-4100) and use the reservation
number 21337259. The recording will also be available at

    CHIP REIT is an integrated hotel real estate investment trust focused on
mid-market and upscale full-service hotels. Through its large, diversified
portfolio, CHIP REIT provides investors with stable income and growth
potential through acquisitions, repositioning and franchising under banners
that include Delta, Radisson, Marriott and Hilton. CHIP REIT currently owns
and manages 32 hotels with approximately 7,700 guestrooms. In 2006, CHIP REIT
was named "Hotel Company of the Year" by Hotelier Magazine, becoming the first
REIT to win a Pinnacle Award in the hospitality industry's national
recognition program. CHIP REIT units and convertible debentures trade on the
Toronto Stock Exchange under the symbols HOT.un, HOT.db and HOT.db.a.

    %SEDAR: 00005031E

For further information:

For further information: Kevin Grayston, Executive Vice President &
Chief Financial Officer, Phone (604) 646-2447, Fax (604) 646-2404,

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Canadian Hotel Income Properties Real Estate Investment Trust

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