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CHIP REIT to Release Third Quarter Results

15 October 2006

Canadian Hotel Income Properties Real Estate Investment Trust ("CHIP REIT") will release its 2006 third quarter results on November 2nd, 2006. A conference call will take place the following day, November 3rd, 2006 at 11:00 a.m. Eastern Time, 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 1-888-793-1728. 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. Eastern Time. To access the recording please call 1-800-558-5253 and use the reservation number 21306877. The recording will also be available at www.chipreit.com.


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, tax-advantaged income as well as growth potential through acquisitions, repositioning and franchising. CHIP REIT currently owns or manages 32 hotels with over 7,700 rooms. 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: Kevin Grayston, Executive Vice President & CFO, Phone: (604) 646-2447, Fax: (604) 646-2404, www.chipreit.com

Source: newswire


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