TORONTO Legacy Hotels REIT has announced its third quarter distribution as $0.25 per unit to unitholders of record as of September 30, 2000, which is expected to be paid on or about October 20, 2000. The distribution is consistent with that of the second quarter in 2000.
Legacy s current portfolio consists of 19 first class and luxury hotels from coast to coast in Canada with over 8,400 rooms. Fairmont Hotels & Resorts manages the eight luxury hotels and Delta Hotels manages the 11 first class properties in the portfolio. Legacy s units trade on the Toronto Stock Exchange under the symbol LGY.UN. (9/18/00)