IOT Innovotech Inc

InnVest Real Estate Investment Trust (TSX:INN.UN) announced today that a
combined distribution of $0.0417 per stapled unit, payable on April 15, 2011,
has been declared to the holders of record as at the close of business March 31,
2011. The combined distribution is made up of a distribution of $0.035445 per
unit of InnVest Real Estate Investment Trust and $0.006255 per non-voting unit
of InnVest Operations Trust.


TRUST PROFILE

InnVest Real Estate Investment Trust (the "REIT") is an unincorporated
open-ended real estate investment trust which owns a portfolio of 144 hotels
across Canada representing approximately 19,000 guest rooms operated under
internationally recognized brands. The REIT leases its hotels to InnVest
Operations Trust ("IOT"), a taxable investment trust. IOT directly and
indirectly holds all of the hotel operating assets, earns revenues from hotel
customers and pays rent to the REIT. IOT also holds a 50% interest in Choice
Hotels Canada Inc., one of the largest franchisors of hotels in Canada, and
earns revenues from franchising fees.


Each issued and outstanding REIT unit trades together with a non-voting unit of
IOT as a "stapled unit" on the Toronto Stock Exchange (the "TSX") under the
symbol INN.UN. InnVest REIT's convertible debentures trade on the TSX under the
symbols INN.DB.B, INN.DB.C, INN.DB.D, INN.DB.E and INN.DB.F.

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