Annual Meeting of Unitholders
Wednesday, May 16th, 2007 @ 4:00pm
St. Andrew's Club
150 King Street West, 27th Floor
Toronto, ON M5H 1J9



InnVest is well positioned to provide Unitholders with stable income throughout the economic cycle while increasing the income stream over time. InnVest has a number of competitive strengths that position it to carry out its business and acquisition strategies. InnVest's strengths include:

HIGH QUALITY PROPERTIES
with the largest hotel portfolio in Canada



INTERNATIONAL BRANDS
which provide name recognition and a strong central reservation system, driving revenue per available room



PORTFOLIO DIVERSITY
with hotel properties across the country and a mix of business and leisure customers, contributing to performance stability



EXPERIENCED MANAGEMENT
which enables Innvest to maximize its performance



WELL BALANCED CAPITAL STRUCTURE
with conservative financial leverage and unutilized credit facilities, providing management flexibility to achieve performance objectives



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