HOST HOTELS & RESORTS, INC., HOST HOTELS & RESORTS, L.P., AND SUBSIDIARIES

REAL ESTATE AND ACCUMULATED DEPRECIATION

December 31, 2012

(in millions)


			Initial Cost				Subsequent			Gross Amount at December 31, 2012								Date of
Description	Debt		Land		Buildings & Improvements		Costs Capitalized			Land		Buildings & Improvements		Total		Accumulated Depreciation		Completion of Construction		Date Acquired		Depreciation Life
Hotels:
Atlanta Marriott Marquis	$	—	$	13	$	184	$	160		$	16	$	341	$	357	$	114		—		1998		40
Atlanta Marriott Perimeter Center		—		—		7		46			15		38		53		22		—		1976		40
Atlanta Marriott Suites Midtown		—		—		26		9			—		35		35		16		—		1996		40
Boston Marriott Copley Place		—		—		203		62			—		265		265		86		—		2002		40
Calgary Marriott		—		5		18		16			5		34		39		19		—		1996		40
Chicago Marriott O’Hare		—		4		26		51			4		77		81		45		—		1998		40
Chicago Marriott Suites Downers Grove		—		2		14		6			2		20		22		10		—		1989		40
Chicago Marriott Suites O’Hare		—		5		36		8			5		44		49		18		—		1997		40
Coronado Island Marriott Resort & Spa		—		—		53		26			—		79		79		36		—		1997		40
Costa Mesa Marriott		—		3		18		6			3		24		27		12		—		1996		40
Courtyard Chicago Downtown River North		—		7		27		12			7		39		46		20		—		1992		40
Courtyard Nashua		—		3		14		7			3		21		24		13		—		1989		40
Dallas/Addison Marriott Quorum by the Galleria		—		14		27		22			14		49		63		25		—		1994		40
Dayton Marriott		—		2		30		8			2		38		40		15		—		1998		40
Delta Meadowvale Hotel & Conference Center		—		4		20		24			4		44		48		24		—		1996		40
Denver Marriott Tech Center Hotel		—		6		26		29			6		55		61		27		—		1994		40
Denver Marriott West		—		—		12		11			—		23		23		15		—		1983		40
Embassy Suites Chicago –Downtown/Lakefront		—		—		86		7			—		93		93		22		—		2004		40
Four Seasons Hotel Atlanta		—		5		48		19			6		66		72		26		—		1998		40
Four Seasons Hotel Philadelphia		—		26		60		20			27		79		106		34		—		1998		40
Gaithersburg Marriott Washingtonian Center		—		7		22		8			7		30		37		15		—		1993		40
Grand Hyatt Atlanta in Buckhead		—		8		88		22			8		110		118		42		—		1998		40
Grand Hyatt Washington		—		154		247		2			154		249		403		4		—		2012		33
Greensboro-Highpoint Marriott Airport		—		—		19		12			—		31		31		16		—		1983		40
Harbor Beach Marriott Resort & Spa		134		—		62		100			—		162		162		79		—		1997		40
Hilton Melbourne South Wharf		85		—		136		(4	)		—		132		132		8		—		2011		31
Hilton Singer Island Oceanfront Resort		—		2		10		18			2		28		30		15		—		1986		40
Houston Airport Marriott at George Bush Intercontinental		—		—		10		38			—		48		48		40		—		1984		40

HOST HOTELS & RESORTS, INC., HOST HOTELS & RESORTS, L.P., AND SUBSIDIARIES

REAL ESTATE AND ACCUMULATED DEPRECIATION

December 31, 2012

(in millions)


			Initial Cost				Subsequent			Gross Amount at December 31, 2012								Date of
Description	Debt		Land		Buildings & Improvements		Costs Capitalized			Land		Buildings & Improvements		Total		Accumulated Depreciation		Completion of Construction		Date Acquired		Depreciation Life
Houston Marriott at the Texas Medical Center		—		—		19		18			—		37		37		21		—		1998		40
Hyatt Regency Cambridge, Overlooking Boston		—		18		84		6			19		89		108		41		—		1998		40
Hyatt Regency Maui Resort & Spa		—		92		212		24			81		247		328		65		—		2003		40
Hyatt Regency Reston		100		11		78		19			12		96		108		38		—		1998		40
Hyatt Regency San Francisco Airport		—		16		119		49			20		164		184		64		—		1998		40
Hyatt Regency Washington on Capitol Hill		—		40		230		28			40		258		298		52		—		2006		40
JW Marriott Atlanta Buckhead		—		16		21		24			16		45		61		26		—		1990		40
JW Marriott Desert Springs Resort & Spa		—		13		143		127			13		270		283		110		—		1997		40
JW Marriott Hotel Rio de Janeiro		—		13		29		(6	)		11		25		36		1		—		2010		40
JW Marriott Houston		—		4		26		22			6		46		52		28		—		1994		40
JW Marriott Mexico City		—		11		35		7			10		43		53		33		—		1996		40
JW Marriott Washington, D.C.		—		26		98		43			26		141		167		58		—		2003		40
Kansas City Airport Marriott		—		—		8		25			—		33		33		28		—		1993		40
Key Bridge Marriott		—		—		38		31			—		69		69		59		—		1997		40
Manchester Grand Hyatt, San Diego		—		—		548		15			—		563		563		33		—		2011		35
Manhattan Beach Marriott		—		7		29		19			—		55		55		26		—		1997		40
Marina del Rey Marriott		—		—		13		24			—		37		37		18		—		1995		40
Marriott at Metro Center		—		20		24		21			20		45		65		23		—		1994		40
Memphis Marriott Downtown		—		—		16		35			—		51		51		24		—		1998		40
Miami Marriott Biscayne Bay		—		—		27		30			—		57		57		30		—		1998		40
Minneapolis Marriott City Center		—		—		27		39			—		66		66		45		—		1986		40
New Orleans Marriott		—		16		96		112			16		208		224		107		—		1996		40
New York Marriott Downtown		—		19		79		36			19		115		134		55		—		1997		40
New York Marriott Marquis		—		—		552		172			—		724		724		463		—		1986		40
Newark Liberty International Airport Marriott		—		—		30		4			—		34		34		26		—		1984		40
Newport Beach Marriott Bayview		—		6		14		8			6		22		28		11		—		1975		40
Newport Beach Marriott Hotel & Spa		103		11		13		113			11		126		137		69		—		1975		40
New Zealand Hotel Portfolio		87		34		105		(8	)		34		97		131		5		—		2011		35
Orlando World Center Marriott		246		18		157		334			29		480		509		184		—		1997		40
Park Ridge Marriott		—		—		20		11			—		31		31		13		—		1987		40
Philadelphia Airport Marriott		—		—		42		9			—		51		51		22		—		1995		40

HOST HOTELS & RESORTS, INC., HOST HOTELS & RESORTS, L.P., AND SUBSIDIARIES

REAL ESTATE AND ACCUMULATED DEPRECIATION

December 31, 2012

(in millions)


			Initial Cost				Subsequent		Gross Amount at December 31, 2012								Date of
Description	Debt		Land		Buildings & Improvements		Costs Capitalized		Land		Buildings & Improvements		Total		Accumulated Depreciation		Completion of Construction		Date Acquired		Depreciation Life
Philadelphia Marriott Downtown		—		3		144		109		11		245		256		98		—		1995		40
Portland Marriott Downtown Waterfront		—		6		40		25		6		65		71		31		—		1994		40
Residence Inn Arlington Pentagon City		—		6		29		10		6		39		45		17		—		1996		40
San Antonio Marriott Rivercenter		—		—		86		80		—		166		166		70		—		1996		40
San Antonio Marriott Riverwalk		—		—		45		17		—		62		62		30		—		1995		40
San Cristobal Tower, Santiago		—		7		15		4		8		18		26		3		—		2006		40
San Diego Marriott Marquis & Marina		—		—		202		276		—		478		478		177		—		1996		40
San Diego Marriott Mission Valley		—		4		23		11		4		34		38		17		—		1998		40
San Francisco Marriott Fisherman’s Wharf		—		6		20		20		6		40		46		22		—		1994		40
San Francisco Marriott Marquis		—		—		278		92		—		370		370		203		—		1989		40
San Ramon Marriott		—		—		22		20		—		42		42		18		—		1996		40
Santa Clara Marriott		—		—		39		54		—		93		93		71		—		1989		40
Scottsdale Marriott at McDowell Mountains		—		8		48		7		8		55		63		12		—		2004		40
Scottsdale Marriott Suites Old Town		—		3		20		9		3		29		32		13		—		1988		40
Seattle Airport Marriott		—		3		42		19		3		61		64		35		—		1998		40
Sheraton Boston Hotel		—		42		262		46		42		308		350		59		—		2006		40
Sheraton Indianapolis Hotel at Keystone Crossing		—		3		51		12		3		63		66		11		—		2006		40
Sheraton Needham Hotel		—		5		27		11		5		38		43		7		—		1986		40
Sheraton New York Times Square Hotel		—		346		409		163		346		572		918		106		—		2006		40
Sheraton Parsippany Hotel		—		8		30		17		8		47		55		10		—		2006		40
Sheraton San Diego Hotel & Marina		—		—		328		25		—		353		353		64		—		2006		40
Sheraton Santiago Hotel & Convention Center		—		19		11		10		20		20		40		5		—		2006		40
Swissôtel Chicago		—		29		132		81		30		212		242		66		—		1998		40
Tampa Airport Marriott		—		—		9		22		—		31		31		23		—		2000		40
Tampa Marriott Waterside Hotel & Marina		—		—		—		108		11		97		108		34		2000		—		40
The Fairmont Kea Lani, Maui		—		55		294		26		55		320		375		73		—		2003		40
The Ritz-Carlton, Amelia Island		—		25		115		68		25		183		208		68		—		1998		40
The Ritz-Carlton, Buckhead		—		14		81		62		15		142		157		66		—		1996		40
The Ritz-Carlton, Marina del Rey		—		—		52		25		—		77		77		39		—		1997		40
The Ritz-Carlton, Naples		205		19		126		98		21		222		243		113		—		1996		40
The Ritz-Carlton, Naples Golf Resort		—		6		—		92		22		76		98		20		2002		—		40

HOST HOTELS & RESORTS, INC., HOST HOTELS & RESORTS, L.P., AND SUBSIDIARIES

REAL ESTATE AND ACCUMULATED DEPRECIATION

December 31, 2012

(in millions)


			Initial Cost				Subsequent			Gross Amount at December 31, 2012								Date of
Description	Debt		Land		Buildings & Improvements		Costs Capitalized			Land		Buildings & Improvements		Total		Accumulated Depreciation		Completion of Construction		Date Acquired		Depreciation Life
The Ritz-Carlton, Phoenix		—		10		63		8			10		71		81		29		—		1998		40
The Ritz-Carlton, San Francisco		—		31		123		24			31		147		178		59		—		1998		40
The Ritz-Carlton, Tysons Corner		—		—		89		16			—		105		105		43		—		1998		40
The St. Regis, Houston		—		6		33		18			6		51		57		12		—		2006		40
The Westin Buckhead Atlanta		—		5		84		22			6		105		111		40		—		1998		40
The Westin Chicago River North		—		33		116		1			33		117		150		7		—		2010		40
The Westin Cincinnati		—		—		54		11			—		65		65		14		—		2006		40
The Westin Denver Downtown		33		—		89		9			—		98		98		19		—		2006		40
The Westin Georgetown, Washington, D.C.		—		16		80		13			16		93		109		19		—		2006		40
The Westin Indianapolis		—		12		100		7			12		107		119		20		—		2006		40
The Westin Kierland Resort & Spa		—		100		280		19			100		299		399		48		—		2006		40
The Westin Los Angeles Airport		—		—		102		15			—		117		117		23		—		2006		40
The Westin Mission Hills Resort & Spa		—		40		47		(43	)		13		31		44		14		—		2006		40
The Westin New York Grand Central		—		156		152		66			156		218		374		15		—		2011		40
The Westin Seattle		—		39		175		20			39		195		234		32		—		2006		40
The Westin South Coast Plaza, Costa Mesa		—		—		46		9			—		55		55		22		—		2006		40
The Westin Waltham-Boston		—		9		59		9			9		68		77		14		—		2006		40
Toronto Marriott Downtown Eaton Centre Hotel		—		—		27		18			—		45		45		23		—		1995		40
W New York		—		138		102		41			138		143		281		34		—		2006		40
W New York – Union Square		—		48		145		6			48		151		199		9		—		2010		40
W Seattle		—		11		125		3			11		128		139		22		—		2006		40
Washington Dulles Airport Marriott		—		—		3		37			—		40		40		32		—		1970		40
Westfields Marriott Washington Dulles		—		7		32		16			7		48		55		25		—		1994		40

Total hotels:		993		1,939		9,567		4,100			1,972		13,634		15,606		4,752
Other properties, each less than 5% of total		—		24		4		27			24		31		55		16		—		various		40

TOTAL	$	993	$	1,963	$	9,571	$	4,127		$	1,996	$	13,665	$	15,661	$	4,768

HOST HOTELS & RESORTS, INC., AND SUBSIDIARIES

HOST HOTELS & RESORTS, L.P., AND SUBSIDIARIES

REAL ESTATE AND ACCUMULATED DEPRECIATION

December 31, 2012

(in millions)

Notes:

(A)	The change in total cost of properties for the fiscal years ended December 31, 2012, 2011 and 2010 is as follows:


Balance at December 31, 2009	$	13,076
Additions:
Acquisitions		532
Capital expenditures and transfers from construction-in-progress		161
Deductions:
Dispositions and other		(20	)

Balance at December 31, 2010		13,749
Additions:
Acquisitions		1,155
Capital expenditures and transfers from construction-in-progress		338
Deductions:
Dispositions and other		(214	)
Impairments		(8	)

Balance at December 31, 2011		15,020
Additions:
Acquisitions		427
Capital expenditures and transfers from construction-in-progress		443
Deductions:
Dispositions and other		(172	)
Impairments		(57	)

Balance at December 31, 2012	$	15,661

(B)	The change in accumulated depreciation and amortization of real estate assets for the fiscal years ended December 31, 2012, 2011 and 2010 is as follows:


Balance at December 31, 2009	$	3,404
Depreciation and amortization		450
Dispositions and other		(20	)

Balance at December 31, 2010		3,834
Depreciation and amortization		496
Dispositions and other		(24	)

Balance at December 31, 2011		4,306
Depreciation and amortization		537
Dispositions and other		(75	)

Balance at December 31, 2012	$	4,768

(C)	The aggregate cost of real estate for federal income tax purposes is approximately $10,412 million at December 31, 2012.

(D)	The total cost of properties excludes construction-in-progress properties.