SCHEDULE III

Page 1 of 5

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

REAL ESTATE AND ACCUMULATED DEPRECIATION

December 31, 2015

(in millions)

	Initial Cost						Subsequent		Foreign			Gross Amount at December 31, 2015								Date of
					Buildings &		Costs		Currency					Buildings &				Accumulated		Completion of		Date		Depreciation
Description	Debt		Land		Improvements		Capitalized		Adjustment			Land		Improvements		Total		Depreciation		Construction		Acquired		Life
Hotels:
Atlanta Marriott Perimeter Center	$	—	$	15	$	7	$	36		—		$	15	$	43	$	58	$	31		—		1976		40
Atlanta Marriott Suites Midtown		—		—		26		9		—			—		35		35		20		—		1996		40
Axiom Hotel		—		36		38		1		—			36		39		75		3		—		2014		33
Boston Marriott Copley Place		—		—		203		77		—			—		280		280		119		—		2002		40
Calgary Marriott Downtown		—		5		18		44		—			5		62		67		25		—		1996		40
Chicago Marriott Suites Downers Grove		—		2		14		12		—			2		26		28		13		—		1996		40
Chicago Marriott Suites O'Hare		—		5		36		10		—			5		46		51		23		—		1998		40
Coronado Island Marriott Resort & Spa		—		—		53		29		—			—		82		82		46		—		1997		40
Costa Mesa Marriott		—		3		18		8		—			3		26		29		15		—		1996		40
Courtyard Chicago Downtown/River North		—		7		27		14		—			7		41		48		26		—		1992		40
Denver Marriott Tech Center Hotel		—		6		26		29		—			6		55		61		34		—		1994		40
Denver Marriott West		—		—		12		14		—			—		26		26		19		—		1983		40
Embassy Suites Chicago-Downtown/Lakefront		—		—		86		16		—			—		102		102		31		—		2004		40
Gaithersburg Marriott Washingtonian Center		—		7		22		13		—			7		35		42		20		—		1993		40
Grand Hyatt Atlanta in Buckhead		—		8		88		29		—			8		117		125		54		—		1998		40
Grand Hyatt Washington		—		154		247		26		—			154		273		427		36		—		2012		33
Harbor Beach Marriott Resort & Spa		150		—		62		112		—			—		174		174		100		—		1997		40
Hilton Melbourne South Wharf		63		—		136		13		(49	)		—		100		100		16		—		2011		31
Hilton Singer Island Oceanfront Resort		—		2		10		22		—			2		32		34		20		—		1994		40
Houston Airport Marriott at George Bush Intercontinental		—		—		10		80		—			—		90		90		47		—		1984		40
Houston Marriott at the Texas Medical Center		—		—		19		25		—			—		44		44		28		—		1998		40

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

REAL ESTATE AND ACCUMULATED DEPRECIATION (continued)

December 31, 2015

(in millions)

	Initial Cost						Subsequent			Foreign			Gross Amount at December 31, 2015								Date of
					Buildings &		Costs			Currency					Buildings &				Accumulated		Completion of		Date		Depreciation
Description	Debt		Land		Improvements		Capitalized			Adjustment			Land		Improvements		Total		Depreciation		Construction		Acquired		Life
Hyatt Place Waikiki Beach		—		12		120		2			—			12		122		134		11		—		2013		34
Hyatt Regency Cambridge, Overlooking Boston		—		18		84		10			—			19		93		112		51		—		1998		40
Hyatt Regency Maui Resort & Spa		—		92		212		43			—			81		266		347		94		—		2003		40
Hyatt Regency Reston		100		11		78		27			—			12		104		116		48		—		1998		40
Hyatt Regency San Francisco Airport		—		16		119		60			—			20		175		195		81		—		1998		40
Hyatt Regency Washington on Capitol Hill		—		40		230		41			—			40		271		311		81		—		2005		40
JW Marriott Atlanta Buckhead		—		16		21		28			—			16		49		65		32		—		1990		40
JW Marriott Desert Springs Resort & Spa		—		13		143		139			—			13		282		295		146		—		1997		40
JW Marriott Hotel Rio de Janeiro		—		13		29		3			(26	)		5		14		19		2		—		2010		40
JW Marriott Houston		—		4		26		41			—			6		65		71		34		—		1994		40
JW Marriott Mexico City		—		11		35		19			—			10		55		65		45		—		1996		40
JW Marriott Washington D.C.		—		26		98		61			—			26		159		185		78		—		2003		40
Key Bridge Marriott		—		—		38		36			—			—		74		74		66		—		1997		40
Manchester Grand Hyatt, San Diego		—		—		548		54			—			—		602		602		100		—		2011		35
Manhattan Beach Marriott		—		—		29		30			—			—		59		59		33		—		1997		40
Marina del Rey Marriott		—		—		13		31			—			—		44		44		23		—		1995		40
Marriott Marquis San Diego Marina		—		—		202		283			—			—		485		485		238		—		1996		40
Miami Marriott Biscayne Bay		—		—		27		34			—			—		61		61		42		—		1998		40
Minneapolis Marriott City Center		—		34		27		43			—			34		70		104		55		—		1995		40
New Orleans Marriott		—		16		96		126			—			16		222		238		139		—		1996		40
New York Marriott Downtown		—		19		79		48			—			19		127		146		71		—		1997		40
New York Marriott Marquis		—		49		552		215			—			49		767		816		546		—		1986		40
New Zealand Hotel Portfolio		36		—		37		(7	)		(3	)		—		27		27		7		—		2011		35
Newark Liberty International Airport Marriott		—		—		30		46			—			—		76		76		41		—		1984		40
Newport Beach Marriott Bayview		—		6		14		12			—			6		26		32		15		—		1988		40
Newport Beach Marriott Hotel & Spa		—		11		13		116			—			8		132		140		80		—		1988		40
Orlando World Center Marriott		—		18		157		375			—			29		521		550		247		—		1997		40

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

REAL ESTATE AND ACCUMULATED DEPRECIATION (continued)

December 31, 2015

(in millions)

	Initial Cost						Subsequent		Foreign			Gross Amount at December 31, 2015								Date of
					Buildings &		Costs		Currency					Buildings &				Accumulated		Completion of		Date		Depreciation
Description	Debt		Land		Improvements		Capitalized		Adjustment			Land		Improvements		Total		Depreciation		Construction		Acquired		Life
Philadelphia Airport Marriott		—		—		42		17		—			—		59		59		30		—		1995		40
Residence Inn Arlington Pentagon City		—		6		29		11		—			6		40		46		21		—		1996		40
Rio de Janeiro Parque Olympico Hotels		—		21		39		—		(28	)		11		21		32		1		2014		—		35
San Antonio Marriott Rivercenter		—		—		86		84		—			—		170		170		90		—		1996		40
San Antonio Marriott Riverwalk		—		—		45		30		—			—		75		75		39		—		1995		40
San Cristobal Tower, Santiago		—		7		15		2		(7	)		5		12		17		4		—		2006		40
San Francisco Marriott Fisherman’s Wharf		—		6		20		21		—			6		41		47		27		—		1994		40
San Francisco Marriott Marquis		—		—		278		114		—			—		392		392		249		—		1989		40
San Ramon Marriott		—		—		22		22		—			—		44		44		24		—		1996		40
Santa Clara Marriott		—		—		39		56		—			—		95		95		82		—		1989		40
Scottsdale Marriott at McDowell Mountains		—		8		48		7		—			8		55		63		17		—		2004		40
Scottsdale Marriott Suites Old Town		—		3		20		10		—			3		30		33		17		—		1996		40
Seattle Airport Marriott		—		3		42		20		—			3		62		65		46		—		1998		40
Sheraton Boston Hotel		—		42		262		68		—			42		330		372		98		—		2006		40
Sheraton Indianapolis Hotel at Keystone Crossing		—		3		51		33		—			8		79		87		25		—		2006		40
Sheraton Memphis Downtown Hotel		—		—		16		50		—			—		66		66		32		—		1998		40
Sheraton New York Times Square Hotel		—		346		409		200		—			346		609		955		187		—		2006		40
Sheraton Parsippany Hotel		—		8		30		19		—			8		49		57		17		—		2006		40
Sheraton San Diego Hotel & Marina		—		—		328		36		—			—		364		364		99		—		2006		40
Sheraton Santiago Hotel & Convention Center		—		19		11		13		(11	)		14		18		32		8		—		2006		40
Swissôtel Chicago		—		29		132		83		—			29		215		244		88		—		1998		40
Tampa Airport Marriott		—		—		9		24		—			—		33		33		27		—		1971		40
The Camby Hotel		—		10		63		9		—			10		72		82		35		—		1998		40
The Fairmont Kea Lani, Maui		—		55		294		59		—			55		353		408		110		—		2004		40
The Logan		—		26		60		21		—			27		80		107		42		—		1998		40
The Phoenician Hotel		—		72		307		—		—			72		307		379		6		—		2015		32
The Ritz-Carlton, Amelia Island		—		25		115		77		—			25		192		217		92		—		1998		40
The Ritz-Carlton, Buckhead		—		14		81		63		—			15		143		158		84		—		1996		40
The Ritz-Carlton, Marina del Rey		—		—		52		29		—			—		81		81		47		—		1997		40

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

REAL ESTATE AND ACCUMULATED DEPRECIATION (continued)

December 31, 2015

(in millions)

	Initial Cost						Subsequent			Foreign			Gross Amount at December 31, 2015								Date of
					Buildings &		Costs			Currency					Buildings &				Accumulated		Completion of		Date		Depreciation
Description	Debt		Land		Improvements		Capitalized			Adjustment			Land		Improvements		Total		Depreciation		Construction		Acquired		Life
The Ritz-Carlton, Naples		—		19		126		136			—			21		260		281		145		—		1996		40
The Ritz-Carlton, Naples Golf Resort		—		22		10		71			—			22		81		103		28		2002		—		40
The Ritz-Carlton, Tysons Corner		—		—		89		26			—			—		115		115		55		—		1998		40
The St. Regis Houston		—		6		33		20			—			6		53		59		21		—		2006		40
The Westin Buckhead Atlanta		—		5		84		32			—			6		115		121		52		—		1998		40
The Westin Chicago River North		—		33		116		11			—			33		127		160		18		—		2010		40
The Westin Cincinnati		—		—		54		15			—			—		69		69		22		—		2006		40
The Westin Denver Downtown		—		—		89		17			—			—		106		106		30		—		2006		40
The Westin Georgetown, Washington D.C.		—		16		80		15			—			16		95		111		29		—		2006		40
The Westin Indianapolis		—		12		100		16			—			12		116		128		32		—		2006		40
The Westin Kierland Resort & Spa		—		100		280		24			—			100		304		404		74		—		2006		40
The Westin Los Angeles Airport		—		—		102		19			—			—		121		121		36		—		2006		40
The Westin Mission Hills Resort & Spa		—		40		47		(40	)		—			13		34		47		20		—		2006		40
The Westin New York Grand Central		—		156		152		79			—			156		231		387		65		—		2011		40
The Westin Seattle		—		39		175		33			—			39		208		247		54		—		2006		40
The Westin South Coast Plaza, Costa Mesa		—		—		46		22			—			—		68		68		33		—		2006		40
The Westin Waltham-Boston		—		9		59		17			—			9		76		85		23		—		2006		40
Toronto Marriott Downtown Eaton Centre Hotel		—		—		27		20			—			—		47		47		29		—		1995		40
W New York		—		138		102		71			—			138		173		311		62		—		2006		40
W New York - Union Square		—		48		145		10			—			48		155		203		23		—		2010		40
W Seattle		—		11		125		5			—			11		130		141		33		—		2006		40
Washington Dulles Airport Marriott		—		—		3		41			—			—		44		44		36		—		1970		40
Washington Marriott at Metro Center		—		20		24		27			—			20		51		71		32		—		1994		40
Westfields Marriott Washington Dulles		—		7		32		18			—			7		50		57		30		—		1994		40
YVE Hotel Miami		—		15		41		—			—			15		41		56		2		—		2014		33
Total hotels:		349		2,074		9,301		4,418			(124	)		2,036		13,633		15,669		5,760
Other properties, each less than 5% of total		—		4		4		13			—			8		13		21		7		—		various		40
TOTAL	$	349	$	2,078	$	9,305	$	4,431		$	(124	)	$	2,044	$	13,646	$	15,690	$	5,767

HOST HOTELS & RESORTS, INC., AND SUBSIDIARIES

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

REAL ESTATE AND ACCUMULATED DEPRECIATION

December 31, 2015

(in millions)

Notes:

(A)	The change in total cost of properties for the fiscal years ended December 31, 2015, 2014 and 2013 is as follows:

Balance at December 31, 2012	$	15,661
Additions:
Acquisitions		184
Capital expenditures and transfers from construction-in-progress		353
Deductions:
Dispositions and other		(789	)
Impairments		(1	)
Balance at December 31, 2013		15,408
Additions:
Acquisitions		137
Capital expenditures and transfers from construction-in-progress		288
Deductions:
Dispositions and other		(501	)
Impairments		(6	)
Balance at December 31, 2014		15,326
Additions:
Acquisitions		419
Capital expenditures and transfers from construction-in-progress		391
Deductions:
Dispositions and other		(368	)
Impairments		—
Assets held for sale		(78	)
Balance at December 31, 2015	$	15,690

(B)	The change in accumulated depreciation and amortization of real estate assets for the fiscal years ended December 31, 2015, 2014 and 2013 is as follows:

Balance at December 31, 2012	$	4,768
Depreciation and amortization		550
Dispositions and other		(270	)
Balance at December 31, 2013		5,048
Depreciation and amortization		547
Dispositions and other		(219	)
Balance at December 31, 2014		5,376
Depreciation and amortization		566
Dispositions and other		(148	)
Depreciation on assets held for sale		(27	)
Balance at December 31, 2015	$	5,767

(C)	The aggregate cost of real estate for federal income tax purposes is approximately $10,634 million at December 31, 2015.

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