SCHEDULE III

Page 1 of 6

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

REAL ESTATE AND ACCUMULATED DEPRECIATION

December 31, 2013

(in millions)

	Initial Cost						Subsequent		Foreign		Gross Amount at December 31, 2013								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	$	35	$	—	$	15	$	42	$	57	$	25		—		1976		40
Atlanta Marriott Suites Midtown		—		—		26		9		—		—		35		35		17		—		1996		40
Boston Marriott Copley Place		—		—		203		64		—		—		267		267		96		—		2002		40
Calgary Marriott		—		5		18		17		—		5		35		40		20				1996		40
Chicago Marriott O'Hare		—		4		26		54		—		4		80		84		50		—		1998		40
Chicago Marriott Suites Downers Grove		—		2		14		7		—		2		21		23		11		—		1989		40
Chicago Marriott Suites O'Hare		—		5		36		9		—		5		45		50		19		—		1997		40
Coronado Island Marriott Resort & Spa		—		—		53		26		—		—		79		79		40		—		1997		40
Costa Mesa Marriott		—		3		18		7		—		3		25		28		13		—		1996		40
Courtyard Chicago Downtown/ River North		—		7		27		14		—		7		41		48		22		—		1992		40
Courtyard Nashua		—		3		14		5		—		2		20		22		14		—		1989		40
Dayton Marriott		—		2		30		8		—		2		38		40		16		—		1998		40
Delta Meadowvale Hotel & Conference Center		—		4		20		27		—		4		47		51		26		—		1996		40
Denver Marriott Tech Center Hotel		—		6		26		29		—		6		55		61		29		—		1994		40
Denver Marriott West		—		—		12		11		—		—		23		23		16		—		1983		40
Embassy Suites Chicago –Downtown/Lakefront		—		—		86		8		—		—		94		94		24		—		2004		40
Four Seasons Hotel Philadelphia		—		26		60		21		—		27		80		107		37		—		1998		40
Gaithersburg Marriott Washingtonian Center		—		7		22		12		—		7		34		41		17		—		1993		40
Grand Hyatt Atlanta in Buckhead		—		8		88		23		—		8		111		119		46		—		1998		40
Grand Hyatt Washington		—		154		247		12		—		154		259		413		14		—		2012		33
Greensboro-Highpoint Marriott Airport		—		—		19		13		—		—		32		32		18		—		1983		40
Harbor Beach Marriott Resort & Spa		150		—		62		101		—		—		163		163		86		—		1997		40

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

REAL ESTATE AND ACCUMULATED DEPRECIATION (continued)

December 31, 2013

(in millions)

	Initial Cost						Subsequent		Foreign			Gross Amount at December 31, 2013								Date of
					Buildings &		Costs		Currency					Buildings &				Accumulated		Completion of		Date		Depreciation
Description	Debt		Land		Improvements		Capitalized		Adjustment			Land		Improvements		Total		Depreciation		Construction		Acquired		Life
Hilton Melbourne South Wharf		71		—		136		4		(30	)		—		110		110		11		—		2011		31
Hilton Singer Island Oceanfront Resort		—		2		10		20		—			2		30		32		16		—		1986		40
Houston Airport Marriott at George Bush Intercontinental		—		—		10		39		—			—		49		49		42		—		1984		40
Houston Marriott at the Texas Medical Center		—		—		19		19		—			—		38		38		23		—		1998		40
Hyatt Place Waikiki Beach		—		12		120		—		—			12		120		132		2		—		2013		34
Hyatt Regency Cambridge, Overlooking Boston		—		18		84		6		—			19		89		108		44		—		1998		40
Hyatt Regency Maui Resort & Spa		—		92		212		28		—			81		251		332		74		—		2003		40
Hyatt Regency Reston		100		11		78		21		—			12		98		110		41		—		1998		40
Hyatt Regency San Francisco Airport		—		16		119		53		—			20		168		188		69		—		1998		40
Hyatt Regency Washington on Capitol Hill		—		40		230		38		—			40		268		308		62		—		2006		40
JW Marriott Atlanta Buckhead		—		16		21		25		—			16		46		62		28		—		1990		40
JW Marriott Desert Springs Resort & Spa		—		13		143		132		—			13		275		288		122		—		1997		40
JW Marriott Hotel Rio de Janeiro		—		13		29		2		(12	)		9		23		32		2		—		2010		40
JW Marriott Houston		—		4		26		22		—			6		46		52		29		—		1994		40
JW Marriott Mexico City		—		11		35		15		—			10		51		61		37		—		1996		40
JW Marriott Washington, D.C.		—		26		98		44		—			26		142		168		64		—		2003		40
Kansas City Airport Marriott		—		—		8		25		—			—		33		33		29		—		1993		40
Key Bridge Marriott		—		—		38		31		—			—		69		69		62		—		1997		40
Manchester Grand Hyatt, San Diego		—		—		548		27		—			—		575		575		54		—		2011		35
Manhattan Beach Marriott		—		—		29		26		—			—		55		55		28		—		1997		40
Marina del Rey Marriott		—		—		13		24		—			—		37		37		20		—		1995		40
Marriott at Metro Center		—		20		24		25		—			20		49		69		27		—		1994		40
Memphis Marriott Downtown		—		—		16		37		—			—		53		53		26		—		1998		40

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

REAL ESTATE AND ACCUMULATED DEPRECIATION (continued)

December 31, 2013

(in millions)

	Initial Cost						Subsequent			Foreign		Gross Amount at December 31, 2013								Date of
					Buildings &		Costs			Currency				Buildings &				Accumulated		Completion of		Date		Depreciation
Description	Debt		Land		Improvements		Capitalized			Adjustment		Land		Improvements		Total		Depreciation		Construction		Acquired		Life
Miami Marriott Biscayne Bay		—		—		27		30			—		—		57		57		35		—		1998		40
Minneapolis Marriott City Center		—		—		27		42			—		—		69		69		48		—		1986		40
New Orleans Marriott		—		16		96		112			—		16		208		224		117		—		1996		40
New York Marriott Downtown		—		19		79		39			—		19		118		137		60		—		1997		40
New York Marriott Marquis		—		49		552		178			—		49		730		779		492		—		1986		40
Newark Liberty International Airport Marriott		—		—		30		26			—		—		56		56		29		—		1984		40
Newport Beach Marriott Bayview		—		6		14		9			—		6		23		29		13		—		1975		40
Newport Beach Marriott Hotel & Spa		100		11		13		110			—		8		126		134		73		—		1975		40
New Zealand Hotel Portfolio		87		34		105		(3	)		11		34		113		147		10		—		2011		35
Orlando World Center Marriott		—		18		157		356			—		29		502		531		204		—		1997		40
Park Ridge Marriott		—		—		20		12			—		—		32		32		15		—		1987		40
Philadelphia Airport Marriott		—		—		42		17			—		—		59		59		25		—		1995		40
Philadelphia Marriott Downtown		—		3		144		110			—		11		246		257		109		—		1995		40
Residence Inn Arlington Pentagon City		—		6		29		11			—		6		40		46		18		—		1996		40
San Antonio Marriott Rivercenter		—		—		86		83			—		—		169		169		77		—		1996		40
San Antonio Marriott Riverwalk		—		—		45		17			—		—		62		62		33		—		1995		40
San Cristobal Tower, Santiago		—		7		15		1			—		7		16		23		4		—		2006		40
San Diego Marriott Marquis & Marina		—		—		202		278			—		—		480		480		198		—		1996		40
San Diego Marriott Mission Valley		—		4		23		15			—		4		38		42		19		—		1998		40
San Francisco Marriott Fisherman’s Wharf		—		6		20		20			—		6		40		46		23		—		1994		40
San Francisco Marriott Marquis		—		—		278		110			—		—		388		388		219		—		1989		40

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

REAL ESTATE AND ACCUMULATED DEPRECIATION (continued)

December 31, 2013

(in millions)

	Initial Cost						Subsequent		Foreign			Gross Amount at December 31, 2013								Date of
					Buildings &		Costs		Currency					Buildings &				Accumulated		Completion of		Date		Depreciation
Description	Debt		Land		Improvements		Capitalized		Adjustment			Land		Improvements		Total		Depreciation		Construction		Acquired		Life
San Ramon Marriott		—		—		22		21		—			—		43		43		20		—		1996		40
Santa Clara Marriott		—		—		39		55		—			—		94		94		75		—		1989		40
Scottsdale Marriott at McDowell Mountains		—		8		48		7		—			8		55		63		13		—		2004		40
Scottsdale Marriott Suites Old Town		—		3		20		10		—			3		30		33		14		—		1988		40
Seattle Airport Marriott		—		3		42		20		—			3		62		65		39		—		1998		40
Sheraton Boston Hotel		—		42		262		50		—			42		312		354		71		—		2006		40
Sheraton Indianapolis Hotel at Keystone Crossing		—		3		51		27		—			3		78		81		16		—		2006		40
Sheraton Needham Hotel		—		5		27		12		—			5		39		44		9		—		1986		40
Sheraton New York Times Square Hotel		—		346		409		183		—			346		592		938		131		—		2006		40
Sheraton Parsippany Hotel		—		8		30		17		—			8		47		55		12		—		2006		40
Sheraton San Diego Hotel & Marina		—		—		328		31		—			—		359		359		76		—		2006		40
Sheraton Santiago Hotel & Convention Center		—		19		11		8		(1	)		19		18		37		7		—		2006		40
Swissôtel Chicago		—		29		132		82		—			30		213		243		73		—		1998		40
Tampa Airport Marriott		—		—		9		22		—			—		31		31		24		—		2000		40
Tampa Marriott Waterside Hotel & Marina		—		11		84		14		—			11		98		109		37		2000		—		40
The Fairmont Kea Lani, Maui		—		55		294		34		—			55		328		383		84		—		2003		40
The Ritz-Carlton, Amelia Island		—		25		115		69		—			25		184		209		76		—		1998		40
The Ritz-Carlton, Buckhead		—		14		81		63		—			15		143		158		72		—		1996		40
The Ritz-Carlton, Marina del Rey		—		—		52		26		—			—		78		78		41		—		1997		40
The Ritz-Carlton, Naples		201		19		126		129		—			21		253		274		122		—		1996		40
The Ritz-Carlton, Naples Golf Resort		—		22		10		67		—			22		77		99		22		2002		—		40
The Ritz-Carlton, Phoenix		—		10		63		8		—			10		71		81		31		—		1998		40
The Ritz-Carlton, Tysons Corner		—		—		89		19		—			—		108		108		47		—		1998		40
The St. Regis Houston		—		6		33		18		—			6		51		57		15		—		2006		40

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

REAL ESTATE AND ACCUMULATED DEPRECIATION (continued)

December 31, 2013

(in millions)

	Initial Cost						Subsequent			Foreign			Gross Amount at December 31, 2013								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 Westin Buckhead Atlanta		—		5		84		25			—			6		108		114		44		—		1998		40
The Westin Chicago River North		—		33		116		2			—			33		118		151		10		—		2010		40
The Westin Cincinnati		—		—		54		13			—			—		67		67		17		—		2006		40
The Westin Denver Downtown		—		—		89		12			—			—		101		101		22		—		2006		40
The Westin Georgetown, Washington, D.C.		—		16		80		14			—			16		94		110		23		—		2006		40
The Westin Indianapolis		—		12		100		8			—			12		108		120		24		—		2006		40
The Westin Kierland Resort & Spa		—		100		280		21			—			100		301		401		57		—		2006		40
The Westin Los Angeles Airport		—		—		102		15			—			—		117		117		28		—		2006		40
The Westin Mission Hills Resort & Spa		—		40		47		(41	)		—			13		33		46		17		—		2006		40
The Westin New York Grand Central		—		156		152		75			—			156		227		383		32		—		2011		40
The Westin Seattle		—		39		175		23			—			39		198		237		39		—		2006		40
The Westin South Coast Plaza, Costa Mesa		—		—		46		10			—			—		56		56		25		—		2006		40
The Westin Waltham-Boston		—		9		59		11			—			9		70		79		16		—		2006		40
Toronto Marriott Downtown Eaton Centre Hotel		—		—		27		19			—			—		46		46		25		—		1995		40
W New York		—		138		102		64			—			138		166		304		43		—		2006		40
W New York – Union Square		—		48		145		7			—			48		152		200		14		—		2010		40
W Seattle		—		11		125		5			—			11		130		141		25		—		2006		40
Washington Dulles Airport Marriott		—		—		3		37			—			—		40		40		33		—		1970		40
Westfields Marriott Washington Dulles		—		7		32		16			—			7		48		55		27		—		1994		40
Total hotels:		709		1,966		9,359		4,076			(32	)		1,952		13,417		15,369		5,037
Other properties, each less than 5% of total		—		21		4		17			(3	)		21		18		39		11		—		various		40
TOTAL	$	709	$	1,987	$	9,363	$	4,093		$	(35	)	$	1,973	$	13,435	$	15,408	$	5,048

HOST HOTELS & RESORTS, INC., AND SUBSIDIARIES

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

REAL ESTATE AND ACCUMULATED DEPRECIATION

December 31, 2013

(in millions)

Notes:

(A)	The change in total cost of properties for the fiscal years ended December 31, 2013, 2012 and 2011 is as follows:

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
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

(B)	The change in accumulated depreciation and amortization of real estate assets for the fiscal years ended December 31, 2013, 2012 and 2011 is as follows:

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
Depreciation and amortization		550
Dispositions and other		(270	)
Balance at December 31, 2013	$	5,048

(C)	The aggregate cost of real estate for federal income tax purposes is approximately $10,745 million at December 31, 2013.

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