SCHEDULE III

Page 1 of 5

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

REAL ESTATE AND ACCUMULATED DEPRECIATION

December 31, 2016

(in millions)

	Initial Cost						Subsequent		Foreign			Gross Amount at December 31, 2016								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 Suites Midtown		—		—		26		9		—			—		35		35		21		—		1996		40
Axiom Hotel		—		36		38		39		—			36		77		113		6		—		2014		33
Boston Marriott Copley Place		—		—		203		79		—			—		282		282		129		—		2002		40
Calgary Marriott Downtown		—		5		18		45		—			5		63		68		29		—		1996		40
Chicago Marriott Suites Downers Grove		—		2		14		12		—			2		26		28		14		—		1996		40
Chicago Marriott Suites O'Hare		—		5		36		19		—			5		55		60		25		—		1998		40
Coronado Island Marriott Resort & Spa		—		—		53		45		—			—		98		98		51		—		1997		40
Costa Mesa Marriott		—		3		18		9		—			3		27		30		16		—		1996		40
Courtyard Chicago Downtown/River North		—		7		27		15		—			7		42		49		27		—		1992		40
Denver Marriott Tech Center Hotel		—		6		26		74		—			6		100		106		39		—		1994		40
Denver Marriott West		—		—		12		14		—			—		26		26		20		—		1983		40
Embassy Suites Chicago-Downtown/Lakefront		—		—		86		17		—			—		103		103		35		—		2004		40
Gaithersburg Marriott Washingtonian Center		—		7		22		13		—			7		35		42		22		—		1993		40
Grand Hyatt Atlanta in Buckhead		—		8		88		30		—			8		118		126		58		—		1998		40
Grand Hyatt Washington		—		154		247		29		—			154		276		430		48		—		2012		33
Hilton Melbourne South Wharf		62		—		136		16		(50	)		—		102		102		20		—		2011		31
Hilton Singer Island Oceanfront Resort		—		2		10		22		—			2		32		34		22		—		1994		40
Houston Airport Marriott at George Bush Intercontinental		—		—		10		91		—			—		101		101		55		—		1984		40
Houston Marriott Medical Center		—		—		19		32		—			—		51		51		31		—		1998		40
Hyatt Place Waikiki Beach		—		12		120		2		—			12		122		134		15		—		2013		34
Hyatt Regency Cambridge, Overlooking Boston		—		18		84		11		—			19		94		113		54		—		1998		40
Hyatt Regency Maui Resort & Spa		—		92		212		47		—			81		270		351		105		—		2003		40
Hyatt Regency Reston		—		11		78		29		—			12		106		118		52		—		1998		40
Hyatt Regency San Francisco Airport		—		16		119		107		—			20		222		242		91		—		1998		40
Hyatt Regency Washington on Capitol Hill		—		40		230		41		—			40		271		311		91		—		2005		40
JW Marriott Atlanta Buckhead		—		16		21		28		—			16		49		65		35		—		1990		40
JW Marriott Hotel Rio de Janeiro		—		13		29		4		(21	)		7		18		25		4		—		2010		40
JW Marriott Houston		—		4		26		43		—			6		67		73		38		—		1994		40
JW Marriott Mexico City		—		11		35		20		—			10		56		66		48		—		1996		40
JW Marriott Washington D.C.		—		26		98		63		—			26		161		187		85		—		2003		40
Key Bridge Marriott		—		54		38		36		—			54		74		128		68		—		1997		40

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

REAL ESTATE AND ACCUMULATED DEPRECIATION (continued)

December 31, 2016

(in millions)

	Initial Cost						Subsequent		Foreign			Gross Amount at December 31, 2016								Date of
					Buildings &		Costs		Currency					Buildings &				Accumulated		Completion of		Date		Depreciation
Description	Debt		Land		Improvements		Capitalized		Adjustment			Land		Improvements		Total		Depreciation		Construction		Acquired		Life
Manchester Grand Hyatt, San Diego		—		—		548		61		—			—		609		609		125		—		2011		35
Marina del Rey Marriott		—		—		13		34		—			—		47		47		25		—		1995		40
Marriott Marquis San Diego Marina		—		—		202		376		—			—		578		578		261		—		1996		40
Miami Marriott Biscayne Bay		—		—		27		39		—			—		66		66		46		—		1998		40
Minneapolis Marriott City Center		—		34		27		44		—			34		71		105		58		—		1995		40
New Orleans Marriott		—		16		96		133		—			16		229		245		148		—		1996		40
New York Marriott Downtown		—		19		79		48		—			19		127		146		77		—		1997		40
New York Marriott Marquis		—		49		552		224		—			49		776		825		576		—		1986		40
Newark Liberty International Airport Marriott		—		—		30		47		—			—		77		77		45		—		1984		40
Newport Beach Marriott Bayview		—		6		14		12		—			6		26		32		16		—		1988		40
Newport Beach Marriott Hotel & Spa		—		11		13		116		—			8		132		140		83		—		1988		40
Orlando World Center Marriott		—		18		157		378		—			29		524		553		268		—		1997		40
Philadelphia Airport Marriott		—		—		42		18		—			—		60		60		33		—		1995		40
Residence Inn Arlington Pentagon City		—		6		29		12		—			6		41		47		23		—		1996		40
Rio de Janeiro Parque Olympico Hotels		—		21		39		—		(21	)		12		27		39		2		2014		—		35
San Antonio Marriott Rivercenter		—		—		86		85		—			—		171		171		97		—		1996		40
San Antonio Marriott Riverwalk		—		—		45		32		—			—		77		77		42		—		1995		40
San Francisco Marriott Fisherman’s Wharf		—		6		20		21		—			6		41		47		28		—		1994		40
San Francisco Marriott Marquis		—		—		278		120		—			—		398		398		265		—		1989		40
San Ramon Marriott		—		—		22		24		—			—		46		46		26		—		1996		40
Santa Clara Marriott		—		—		39		59		—			—		98		98		85		—		1989		40
Scottsdale Marriott at McDowell Mountains		—		8		48		7		—			8		55		63		19		—		2004		40
Scottsdale Marriott Suites Old Town		—		3		20		11		—			3		31		34		18		—		1996		40
Sheraton Boston Hotel		—		42		262		68		—			42		330		372		111		—		2006		40
Sheraton Indianapolis Hotel at Keystone Crossing		—		3		51		33		—			8		79		87		29		—		2006		40
Sheraton Memphis Downtown Hotel		—		—		16		50		—			—		66		66		35		—		1998		40
Sheraton New York Times Square Hotel		—		346		409		203		—			346		612		958		215		—		2006		40
Sheraton Parsippany Hotel		—		8		30		19		—			8		49		57		20		—		2006		40
Sheraton San Diego Hotel & Marina		—		—		328		38		—			—		366		366		111		—		2006		40
Swissôtel Chicago		—		29		132		83		—			29		215		244		95		—		1998		40
Tampa Airport Marriott		—		—		9		25		—			—		34		34		28		—		1971		40
The Camby Hotel		—		10		63		28		—			10		91		101		40		—		1998		40
The Fairmont Kea Lani, Maui		—		55		294		64		—			55		358		413		124		—		2004		40
The Logan		—		26		60		68		—			27		127		154		49		—		1998		40

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

REAL ESTATE AND ACCUMULATED DEPRECIATION (continued)

December 31, 2016

(in millions)

	Initial Cost						Subsequent			Foreign			Gross Amount at December 31, 2016								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 Phoenician Hotel		—		72		307		27			—			72		334		406		19		—		2015		32
The Ritz-Carlton, Amelia Island		—		25		115		81			—			25		196		221		100		—		1998		40
The Ritz-Carlton, Buckhead		—		14		81		65			—			15		145		160		89		—		1996		40
The Ritz-Carlton, Marina del Rey		—		—		52		34			—			—		86		86		51		—		1997		40
The Ritz-Carlton, Naples		—		19		126		138			—			21		262		283		156		—		1996		40
The Ritz-Carlton, Naples Golf Resort		—		22		10		74			—			22		84		106		30		2002		—		40
The Ritz-Carlton, Tysons Corner		—		—		89		32			—			—		121		121		59		—		1998		40
The St. Regis Houston		—		6		33		20			—			6		53		59		23		—		2006		40
The Westin Buckhead Atlanta		—		5		84		34			—			6		117		123		56		—		1998		40
The Westin Chicago River North		—		33		116		12			—			33		128		161		22		—		2010		40
The Westin Cincinnati		—		—		54		18			—			—		72		72		26		—		2006		40
The Westin Denver Downtown		—		—		89		19			—			—		108		108		34		—		2006		40
The Westin Georgetown, Washington D.C.		—		16		80		15			—			16		95		111		33		—		2006		40
The Westin Indianapolis		—		12		100		17			—			12		117		129		36		—		2006		40
The Westin Kierland Resort & Spa		—		100		280		25			—			100		305		405		83		—		2006		40
The Westin Los Angeles Airport		—		—		102		19			—			—		121		121		40		—		2006		40
The Westin Mission Hills Resort & Spa		—		40		47		(39	)		—			13		35		48		23		—		2006		40
The Westin New York Grand Central		—		156		152		80			—			156		232		388		82		—		2011		40
The Westin Seattle		—		39		175		33			—			39		208		247		62		—		2006		40
The Westin South Coast Plaza, Costa Mesa		—		—		46		24			—			—		70		70		37		—		2006		40
The Westin Waltham-Boston		—		9		59		18			—			9		77		86		26		—		2006		40
Toronto Marriott Downtown Eaton Centre Hotel		—		—		27		29			—			—		56		56		32		—		1995		40
W New York		—		138		102		72			—			138		174		312		72		—		2006		40
W New York - Union Square		—		48		145		12			—			48		157		205		29		—		2010		40
W Seattle		—		11		125		11			—			11		136		147		37		—		2006		40
Washington Dulles Airport Marriott		—		—		3		41			—			—		44		44		37		—		1970		40
Washington Marriott at Metro Center		—		20		24		28			—			20		52		72		34		—		1994		40
Westfields Marriott Washington Dulles		—		7		32		18			—			7		50		57		32		—		1994		40
YVE Hotel Miami		—		15		41		1			—			15		42		57		4		—		2014		33
Total hotels:		62		2,071		8,955		4,579			(92	)		2,043		13,470		15,513		5,941
Other properties, each less than 5% of total		—		4		1		12			—			4		13		17		8		—		various		40
TOTAL	$	62	$	2,075	$	8,956	$	4,591		$	(92	)	$	2,047	$	13,483	$	15,530	$	5,949

HOST HOTELS & RESORTS, INC., AND SUBSIDIARIES

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

REAL ESTATE AND ACCUMULATED DEPRECIATION

December 31, 2016

(in millions)

Notes:

(A)	The change in total cost of properties for the fiscal years ended December 31, 2016, 2015 and 2014 is as follows:

Balance at December 31, 2013	$	15,245
Additions:
Acquisitions		137
Capital expenditures and transfers from construction-in-progress		285
Deductions:
Dispositions and other		(501	)
Impairments		(6	)
Balance at December 31, 2014		15,160
Additions:
Acquisitions		419
Capital expenditures and transfers from construction-in-progress		383
Deductions:
Dispositions and other		(368	)
Assets held for sale		(78	)
Balance at December 31, 2015		15,516
Additions:
Acquisitions		58
Capital expenditures and transfers from construction-in-progress		510
Deductions:
Dispositions and other		(331	)
Assets held for sale		(223	)
Balance at December 31, 2016	$	15,530

(B)	The change in accumulated depreciation and amortization of real estate assets for the fiscal years ended December 31, 2016, 2015 and 2014 is as follows:

Balance at December 31, 2013	$	4,962
Depreciation and amortization		540
Dispositions and other		(219	)
Balance at December 31, 2014		5,283
Depreciation and amortization		558
Dispositions and other		(148	)
Depreciation on assets held for sale		(27	)
Balance at December 31, 2015		5,666
Depreciation and amortization		572
Dispositions and other		(159	)
Depreciation on assets held for sale		(130	)
Balance at December 31, 2016	$	5,949

(C)	The aggregate cost of real estate for federal income tax purposes is approximately $10,561 million at December 31, 2016.

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