Host Hotels & Resorts (HST) 8-K Other Events

EXHIBIT 99.4

SCHEDULE III

Page 1 of 3

HOST HOTELS & RESORTS, INC. AND SUBSIDIARIES

REAL ESTATE AND ACCUMULATED DEPRECIATION

December 31, 2009

(in millions)

Description(1)	Debt		Initial Costs					Subsequent Costs Capitalized			Gross Amount at December 31, 2009								Date of Completion of Construction		Date Acquired		Depreciation Life
			Land		Buildings & Improvements						Land		Buildings & Improvements		Total		Accumulated Depreciation
Hotels:
The Ritz-Carlton, Amelia Island, Florida	$	—	$	25	$	115		$	50		$	25	$	165	$	190	$	46		—		1998		40
Four Seasons, Atlanta, Georgia		—		5		48			18			6		65		71		20		—		1998		40
Grand Hyatt, Atlanta, Georgia		—		8		88			16			8		104		112		31		—		1998		40
Atlanta Marquis, Georgia		124		13		184			158			16		339		355		81		—		1998		40
Atlanta Midtown Suites, Georgia		—		—		26			8			—		34		34		12		—		1996		40
Westin Buckhead, Georgia		—		5		84			20			6		103		109		31		—		1998		40
Miami Biscayne Bay, Florida		—		—		27			20			—		47		47		18		—		1998		40
Boston Marriott Copley Place, Massachusetts		—		—		203			45			—		248		248		54		—		2002		40
Hyatt Regency, Burlingame, California		—		16		119			49			20		164		184		47		—		1998		40
Calgary, Canada		34		5		18			14			5		32		37		14		—		1996		40
Hyatt Regency, Cambridge, Massachusetts		—		18		84			(4	)		19		79		98		30		—		1998		40
Chicago/Downtown Courtyard, Illinois		—		7		27			11			7		38		45		15		—		1992		40
Chicago Embassy Suites, Illinois		—		—		86			5			—		91		91		13		—		2004		40
Chicago O’Hare, Illinois		—		4		26			37			4		63		67		46		—		1998		40
Chicago O’Hare Suites, Illinois		—		5		36			6			5		42		47		13		—		1997		40
Swissôtel, Chicago, Illinois		—		29		132			70			30		201		231		46		—		1998		40
Coronado Island Resort, California		—		—		53			25			—		78		78		24		—		1997		40
Costa Mesa Suites, California		—		3		18			6			3		24		27		9		—		1996		40
Dallas Quorum, Texas		—		14		27			17			14		44		58		19		—		1994		40
Dayton, Ohio		—		2		30			7			2		37		39		11		—		1998		40
Hyatt DC Capitol Hill, Washington, D.C.		—		40		230			16			40		246		286		27		—		2006		40
The Ritz-Carlton, Dearborn, Michigan		—		8		51			(37	)		2		20		22		18		—		1998		40
Denver Tech Center, Colorado		—		6		26			26			6		52		58		19		—		1994		40
Westin Tabor Center, Colorado		39		—		89			6			—		95		95		9		—		2006		40
Desert Springs Resort and Spa, California		77		13		143			110			14		252		266		79		—		1997		40
Gaithersburg/Washingtonian Center, Maryland		—		7		22			8			7		30		37		11		—		1993		40
Harbor Beach Resort, Florida		134		—		62			89			—		151		151		55		—		1997		40
Houston Airport, Texas		—		—		10			37			—		47		47		35		—		1984		40
Houston Medical Center, Texas		—		—		19			17			—		36		36		14		—		1998		40
Westin Indianapolis, Indiana		—		11		100			6			12		105		117		11		—		2006		40
JW Marriott Hotel at Lenox, Georgia		—		16		21			17			16		38		54		20		—		1990		40
JW Marriott Houston, Texas		—		4		26			22			6		46		52		22		—		1994		40
JWDC, Washington, D.C.		119		26		98			40			26		138		164		40		—		2003		40
Kansas City Airport, Missouri		—		—		8			21			—		29		29		25		—		1993		40
Westin Kierland, Arizona		—		100		280			4			100		284		384		24		—		2006		40
Fairmont Kea Lani, Hawaii		—		55		294			11			55		305		360		44		—		2003		40
Key Bridge, Virginia		—		—		38			31			—		69		69		50		—		1997		40
Manhattan Beach, California		—		7		29			13			—		49		49		20		—		1997		40
Marina Beach, California		—		—		13			23			—		36		36		14		—		1995		40
Maui Hyatt, Hawaii		—		92		212			21			92		233		325		39		—		2003		40
Memphis, Tennessee		—		—		16			34			—		50		50		19		—		1998		40
Mexico/Polanco, Mexico		—		11		35			7			10		43		53		25		—		1996		40
McDowell Mountains, Arizona		—		8		48			3			8		51		59		7		—		2004		40
Minneapolis City Center, Minnesota		—		—		27			38			—		65		65		36		—		1986		40
New Orleans, Louisiana		—		16		96			106			16		202		218		74		—		1996		40
New York Financial Center, New York		—		19		79			38			19		117		136		41		—		1997		40
New York Marquis, New York		—		—		552			129			—		681		681		384		—		1986		40
Newark Airport, New Jersey		—		—		30			4			—		34		34		16		—		1984		40
Newport Beach, California		100		11		13			112			11		125		136		56		—		1975		40
Orlando World Center Marriott, Florida		300		18		157			311			29		457		486		130		—		1997		40
Pentagon City Residence Inn, Virginia		—		6		29			6			6		35		41		13		—		1996		40
Philadelphia Airport, Pennsylvania		—		—		42			7			—		49		49		17		—		1995		40
Philadelphia CC and HH, Pennsylvania		—		3		144			66			11		202		213		72		—		1995		40
Four Seasons, Philadelphia, Pennsylvania		—		26		60			20			27		79		106		26		—		1998		40
Portland, Oregon		—		6		40			20			6		60		66		24		—		1994		40
Hyatt Regency, Reston, Virginia		—		11		78			17			12		94		106		28		—		1998		40
The Ritz-Carlton, Phoenix, Arizona		—		10		63			5			10		68		78		22		—		1998		40
The Ritz-Carlton, Tysons Corner, Virginia		—		—		89			13			—		102		102		33		—		1998		40
The Ritz-Carlton, San Francisco, California		—		31		123			20			31		143		174		44		—		1998		40
San Antonio Rivercenter, Texas		—		—		86			67			—		153		153		50		—		1996		40
San Antonio Riverwalk, Texas		—		—		45			17			—		62		62		22		—		1995		40
San Diego Hotel and Marina, California		—		—		202			207			—		409		409		121		—		1996		40
San Diego Mission Valley, California		—		4		23			10			4		33		37		12		—		1998		40
San Francisco Airport, California		—		11		48			37			12		84		96		33		—		1994		40
San Francisco Fisherman’s Wharf, California		—		6		20			16			6		36		42		16		—		1994		40
San Francisco Moscone Center, California		—		—		278			70			—		348		348		158		—		1989		40
San Ramon, California		—		—		22			16			—		38		38		13		—		1996		40
Santa Clara, California		—		—		39			52			—		91		91		58		—		1989		40
Seattle SeaTac Airport, Washington		—		3		42			15			3		57		60		25		—		1998		40
Tampa Waterside, Florida		—		—		—			105			11		94		105		24		2000		—		40
The Ritz-Carlton, Buckhead, Georgia		—		14		81			57			15		137		152		47		—		1996		40
The Ritz-Carlton, Marina del Rey, California		—		—		52			23			—		75		75		29		—		1997		40
The Ritz-Carlton, Naples, Florida		200		19		126			92			21		216		237		87		—		1996		40
The Ritz-Carlton, Naples Golf Lodge, Florida		—		6		—			66			6		66		72		14		2002		—		40
Toronto Airport, Canada		23		5		24			15			5		39		44		14		—		1996		40
Toronto Eaton Center, Canada		35		—		27			16			—		43		43		15		—		1995		40
Toronto Delta Meadowvale, Canada		32		4		20			17			4		37		41		17		—		1996		40
Dulles Airport, Washington, D.C.		—		—		3			34			—		37		37		28		—		1970		40
Washington Metro Center, Washington D.C.		—		20		24			18			20		42		62		16		—		1994		40
Westfields, Virginia		—		7		32			15			7		47		54		18		—		1994		40
Sheraton Boston, Massachusetts		—		42		262			30			42		292		334		27		—		2006		40
Sheraton, Indianapolis, Indiana		—		3		51			1			3		52		55		5		—		2006		40
Sheraton New York Hotel & Towers, New York		—		346		409			29			346		438		784		45		—		2006		40
Sheraton, Parsippany, New Jersey		—		8		30			6			8		36		44		4		—		2006		40
Sheraton Santiago Hotel & Convention Center, Chile		—		19		11			2			19		13		32		2		—		2006		40
San Cristobal Tower, Santiago, Chile		—		7		15			1			7		16		23		1		—		2006		40
St. Regis Hotel, Houston, Texas		—		6		33			11			6		44		50		5		—		2006		40
W New York, New York		—		138		102			29			138		131		269		15		—		2006		40
W Seattle, Washington		—		11		125			—			11		125		136		12		—		2006		40
Westin Cincinnati, Ohio		—		—		54			9			—		63		63		7		—		2006		40
Westin Grand, Washington, D.C.		—		16		80			9			16		89		105		9		—		2006		40
Westin Los Angeles Airport, California		—		—		102			11			—		113		113		11		—		2006		40
Westin Mission Hills Resort, California		—		38		49			11			38		60		98		7		—		2006		40
Westin Seattle, Washington		—		39		175			2			39		177		216		17		—		2006		40
Westin South Coast Plaza, California		—		—		47			8			—		55		55		11		—		2006		40
Westin Waltham Boston, Massachusetts		—		9		59	��		7			9		66		75		7		—		2006		40
Sheraton San Diego Marina, California		—		—		328			18			—		346		346		32		—		2006		40
Atlanta Perimeter Center, Georgia		—		—		7			33			15		25		40		18		—		1976		40
Denver West, Colorado		—		—		12			10			—		22		22		12		—		1983		40
Greensboro, North Carolina		—		—		19			8			—		27		27		11		—		1983		40
Courtyard Nashua, New Hampshire		—		3		14			6			3		20		23		11		—		1989		40
Hilton Singer Island Oceanfront Resort, Florida		—		3		10			11			2		22		24		11		—		1986		40
Park Ridge, New Jersey		—		—		20			10			—		30		30		9		—		1987		40
Rocky Hill, Connecticut		—		—		17			5			—		22		22		10		—		1991		40
South Bend, Indiana		—		—		8			9			—		17		17		8		—		1981		40
Downers Grove Suites, Illinois		—		2		14			5			2		19		21		7		—		1989		40
Newport Beach Bay view Suites, California		—		6		14			8			6		22		28		7		—		1975		40
Scottsdale Old Town Suites, Arizona		—		3		20			6			3		26		29		8		—		1988		40
Tampa Airport, Florida		—		—		9			17			—		26		26		19		—		2000		40
Sheraton Needham Hotel, Massachusetts		—		5		27			2			5		29		34		3		—		1986		40
Total hotels:		1,217		1,523		8,240			3,294			1,574		11,483		13,057		3,391
Other properties, each less than 5% of total		—		—		7			12			—		19		19		13				various		40
TOTAL	$	1,217	$	1,523	$	8,247		$	3,306		$	1,574	$	11,502	$	13,076	$	3,404

(1) Each hotel is operated as a Marriott-brand hotel unless otherwise indicated by its name.

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SCHEDULE III

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HOST HOTELS & RESORTS, INC. AND SUBSIDIARIES

REAL ESTATE AND ACCUMULATED DEPRECIATION

December 31, 2009

(in millions)

Notes:

(A) The change in total cost of properties for the fiscal years ended December 31, 2009, 2008 and 2007 is as follows:

Balance at December 31, 2006	$	12,317
Additions:
Acquisitions		15
Capital expenditures and transfers from construction-in-progress		411
Deductions:
Dispositions and other		(215	)
Balance at December 31, 2007		12,528
Additions:
Acquisitions		93
Capital expenditures and transfers from construction-in-progress		512
Deductions:
Dispositions and other		(18	)
Balance at December 31, 2008		13,115
Additions:
Acquisitions		2
Capital expenditures and transfers from construction-in-progress		326
Deductions:
Dispositions and other		(265	)
Impairments		(94	)
Assets held for sale		(8	)
Balance at December 31, 2009	$	13,076

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SCHEDULE III

Page 3 of 3

HOST HOTELS & RESORTS, INC. AND SUBSIDIARIES

REAL ESTATE AND ACCUMULATED DEPRECIATION

December 31, 2009

(in millions)

(B) The change in accumulated depreciation and amortization of real estate assets for the fiscal years ended December 31, 2009, 2008 and 2007 is as follows:

Balance at December 31, 2006	$	2,363
Depreciation and amortization		378
Dispositions and other		(90	)
Balance at December 31, 2007		2,651
Depreciation and amortization		430
Dispositions and other		(6	)
Balance at December 31, 2008		3,075
Depreciation and amortization		451
Dispositions and other		(121	)
Depreciation on assets held for sale		(1	)
Balance at December 31, 2009	$	3,404

(C) The aggregate cost of real estate for federal income tax purposes is approximately $9,601 million at December 31, 2009.

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

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