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Host Hotels & Resorts Sells the 1,663-room Atlanta Marriott Marquis
in Atlanta, Georgia for $293 Million

BETHESDA, Md., Jan. 17, 2013-- Host Hotels & Resorts, Inc. (NYSE:HST) today announced that on January 11 Host Hotels & Resorts, L.P. ("Host LP") sold the 1,663-room Atlanta Marriott Marquis in Atlanta, GA for $293 million. The hotel is subject to a long-term management agreement with Marriott International, Inc. The proceeds will be used to fund future acquisitions, pay down debt or for general corporate purposes.

"I am excited to report our continued success in executing our asset sale strategy. In the past 12 months, we have sold four hotels for approximately $450 million. This sale meaningfully reduces our overall market presence in Atlanta, which now represents approximately 3% of our total revenues," said Gregory J. Larson, executive vice president, corporate strategy.


Host Hotels & Resorts, Inc. is an S&P 500 and Fortune 500 company and is the largest lodging real estate investment trust and one of the largest owners of luxury and upper-upscale hotels. The Company currently owns 104 properties in the United States and 15 properties internationally totaling over 64,000 rooms. The Company also holds non-controlling interests in a joint venture in Europe that owns 19 hotels with over 6,100 rooms and a joint venture in Asia that owns one hotel with approximately 300 rooms in Australia and a minority interest in seven hotels with approximately 1,750 rooms in India, two of which recently opened in Bangalore and five that are in various stages of development in two cities. Guided by a disciplined approach to capital allocation and aggressive asset management, the Company partners with premium brands such as Marriott®, Ritz-Carlton®, Westin®, Sheraton®, W®, St. Regis®, Le Meridien ®, The Luxury Collection®, Hyatt®, Fairmont®, Four Seasons®, Hilton®, Swissotel®, ibis®, Pullman®, and Novotel®* in the operation of properties in over 50 major markets worldwide. For additional information, please visit the Company's website at

*This press release contains registered trademarks that are the exclusive property of their respective owners. None of the owners of these trademarks has any responsibility or liability for any information contained in this press release.

Gregory J. Larson
Executive Vice President
Gee Lingberg
Vice President
Web Site:

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Also See: Host Hotels & Resorts' European Joint Venture Acquires Five Hotels from Whitehall Comprising 1,733 Rooms / December 2012

White Lodging & Host Hotels & Resorts Break Ground on New 225-room Hyatt Place Nashville/Downtown in Tennessee; Hotel is scheduled to open in fourth quarter of 2013 / August 2012

Host Hotels & Resorts to Develop Three New Hotels; Enters Agreement for a Novotel and an ibis Hotel in Rio de Janeiro, Brazil and Through a Joint Venture with White Lodging will Develop the Hyatt Place Nashville/Downtown in Tennessee / June 2012

Host Hotels & Resorts, Inc. Closes on Sale of the San Francisco Airport Marriott to Inland American Lodging Group for $112.7 million / March 2012

Jim Risoleo Named Executive Vice President and Managing Director, Europe for Host Hotels & Resorts / November 2011

Host Hotels & Resorts Promotes Tim Marvin to Managing Director, Americas and Appoints Rogerio Miranda de Souza as Senior Vice President, Acquisitions Brazil / August 2011

Host Hotels & Resorts, Inc. Names Timothy Marvin Senior Vice President, Acquisitions - Former Marriott International, Inc. Executive to Oversee Acquisitions in the Americas / October 2010

Host Hotels & Resorts, Inc. Acquires 266-room Le Meridien Piccadilly in London for $97 million (US) Including Assumption of Mortgage / July 2010

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