BETHESDA, Md., July 7 /PRNewswire-FirstCall/ -- Host Hotels & Resorts, Inc. (NYSE: HST) today announced that Starwood Hotels & Resorts Worldwide, Inc. ("Starwood") will retain ownership of two hotels located in Fiji, the Sheraton Fiji Resort and The Westin Royal Denarau Island Resort and Spa, that were included in the original portfolio of 35 hotels to be acquired by Host. The purchase of the hotels had been deferred from the initial closing pending the receipt of certain consents. Both parties mutually agreed that Starwood would discontinue the pursuit of those consents and will retain ownership of the hotels.

About Host Hotels & Resorts

Host Hotels & Resorts, Inc. is a lodging real estate company that currently owns or holds controlling interests in 129 luxury and upper upscale hotel properties primarily operated under premium brands such as Marriott(R), Westin(R), Sheraton(R), Ritz-Carlton(R), Hyatt(R), W(R), Four Seasons(R), St. Regis(R), The Luxury Collection(R), Fairmont(R), Hilton(R) and Swissotel(R)*. For further information please visit the Company's website at http://www.hosthotels.com.

* 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.

SOURCE Host Hotels & Resorts, Inc.

CONTACT: Kevin J. Jacobs, Vice President Corporate Finance, +1-240-744-5212, or Gregory J. Larson, Treasurer, Senior Vice President Investor Relations, +1-240-744-5120, both of Host Hotels & Resorts, Inc.