Host Names Timothy Marvin SVP Acquisitions
Former Marriott International, Inc. Executive to Oversee Acquisitions in the Americas
BETHESDA, MD - October 5, 2010 - Host Hotels & Resorts, Inc. (NYSE: HST) today announces the appointment of Timothy Marvin as senior vice president, acquisitions. Marvin will focus on identifying Host's real estate investments in North America, Brazil and Latin America. He is based at Host's headquarters in Bethesda, Maryland, and reports to Jim Risoleo, executive vice president and chief investment officer.
Marvin brings more than 27 years of hotel and real estate development experience to Host. Most recently, he was senior vice president, lodging development at Marriott International, Inc. where he was responsible for developing the company's full-service brand portfolio in 24 states within the east, central, south-central and southeast portions of the United States. Marvin also promoted the launch of the Autograph Collection, Marriott's collection of independent boutique hotels. During his 23-year tenure at Marriott, he has supervised or directed numerous management and franchise contract negotiations and development projects as well as conducted feasibility studies.
"We have worked with Tim for many years during his tenure at Marriott International, Inc.," said Risoleo. "We are honored to welcome him to our team."
Additionally, Marvin currently serves on the scholarship committee for the American Hotel & Lodging Educational Foundation and as advisory board member of Michigan State University in The School of Hospitality Business. He earned his Bachelor of Science in Business Administration degree from Michigan State University in hotel, restaurant and institutional management.
About Host Hotels & Resorts
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 112 properties with over 61,000 rooms in the United States, Canada, Mexico, Chile and the United Kingdom. The Company also has ownership interests in a joint venture in Europe that owns 11 hotels with approximately 3,500 rooms and a second joint venture in Asia that is developing seven properties in India with approximately 1,750 rooms. 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®, The Luxury Collection®, Hyatt®, Fairmont®, Four Seasons®, Hilton®, Accor®, Swissotel® and Le Meridien®* in the operation of properties in over 50 major markets worldwide. For additional information, please visit the Company's website at www.hosthotels.com.
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Marriott International, Inc. (NASDAQ: MAR) is a global leading lodging company based in Bethesda,Maryland, USA, with more than 4,200 properties in 80 countries and territories. Marriott International reported revenues of nearly $14 billion in fiscal year 2014. The company operates and franchises hotels and licenses vacation ownership resorts under 19 brands, including: The Ritz-Carlton®, BVlgari®, EDITION®, JW Marriott®, Autograph Collection® Hotels, Renaissance® Hotels, Marriott Hotels®, Delta Hotels and Resorts®, Marriott Executive Apartments®, Marriott Vacation Club®, Gaylord Hotels®, AC Hotels by Marriott®, Courtyard®, Residence Inn®, SpringHill Suites®, Fairfield Inn & Suites®, TownePlace Suites®, Protea Hotels® and MoxyHotels®. Marriott has been consistently recognized as a top employer and for its superior business ethics. The company also manages the award-winning guest loyalty program, Marriott Rewards® and The Ritz-Carlton Rewards® program, which together surpass 50 million members. For more information or reservations, please visit our website at 
