FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public
Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

MARRIOTT RICHARD E
2. Issuer Name and Ticker or Trading Symbol

HOST HOTELS & RESORTS, INC. [ HST ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
Chairman of the Board
(Last)          (First)          (Middle)

6903 ROCKLEDGE DRIVE, SUITE 1500
3. Date of Earliest Transaction (MM/DD/YYYY)

11/20/2008
(Street)

BETHESDA, MD 20817
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock   11/20/2008     P    100000   A $4.996   5471416   D    
Common Stock - Other   11/20/2008     J (1)    1400   A $0   1303066   I   by Partnership  
Common Stock - Retirement Shares                  1800   D    
Common Stock - SpTrstee                  505413   I   by Trust  
Common Stock - Spouse                  75364   I   by Spouse  
Common Stock - Trust 03                  136739   I   by Trust  
Common Stock - Trust 04                  125480   I   by Trust  
Common Stock - Trust 05                  100036   I   by Trust  
Common Stock - Trust 06                  136739   I   by Trust  
Common Stock - Trust 07                  107282   I   by Trust  
Common Stock - Trust 08                  71783   I   by Trust  
Common Stock - Trust 09                  122283   I   by Trust  
Common Stock - Trust 10                  136788   I   by Trust  
Common Stock - Trust 11                  77117   I   by Trust  
Common Stock - Trust 12                  70770   I   by Trust  
Common Stock - Trust 13                  56420   I   by Trust  
Common Stock - Trust 14                  77117   I   by Trust  
Common Stock - Trust 15                  60515   I   by Trust  
Common Stock - Trust 16                  40485   I   by Trust  
Common Stock - Trust 17                  68967   I   by Trust  
Common Stock - Trust 18                  77139   I   by Trust  

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Explanation of Responses:
( 1)  This is a correction of the Common Stock - Other account due to a database calculation error. All transactions have been previously reported by reporting person.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
MARRIOTT RICHARD E
6903 ROCKLEDGE DRIVE
SUITE 1500
BETHESDA, MD 20817
X
Chairman of the Board

Signatures
By: Elizabeth A. Abdoo For: Richard E. Marriott 11/21/2008
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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