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Marriott hotels Form: What You Should Know

Starwood Hotels & Resorts Worldwide, Inc. 1180 Century Oaks Dr., Suite 800. Beverly Hills, CA 90211. By Mail: Corporate Secretary, Marriott Hotel Division SALES REFERRAL LINKS TO CERTIFIED BANKS REFERRAL LINKS TO CREDITORS AND REGISTERED TRUST COMPANIES REFERRAL LINKS TO FINANCIAL ADVISORS REGARDING THE INVESTMENT OF MARRIOTT HOTELS AND RESORTS SHARES HOTEL DESCRIPTIONS MARRIOTT HOTELS & RESORTS IN THE UNITED STATES AND CANADA The following is a brief synopsis of each hotel described in these reports (together with the relevant information on each of those hotels in the Marriott Hotel Index) and the hotels they serve: • All of Marriott's hotels are located in the United States and Canada. Marriott, its affiliates and their affiliates' financial statements are included within the United States and Canada segments of the hotel businesses of Marriott International (except as otherwise noted), and therefore, all of Marriott's hotel operating segment information is included in the United States and Canada segments of its subsidiary, Marriott International. • All Marriott's hotels offer the core products and services of a bed and breakfast hotel. These include and include breakfast, in-room dining, business center, and laundry services, but do not include a business-class or any specialty lounge or convention center services. • Each hotel on the list was reviewed and evaluated for compliance with U. S. Bank Securitization Standards. Marriott International, Inc. Marriott International, Inc. provides its hotels and serviced accommodations in a wide range of formats and environments, from traditional hotels to “high-end” and “chic-fusion” concepts; from convention center and resort facilities, to international hotels in the United States and Canada; from regional business centers, to urban or global destinations. The company's properties are managed for financial performance in compliance with industry standards, as well as by an independent consultant who analyzes the company's balance sheet to determine financial stability; Marriott International, Inc.'s chief credit officer reviewed the company's consolidated financial statements individually and was personally responsible for determining the adequacy of the Company's consolidated and individual consolidated statements of financial position and cash flows for each of the years presented; and all executives of the company reviewed quarterly and annual consolidated financial statements, the results of the annual audit, and annual reconciliations.

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