XML 82 R68.htm IDEA: XBRL DOCUMENT v3.25.2
ACQUISITIONS AND DISPOSITIONS - Acquisitions Narrative (Details)
$ / shares in Units, € in Millions, $ in Millions
1 Months Ended 3 Months Ended 6 Months Ended 12 Months Ended
Jun. 11, 2025
USD ($)
property
$ / shares
Dec. 27, 2024
USD ($)
Dec. 27, 2024
EUR (€)
Oct. 01, 2024
USD ($)
Jun. 30, 2025
USD ($)
Jun. 30, 2025
USD ($)
Jun. 30, 2024
USD ($)
Jun. 30, 2025
USD ($)
Dec. 31, 2024
USD ($)
Dec. 31, 2024
EUR (€)
Jun. 29, 2025
USD ($)
Jun. 10, 2025
Dec. 31, 2024
EUR (€)
Business Combination [Line Items]                          
Equity method investments         $ 221 $ 221   $ 221 $ 189        
Fair value of deferred consideration         22 22   22 38        
Fair value of contingent consideration         208 208   208 $ 214        
Secured Debt | Playa Hotels Term Loans | Line of Credit                          
Business Combination [Line Items]                          
Repayments of long-term debt           1,078              
Interest expense, debt $ 3                        
Playa Hotels Portfolio                          
Business Combination [Line Items]                          
Equity method investments                     $ 200    
Playa Hotels Portfolio | Disposal Group, Held-for-Sale, Not Discontinued Operations                          
Business Combination [Line Items]                          
Disposal group, consideration                     2,000    
Contingent consideration                     $ 143    
Number of business to be disposed of | property 13                        
Me and All Hotels                          
Business Combination [Line Items]                          
Asset acquisition             $ 28            
Playa Hotels Acquisition                          
Business Combination [Line Items]                          
Cash portion of acquisition (in dollars per share) | $ / shares $ 13.50                        
Business combination, beneficial owner, percentage                       9.90%  
Purchase price $ 1,497                        
Number of businesses acquired | property 15                        
Acquiree's revenue since acquisition date         47                
Acquiree's loss since acquisition date         36                
Acquisition related cost         45 65   79          
Total purchase consideration $ 1,533                        
Outstanding liability balance 7                        
Playa Hotels Acquisition | Terminating Employees                          
Business Combination [Line Items]                          
Termination benefits paid 50                        
Termination benefits payable 3                        
Pre-combination vesting 25                        
Post-combination vesting           28              
Playa Hotels Acquisition | Continuing Employees                          
Business Combination [Line Items]                          
Pre-combination vesting 3                        
Post-combination vesting 14                        
Consideration transferred, equity interest $ 17                        
Bahia Principe                          
Business Combination [Line Items]                          
Purchase price   $ 374 € 359                    
Total purchase consideration   465               € 419      
Fair value of deferred consideration   58                     € 60
Outstanding liability balance         $ 356 $ 356   $ 356          
Fair value of contingent consideration   33                      
Business acquisition, remaining interest percent acquired in acquisition         50.00% 50.00%   50.00% 50.00%       50.00%
Increase in intangibles               $ 183          
Increase in other long-term liabilities         $ 47 $ 47   47          
Increase in noncontrolling interests         5 5   5          
Decrease in goodwill               131          
Bahia Principe | Accrued Expenses And Other Current Liabilities                          
Business Combination [Line Items]                          
Outstanding liability balance   20                      
Bahia Principe | Other Long Term Liabilities                          
Business Combination [Line Items]                          
Outstanding liability balance   $ 38                      
Standard International Management, LLC                          
Business Combination [Line Items]                          
Purchase price       $ 151                  
Total purchase consideration       259                  
Outstanding liability balance                 $ 185        
Fair value of contingent consideration       $ 108                  
Business acquisition, remaining interest percent acquired in acquisition                 100.00%       100.00%
Increase in intangibles               41          
Increase in other long-term liabilities         1 1   1          
Decrease in goodwill               (42)          
Business combination, base consideration transferred                 $ 150        
Business combination, long-term contract liabilities         3 3   3          
Business combination adjustment, receivables         $ 1 $ 1   $ 1