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GOODWILL AND INTANGIBLES, NET (Tables) | 9 Months Ended
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Sep. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Goodwill | We did not recognize any goodwill impairment charges as a result of the analyses. The following table presents the carrying value of goodwill:
| Management and franchising |  | Owned and leased |  | Distribution |  | Overhead |  | Unallocated (1) |  |  | Total
Goodwill at January 1, 2025 | $ | 1,495 |  |  | $ | 34 |  |  | $ | 675 |  |  | $ | 2 |  |  | $ | 335 |  |  |  | $ | 2,541 |
Additions (Note 7) | — |  |  | — |  |  | — |  |  | — |  |  | 964 |  |  |  | 964 |
Measurement period adjustments (Note 7) | 42 |  |  | — |  |  | — |  |  | — |  |  | (132) |  |  |  | (90) |
Allocations and other adjustments (1) | 1,078 |  |  | — |  |  | 108 |  |  | (2) |  |  | (1,184) |  |  |  | — |
Foreign currency translation adjustments | 16 |  |  | — |  |  | — |  |  | — |  |  | 17 |  |  |  | 33 |
Goodwill at September 30, 2025 | $ | 2,631 |  |  | $ | 34 |  |  | $ | 783 |  |  | $ | — |  |  | $ | — |  |  |  | $ | 3,448 |
(1) During the three months ended September 30, 2025, we completed the allocations of the preliminary goodwill balances attributed to the Playa Hotels Acquisition and Bahia Principe Transaction to our reporting units (see Note 7).
Schedule of Finite-Lived Intangible Assets |
|  |  | September 30, 2025
| Weighted- average useful lives in years |  | Gross carrying value |  | Accumulated amortization |  | Net carrying value
Management and hotel services agreement and franchise agreement intangibles | 20 |  | $ | 1,564 |  |  | $ | (356) |  |  | $ | 1,208 |
Brand and other indefinite-lived intangibles | — |  | 814 |  |  | — |  |  | 814 |
Customer relationships intangibles | 10 |  | 411 |  |  | (189) |  |  | 222 |
Other intangibles | 10 |  | 36 |  |  | (15) |  |  | 21 |
Total |  |  | $ | 2,825 |  |  | $ | (560) |  |  | $ | 2,265 |
|  |  | December 31, 2024
|  |  | Gross carrying value |  | Accumulated amortization |  | Net carrying value
Management and hotel services agreement and franchise agreement intangibles |  |  | $ | 1,368 |  |  | $ | (290) |  |  | $ | 1,078 |
Brand and other indefinite-lived intangibles |  |  | 806 |  |  | — |  |  | 806 |
Customer relationships intangibles |  |  | 410 |  |  | (153) |  |  | 257 |
Other intangibles |  |  | 35 |  |  | (9) |  |  | 26 |
Total |  |  | $ | 2,619 |  |  | $ | (452) |  |  | $ | 2,167 |
Schedule of Indefinite-Lived Intangible Assets |
|  |  | September 30, 2025
| Weighted- average useful lives in years |  | Gross carrying value |  | Accumulated amortization |  | Net carrying value
Management and hotel services agreement and franchise agreement intangibles | 20 |  | $ | 1,564 |  |  | $ | (356) |  |  | $ | 1,208 |
Brand and other indefinite-lived intangibles | — |  | 814 |  |  | — |  |  | 814 |
Customer relationships intangibles | 10 |  | 411 |  |  | (189) |  |  | 222 |
Other intangibles | 10 |  | 36 |  |  | (15) |  |  | 21 |
Total |  |  | $ | 2,825 |  |  | $ | (560) |  |  | $ | 2,265 |
|  |  | December 31, 2024
|  |  | Gross carrying value |  | Accumulated amortization |  | Net carrying value
Management and hotel services agreement and franchise agreement intangibles |  |  | $ | 1,368 |  |  | $ | (290) |  |  | $ | 1,078 |
Brand and other indefinite-lived intangibles |  |  | 806 |  |  | — |  |  | 806 |
Customer relationships intangibles |  |  | 410 |  |  | (153) |  |  | 257 |
Other intangibles |  |  | 35 |  |  | (9) |  |  | 26 |
Total |  |  | $ | 2,619 |  |  | $ | (452) |  |  | $ | 2,167 |
Schedule of Intangible Assets Amortization Expense |
| Three Months Ended September 30, |  |  |  | Nine Months Ended September 30,
| 2025 |  | 2024 |  |  |  |  |  | 2025 |  | 2024
Amortization expense | $ | 38 |  |  | $ | 31 |  |  |  |  |  |  | $ | 111 |  |  | $ | 98 |

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