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DEBT - Narrative (Details)
€ in Millions, SFr in Millions
3 Months Ended 9 Months Ended 12 Months Ended
Jun. 11, 2025
USD ($)
Sep. 30, 2025
USD ($)
property
Jun. 30, 2025
USD ($)
Sep. 30, 2024
USD ($)
Sep. 30, 2025
USD ($)
Sep. 30, 2024
USD ($)
Sep. 30, 2024
CHF (SFr)
Dec. 31, 2024
USD ($)
hotel
Sep. 30, 2025
EUR (€)
Dec. 31, 2024
EUR (€)
Debt Instrument                    
Long-term debt and lease obligation   $ 6,014,000,000     $ 6,014,000,000     $ 3,782,000,000    
Current maturities of long-term debt   407,000,000     407,000,000     456,000,000    
Unamortized discount and deferred financing fees   $ 36,000,000     36,000,000     27,000,000    
Disposal Group, Held-for-Sale, Not Discontinued Operations | Playa Hotels Portfolio                    
Debt Instrument                    
Number of properties sold | property   1                
Interest Rate Swap                    
Debt Instrument                    
Derivative, notional amount | €                 € 38  
Senior Notes                    
Debt Instrument                    
Proceeds from issuance of debt         990,000,000          
Unamortized discount and deferred financing fees   $ 10,000,000     10,000,000          
2028 Notes | Senior Notes                    
Debt Instrument                    
Long-term debt   $ 500,000,000     $ 500,000,000          
Debt instrument, interest rate, stated percentage   5.05%     5.05%       5.05%  
Issue price percentage         99.905%          
2032 Notes | Senior Notes                    
Debt Instrument                    
Long-term debt   $ 500,000,000     $ 500,000,000          
Debt instrument, interest rate, stated percentage   5.75%     5.75%       5.75%  
Issue price percentage         99.936%          
2029 Notes | Senior Notes                    
Debt Instrument                    
Long-term debt   $ 600,000,000     $ 600,000,000          
Debt instrument, interest rate, stated percentage   5.25%     5.25%       5.25%  
Issue price percentage           99.496% 99.496%      
Proceeds from issuance of debt           $ 450,000,000        
2034 Notes | Senior Notes                    
Debt Instrument                    
Long-term debt   $ 350,000,000     $ 350,000,000          
Debt instrument, interest rate, stated percentage   5.50%     5.50%       5.50%  
Issue price percentage           98.86% 98.86%      
2029 Notes 5.250% And 2034 Notes | Senior Notes                    
Debt Instrument                    
Proceeds from issuance of debt           $ 786,000,000        
Unamortized discount and deferred financing fees       $ 14,000,000   14,000,000        
2024 Notes | Senior Notes                    
Debt Instrument                    
Long-term debt       $ 750,000,000   $ 750,000,000        
Debt instrument, interest rate, stated percentage       1.80%   1.80%        
2025 Notes | Senior Notes                    
Debt Instrument                    
Long-term debt   $ 450,000,000   $ 746,000,000 $ 450,000,000 $ 746,000,000        
Repayments of long-term debt       753,000,000 $ 460,000,000          
Debt instrument, interest rate, stated percentage   5.375%     5.375%       5.375%  
Interest expense, debt       $ 7,000,000 $ 10,000,000          
Variable Rate Mortgage Loan                    
Debt Instrument                    
Long-term debt, gross   $ 59,000,000     59,000,000     52,000,000   € 50
Medium-Term Note | Secured Debt                    
Debt Instrument                    
Proceeds from new debt         51,000,000   SFr 41 $ 45,000,000    
2026 Notes | Senior Notes                    
Debt Instrument                    
Long-term debt   $ 400,000,000     $ 400,000,000          
Debt instrument, interest rate, stated percentage   4.85%     4.85%       4.85%  
2027 Notes | Senior Notes                    
Debt Instrument                    
Long-term debt   $ 600,000,000     $ 600,000,000          
Debt instrument, interest rate, stated percentage   5.75%     5.75%       5.75%  
2028 Notes | Senior Notes                    
Debt Instrument                    
Long-term debt   $ 400,000,000     $ 400,000,000          
Debt instrument, interest rate, stated percentage   4.375%     4.375%       4.375%  
2030 Notes | Senior Notes                    
Debt Instrument                    
Long-term debt   $ 450,000,000     $ 450,000,000          
Debt instrument, interest rate, stated percentage   5.75%     5.75%       5.75%  
2031 Notes | Senior Notes                    
Debt Instrument                    
Long-term debt   $ 450,000,000     $ 450,000,000          
Debt instrument, interest rate, stated percentage   5.375%     5.375%       5.375%  
Secured Debt | Delayed Draw Term Loan (DDTL) | Line of Credit                    
Debt Instrument                    
Long-term debt   $ 1,700,000,000     $ 1,700,000,000          
Proceeds from issuance of debt     $ 1,694,000,000              
Debt issuance costs   6,000,000     6,000,000          
Repayments of long-term debt   22,000,000                
Long-term debt   $ 1,678,000,000     1,678,000,000          
Secured Debt | Delayed Draw Term Loan (DDTL) | Line of Credit | Minimum | Base Rate                    
Debt Instrument                    
Debt instrument, variable rate   0.00%                
Secured Debt | Delayed Draw Term Loan (DDTL) | Line of Credit | Minimum | Secured Overnight Financing Rate (SOFR)                    
Debt Instrument                    
Debt instrument, variable rate   0.815%                
Secured Debt | Delayed Draw Term Loan (DDTL) | Line of Credit | Maximum | Base Rate                    
Debt Instrument                    
Debt instrument, variable rate   0.425%                
Secured Debt | Delayed Draw Term Loan (DDTL) | Line of Credit | Maximum | Secured Overnight Financing Rate (SOFR)                    
Debt Instrument                    
Debt instrument, variable rate   1.425%                
Secured Debt | Playa Hotels Term Loans | Line of Credit                    
Debt Instrument                    
Repayments of long-term debt         1,078,000,000          
Interest expense, debt $ 3,000,000                  
Revolving Credit Facility                    
Debt Instrument                    
Number of businesses acquired | hotel               3    
Proceeds from revolving credit facility during period           $ 0        
Repayments of revolving credit facility during period         0          
Revolving credit facility, outstanding balance   $ 0     0     $ 0    
Line of credit facility, remaining borrowing capacity   $ 1,497,000,000     $ 1,497,000,000