XML 110 R99.htm IDEA: XBRL DOCUMENT v3.25.3
SEGMENT INFORMATION - Schedule of Summarized Consolidated Financial Information by Segment (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Segment Reporting Information        
Total revenues $ 1,786 $ 1,629 $ 5,312 $ 5,046
Segment revenues        
Segment Reporting Information        
Total revenues 917 789 2,647 2,591
Gross fees        
Segment Reporting Information        
Total revenues 283 268 891 805
Base management fees        
Segment Reporting Information        
Total revenues 107 97 334 295
Incentive management fees        
Segment Reporting Information        
Total revenues 53 52 191 170
Franchise and other fees        
Segment Reporting Information        
Total revenues 123 119 366 340
Owned and leased        
Segment Reporting Information        
Total revenues 429 287 952 910
Rooms and packages        
Segment Reporting Information        
Total revenues 334 198 696 581
Food and beverage        
Segment Reporting Information        
Total revenues 54 58 153 222
Other        
Segment Reporting Information        
Total revenues 41 31 103 107
Distribution        
Segment Reporting Information        
Total revenues 192 221 769 818
Other revenues        
Segment Reporting Information        
Total revenues 13 13 35 58
Contra revenue        
Segment Reporting Information        
Total revenues (34) (27) (69) (56)
Revenues for reimbursed costs        
Segment Reporting Information        
Total revenues 903 867 2,734 2,511
Operating Segments        
Segment Reporting Information        
Total revenues 1,807 1,642 5,362 5,101
Operating Segments | Management and franchising        
Segment Reporting Information        
Total revenues 1,179 1,131 3,625 3,330
Operating Segments | Owned and leased        
Segment Reporting Information        
Total revenues 436 290 968 927
Operating Segments | Distribution        
Segment Reporting Information        
Total revenues 192 221 769 844
Operating Segments | Segment revenues        
Segment Reporting Information        
Total revenues 938 802 2,697 2,646
Operating Segments | Segment revenues | Management and franchising        
Segment Reporting Information        
Total revenues 310 291 960 875
Operating Segments | Segment revenues | Owned and leased        
Segment Reporting Information        
Total revenues 436 290 968 927
Operating Segments | Segment revenues | Distribution        
Segment Reporting Information        
Total revenues 192 221 769 844
Operating Segments | Gross fees        
Segment Reporting Information        
Total revenues 298 279 926 844
Operating Segments | Gross fees | Management and franchising        
Segment Reporting Information        
Total revenues 298 279 926 844
Operating Segments | Gross fees | Owned and leased        
Segment Reporting Information        
Total revenues 0 0 0 0
Operating Segments | Gross fees | Distribution        
Segment Reporting Information        
Total revenues 0 0 0 0
Operating Segments | Base management fees        
Segment Reporting Information        
Total revenues 113 105 353 321
Operating Segments | Base management fees | Management and franchising        
Segment Reporting Information        
Total revenues 113 105 353 321
Operating Segments | Base management fees | Owned and leased        
Segment Reporting Information        
Total revenues 0 0 0 0
Operating Segments | Base management fees | Distribution        
Segment Reporting Information        
Total revenues 0 0 0 0
Operating Segments | Incentive management fees        
Segment Reporting Information        
Total revenues 55 53 196 178
Operating Segments | Incentive management fees | Management and franchising        
Segment Reporting Information        
Total revenues 55 53 196 178
Operating Segments | Incentive management fees | Owned and leased        
Segment Reporting Information        
Total revenues 0 0 0 0
Operating Segments | Incentive management fees | Distribution        
Segment Reporting Information        
Total revenues 0 0 0 0
Operating Segments | Franchise and other fees        
Segment Reporting Information        
Total revenues 130 121 377 345
Operating Segments | Franchise and other fees | Management and franchising        
Segment Reporting Information        
Total revenues 130 121 377 345
Operating Segments | Franchise and other fees | Owned and leased        
Segment Reporting Information        
Total revenues 0 0 0 0
Operating Segments | Franchise and other fees | Distribution        
Segment Reporting Information        
Total revenues 0 0 0 0
Operating Segments | Owned and leased        
Segment Reporting Information        
Total revenues 436 290 968 927
Operating Segments | Owned and leased | Management and franchising        
Segment Reporting Information        
Total revenues 0 0 0 0
Operating Segments | Owned and leased | Owned and leased        
Segment Reporting Information        
Total revenues 436 290 968 927
Operating Segments | Owned and leased | Distribution        
Segment Reporting Information        
Total revenues 0 0 0 0
Operating Segments | Rooms and packages        
Segment Reporting Information        
Total revenues 341 201 712 598
Operating Segments | Rooms and packages | Management and franchising        
Segment Reporting Information        
Total revenues 0 0 0 0
Operating Segments | Rooms and packages | Owned and leased        
Segment Reporting Information        
Total revenues 341 201 712 598
Operating Segments | Rooms and packages | Distribution        
Segment Reporting Information        
Total revenues 0 0 0 0
Operating Segments | Food and beverage        
Segment Reporting Information        
Total revenues 54 58 153 222
Operating Segments | Food and beverage | Management and franchising        
Segment Reporting Information        
Total revenues 0 0 0 0
Operating Segments | Food and beverage | Owned and leased        
Segment Reporting Information        
Total revenues 54 58 153 222
Operating Segments | Food and beverage | Distribution        
Segment Reporting Information        
Total revenues 0 0 0 0
Operating Segments | Other        
Segment Reporting Information        
Total revenues 41 31 103 107
Operating Segments | Other | Management and franchising        
Segment Reporting Information        
Total revenues 0 0 0 0
Operating Segments | Other | Owned and leased        
Segment Reporting Information        
Total revenues 41 31 103 107
Operating Segments | Other | Distribution        
Segment Reporting Information        
Total revenues 0 0 0 0
Operating Segments | Distribution        
Segment Reporting Information        
Total revenues 192 221 769 818
Operating Segments | Distribution | Management and franchising        
Segment Reporting Information        
Total revenues 0 0 0 0
Operating Segments | Distribution | Owned and leased        
Segment Reporting Information        
Total revenues 0 0 0 0
Operating Segments | Distribution | Distribution        
Segment Reporting Information        
Total revenues 192 221 769 818
Operating Segments | Other revenues        
Segment Reporting Information        
Total revenues 12 12 34 57
Operating Segments | Other revenues | Management and franchising        
Segment Reporting Information        
Total revenues 12 12 34 31
Operating Segments | Other revenues | Owned and leased        
Segment Reporting Information        
Total revenues 0 0 0 0
Operating Segments | Other revenues | Distribution        
Segment Reporting Information        
Total revenues 0 0 0 26
Operating Segments | Contra revenue        
Segment Reporting Information        
Total revenues (34) (27) (69) (56)
Operating Segments | Contra revenue | Management and franchising        
Segment Reporting Information        
Total revenues (34) (27) (69) (56)
Operating Segments | Contra revenue | Owned and leased        
Segment Reporting Information        
Total revenues 0 0 0 0
Operating Segments | Contra revenue | Distribution        
Segment Reporting Information        
Total revenues 0 0 0 0
Operating Segments | Revenues for reimbursed costs        
Segment Reporting Information        
Total revenues 903 867 2,734 2,511
Operating Segments | Revenues for reimbursed costs | Management and franchising        
Segment Reporting Information        
Total revenues 903 867 2,734 2,511
Operating Segments | Revenues for reimbursed costs | Owned and leased        
Segment Reporting Information        
Total revenues 0 0 0 0
Operating Segments | Revenues for reimbursed costs | Distribution        
Segment Reporting Information        
Total revenues 0 0 0 0
Eliminations        
Segment Reporting Information        
Total revenues (21) (13) (50) (55)
Eliminations | Management and franchising        
Segment Reporting Information        
Total revenues (14) (10) (34) (38)
Eliminations | Owned and leased        
Segment Reporting Information        
Total revenues (7) (3) (16) (17)
Eliminations | Distribution        
Segment Reporting Information        
Total revenues 0 0 0 0
Eliminations | Segment revenues        
Segment Reporting Information        
Total revenues (21) (13) (50) (55)
Eliminations | Gross fees        
Segment Reporting Information        
Total revenues (15) (11) (35) (39)
Eliminations | Base management fees        
Segment Reporting Information        
Total revenues (6) (8) (19) (26)
Eliminations | Incentive management fees        
Segment Reporting Information        
Total revenues (2) (1) (5) (8)
Eliminations | Franchise and other fees        
Segment Reporting Information        
Total revenues (7) (2) (11) (5)
Eliminations | Owned and leased        
Segment Reporting Information        
Total revenues (7) (3) (16) (17)
Eliminations | Rooms and packages        
Segment Reporting Information        
Total revenues (7) (3) (16) (17)
Eliminations | Food and beverage        
Segment Reporting Information        
Total revenues 0 0 0 0
Eliminations | Other        
Segment Reporting Information        
Total revenues 0 0 0 0
Eliminations | Distribution        
Segment Reporting Information        
Total revenues 0 0 0 0
Eliminations | Other revenues        
Segment Reporting Information        
Total revenues 1 1 1 1
Eliminations | Contra revenue        
Segment Reporting Information        
Total revenues 0 0 0 0
Eliminations | Revenues for reimbursed costs        
Segment Reporting Information        
Total revenues $ 0 $ 0 $ 0 $ 0