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v3.25.1

Geographic and Business Segment Information - Segment Reporting Information, by Segment (Details) - USD ($) $ in Millions | 3 Months Ended
--- | ---
Mar. 31, 2025 | Mar. 31, 2024
Segment Reporting Information [Line Items] |  |
Total Revenues | $ 1,594 | $ 1,471
Other property-level expenses | 111 | 104
Other segment items | (10) | (10)
Segment EBITDA | 512 | 477
Depreciation and amortization | (196) | (180)
Corporate and other expenses | (31) | (27)
Net gain on property insurance settlements | 0 | 21
Interest income | 8 | 18
Interest expense | (57) | (47)
Other gains | 4 | 0
Equity in earnings of affiliates | 10 | 8
Benefit for income taxes | 1 | 2
NET INCOME | 251 | 272
Capital Expenditures | 146 | 103
Hotel Ownership |  |
Segment Reporting Information [Line Items] |  |
Total Revenues | 1,594 | 1,471
Other property-level expenses | 111 | 104
Other segment items | (10) | (10)
Segment EBITDA | 512 | 477
Capital Expenditures | 146 | 103
Rooms |  |
Segment Reporting Information [Line Items] |  |
Total Revenues | 938 | 853
Expenses | 225 | 202
Rooms | Hotel Ownership |  |
Segment Reporting Information [Line Items] |  |
Total Revenues | 938 | 853
Expenses | 225 | 202
Food and beverage |  |
Segment Reporting Information [Line Items] |  |
Total Revenues | 503 | 473
Expenses | 323 | 295
Food and beverage | Hotel Ownership |  |
Segment Reporting Information [Line Items] |  |
Total Revenues | 503 | 473
Expenses | 323 | 295
Other |  |
Segment Reporting Information [Line Items] |  |
Total Revenues | 153 | 145
Expenses | 364 | 334
Other | Hotel Ownership |  |
Segment Reporting Information [Line Items] |  |
Total Revenues | 153 | 145
Expenses | 364 | 334
Management fees |  |
Segment Reporting Information [Line Items] |  |
Expenses | 69 | 69
Management fees | Hotel Ownership |  |
Segment Reporting Information [Line Items] |  |
Expenses | $ 69 | $ 69

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