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Revenue
6 Months Ended
Jun. 30, 2025
Revenue from Contract with Customer [Abstract]  
Revenue Revenue
Substantially all our operating results represent revenues and expenses generated by property-level operations. Payments are due from customers when services are provided to them. Due to the short-term nature of our contracts and the almost concurrent receipt of payment, we have no material unearned revenue at quarter end. We collect sales, use, occupancy and similar taxes from our customers, which we present on a net basis (excluded from revenues) on our statements of operations.
Disaggregation of Revenues. While we do not consider the following disclosure of hotel revenues by location to consist of reportable segments, we have disaggregated hotel revenues by market location. Our revenues also are presented by country in Note 10 – Geographic and Business Segment Information.
By Location. The following table presents hotel revenues for each of the geographic locations in our consolidated hotel portfolio (in millions):
Quarter ended June 30,Year-to-date ended June 30,
Location2025202420252024
Orlando$132 $116 $277 $258 
Florida Gulf Coast122 120 276 288 
San Diego134 134 263 270 
New York134 103 228 175 
Phoenix92 95 216 215 
Maui104 88 216 194 
San Francisco/San Jose101 88 208 194 
Washington, D.C. (Central Business District)94 106 188 186 
Miami71 61 160 145 
Oahu49 10 99 19 
Houston36 37 78 78 
Jacksonville45 43 78 74 
Boston46 46 76 76 
Los Angeles/Orange County35 33 70 66 
San Antonio31 29 65 64 
Chicago43 42 64 63 
Nashville34 29 63 29 
New Orleans27 27 60 58 
Seattle32 31 51 50 
Northern Virginia25 27 49 49 
Denver28 29 47 48 
Philadelphia24 24 43 41 
Atlanta19 16 38 33 
Austin14 23 37 46 
Other85 80 183 170 
Domestic1,557 1,437 3,133 2,889 
International29 29 47 48 
Total $1,586 $1,466 $3,180 $2,937