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Group income statement - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Statement [Line Items]      
Revenue from insurance activities $ 27 $ 23 $ 21
Total revenue 5,189 4,923 4,624
Cost of sales (764) (745) (742)
System Fund and reimbursable expenses (2,767) (2,694) (2,441)
Administrative expenses (354) (359) (338)
Insurance expenses (36) (29) (23)
Share of profits of associates and joint ventures 6 10 31
Other operating income 14 10 21
Depreciation and amortisation (67) (65) (67)
Impairment (loss)/reversal on financial assets (21) (10) 1
Other net impairment charges (2) 0 0
Operating profit 1,198 1,041 1,066
Operating profit analysed as:      
Operating profit before System Fund, reimbursables and exceptional items 1,265 1,124 1,019
System Fund and reimbursable result (46) (83) 19
Operating exceptional items (21) 0 28
Operating profit 1,198 1,041 1,066
Financial income 49 63 39
Financial expenses (202) (178) (126)
Foreign exchange gains/(losses) 37 (25) [1] 35 [1]
Remeasurement of contingent purchase consideration (8) (4) (4)
Profit before tax 1,074 897 1,010
Tax (315) (269) (260)
Profit for the year 759 628 750
Attributable to:      
Equity holders of the parent 758 628 750
Non-controlling interest $ 1 $ 0 $ 0
Earnings per ordinary share      
Basic (in dollars per share) $ 4.909 $ 3.896 $ 4.438
Diluted (in dollars per share) $ 4.865 $ 3.853 $ 4.412
Revenue from fee business      
Statement [Line Items]      
Revenue $ 1,897 $ 1,774 $ 1,672
Revenue from owned & leased hotels      
Statement [Line Items]      
Revenue 544 515 471
System Fund And Reimbursable Revenues      
Statement [Line Items]      
Revenue $ 2,721 $ 2,611 $ 2,460
[1] In 2025, foreign exchange gains/(losses) have been presented on a separate line. The 2024 and 2023 amounts were previously presented within
‘Financial expenses’.