Business Segment Information (Tables)

3 Months Ended

Mar. 31, 2022

Segment Reporting [Abstract]

Reconciliation of Revenues from Consolidated Hotels to Condensed Combined Consolidated Amounts and Net Loss to Hotel Adjusted EBITDA

The following table presents revenues for our consolidated hotels reconciled to our consolidated amounts and net loss to Hotel Adjusted EBITDA:

	Three Months Ended March 31,
	2022			2021
	(in millions)
Revenues:
Total consolidated hotel revenues	$	463		$	157
Other revenues		16			8
Total revenues	$	479		$	165
Net loss	$	(56	)	$	(191	)
Other revenues		(16	)		(8	)
Depreciation and amortization expense		69			74
Corporate general and administrative expense		16			18
Other operating expenses		16			7
Interest expense		62			63
Equity in losses from investments in affiliates		—			4
Income tax expense		—			1
Other gain, net		(5	)		—
Other items		3			(4	)
Hotel Adjusted EBITDA	$	89		$	(36	)

Schedule of Total Assets by Consolidated Hotels, Reconciled to Total Assets

The following table presents total assets for our consolidated hotels, reconciled to total assets:

	March 31, 2022		December 31, 2021
	(in millions)
Consolidated hotels	$	9,683	$	9,724
All other		20		19
Total assets	$	9,703	$	9,743