Business Segment Information (Tables)

3 Months Ended

Mar. 31, 2018

Segment Reporting [Abstract]

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

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

	Three Months Ended March 31,
	2018			2017
	(in millions)
Revenues:
Total consolidated hotel revenue	$	651		$	671
Other revenue		17			13
Total revenues	$	668		$	684
Hotel Adjusted EBITDA	$	174		$	180
Other revenue		17			13
Depreciation and amortization expense		(70	)		(70	)
Corporate general and administrative		(16	)		(14	)
Other expenses		(17	)		(13	)
Gain on sales of assets, net		89			—
Interest income		1			—
Interest expense		(31	)		(30	)
Equity in earnings from investments in affiliates		4			4
Gain on foreign currency transactions		1			1
Income tax benefit		—			2,281
Other items		(3	)		(2	)
Net income	$	149		$	2,350

Schedule of Total Assets by Consolidated Hotels, Reconciled To Condensed Combined Consolidated Amounts

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

	March 31, 2018		December 31, 2017
	(in millions)
Consolidated hotels	$	9,241	$	9,623
All other		95		91
	$	9,336	$	9,714