Business Segment Information (Tables)

9 Months Ended

Sep. 30, 2020

Segment Reporting [Abstract]

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

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

	Three Months Ended September 30,						Nine Months Ended September 30,
	2020			2019			2020			2019
	(in millions)
Revenues:
Total consolidated hotel revenue	$	95		$	650		$	714		$	1,975
Other revenues		3			22			25			59
Total revenues	$	98		$	672		$	739		$	2,034
Hotel Adjusted EBITDA	$	(76	)	$	183		$	(93	)	$	573
Other revenues		3			22			25			59
Depreciation and amortization expense		(75	)		(61	)		(225	)		(184	)
Corporate general and administrative expense		(13	)		(14	)		(40	)		(46	)
Impairment and casualty loss, net		(2	)		(8	)		(696	)		(8	)
Acquisition costs		(9	)		(59	)		(10	)		(65	)
Other operating expenses		(6	)		(23	)		(31	)		(61	)
(Loss) gain on sales of assets, net		(1	)		1			62			20
Interest income		—			2			2			5
Interest expense		(59	)		(33	)		(149	)		(98	)
Equity in (losses) earnings from investments in affiliates		(7	)		3			(16	)		18
Income tax expense		(1	)		—			(14	)		(12	)
Other loss, net		(3	)		(1	)		(6	)		(1	)
Severance expense		(24	)		—			(26	)		(2	)
Other items		(3	)		(3	)		(9	)		(8	)
Net (loss) income	$	(276	)	$	9		$	(1,226	)	$	190

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:

	September 30, 2020		December 31, 2019
	(in millions)
Consolidated hotels	$	10,828	$	11,236
All other		25		54
Total assets	$	10,853	$	11,290