Geographic and Business Segment Information (Tables)

12 Months Ended

Dec. 31, 2020

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

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

	Year Ended December 31,
	2020			2019			2018
	(in millions)
Revenues:
Total consolidated hotel revenue	$	823		$	2,767		$	2,665
Other revenues		29			77			72
Total revenues	$	852		$	2,844		$	2,737

Net (loss) income	$	(1,444	)	$	316		$	477
Other revenues		(29	)		(77	)		(72	)
Impairment loss and casualty (gain) loss, net		696			(18	)		(1	)
Depreciation and amortization expense		298			264			277
Corporate general and administrative expense		61			61			64
Acquisition costs		10			70			—
Other operating expenses		36			78			73
Gain on sales of assets, net		(62	)		(19	)		(96	)
Interest income		(2	)		(6	)		(6	)
Interest expense		213			140			127
Equity in losses (earnings) from investments in affiliates		22			(14	)		(18	)
Income tax (benefit) expense		(6	)		35			23
Other loss (gain), net		15			(45	)		(99	)
Severance expense		33			2			2
Other items		12			15			10
Hotel Adjusted EBITDA	$	(147	)	$	802		$	761

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:

	December 31,
	2020		2019
	(in millions)
Consolidated hotels	$	10,568	$	11,236
All other		19		54
Total assets	$	10,587	$	11,290

Revenues and Property and Equipment, Net for Each of Geographical Areas

The following table presents total revenues and property and equipment, net for each of the geographical areas in which we operate:

	As of and for the Year Ended December 31,
	2020				2019				2018
	Revenues		Property and Equipment, net		Revenues		Property and Equipment, net⁽¹⁾		Revenues		Property and Equipment, net
	(in millions)
United States⁽²⁾	$	849	$	9,193	$	2,804	$	9,594	$	2,676	$	7,906
All other		3		—		40		—		61		69
	$	852	$	9,193	$	2,844	$	9,594	$	2,737	$	7,975

⁽¹⁾	Excludes $62 million of property and equipment, net classified as held for sale as of December 31, 2019.

⁽²⁾

Includes revenues of $2 million, $11 million and $14 million for the years ended December 31, 2020, 2019 and 2018 from our laundry operations, which is not part of our segment and was permanently closed as of December 31, 2020. Also includes property and equipment, net of $2 million, $5 million and $5 million as of December 31, 2020, 2019 and 2018, respectively, from our laundry operations.