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Consolidated Statements of Comprehensive (Loss) Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Revenues      
Total revenues $ 852 $ 2,844 $ 2,737
Operating expenses      
Other property-level 258 219 207
Management fees 30 139 137
Impairment loss and casualty (gain) loss, net 696 (18) (1)
Depreciation and amortization 298 264 277
Corporate general and administrative 63 62 65
Acquisition costs 10 70  
Other 36 78 73
Total expenses 2,116 2,437 2,329
Gain on sales of assets, net 62 19 96
Operating (loss) income (1,202) 426 504
Interest income 2 6 6
Interest expense (213) (140) (127)
Equity in (losses) earnings from investments in affiliates (22) 14 18
Other (loss) gain, net (15) 45 99
(Loss) Income before income taxes (1,450) 351 500
Income tax benefit (expense) 6 (35) (23)
Net (loss) income (1,444) 316 477
Net loss (income) attributable to noncontrolling interests 4 (10) (5)
Net (loss) income attributable to stockholders (1,440) 306 472
Other comprehensive (loss) income, net of tax expense:      
Currency translation adjustment, net of tax expense of $0, $4 and $0 4 3 39
Change in fair value of interest rate swap, net of tax expense of $0 (5)    
Total other comprehensive (loss) income (1) 3 39
Comprehensive (loss) income (1,445) 319 516
Comprehensive loss (income) attributable to noncontrolling interests 4 (10) (5)
Comprehensive (loss) income attributable to stockholders $ (1,441) $ 309 $ 511
(Loss) Earnings per share:      
(Loss) Earnings per share - Basic [1] $ (6.11) $ 1.44 $ 2.32
(Loss) Earnings per share - Diluted [1] $ (6.11) $ 1.44 $ 2.31
Weighted average shares outstanding - Basic 236 212 203
Weighted average shares outstanding - Diluted 236 213 204
Rooms [Member]      
Revenues      
Total revenues $ 526 $ 1,764 $ 1,710
Operating expenses      
Expenses 193 467 449
Food and Beverage [Member]      
Revenues      
Total revenues 189 743 713
Operating expenses      
Expenses 173 518 495
Ancillary Hotel [Member]      
Revenues      
Total revenues 108 260 242
Other [Member]      
Revenues      
Total revenues 29 77 72
Other Departmental and Support [Member]      
Operating expenses      
Expenses $ 359 $ 638 $ 627
[1] Per share amounts are calculated based on unrounded numbers.