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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Operating Activities:      
Net (loss) income $ (1,444) $ 316 $ 477
Adjustments to reconcile net (loss) income to net cash (used in) provided by operating activities:      
Depreciation and amortization 298 264 277
Gain on sales of assets, net (62) (19) (96)
Impairment loss and casualty (gain) loss, net 696 (18) (1)
Equity in losses (earnings) from investments in affiliates 22 (14) (18)
Other loss (gain), net 15 (45) (99)
Share-based compensation expense 20 16 16
Amortization of deferred financing costs 9 5 4
Distributions from unconsolidated affiliates 5 22 18
Deferred income taxes (30) 5 (20)
Changes in operating assets and liabilities:      
Accounts receivable, net 152 (3) (27)
Prepaid expenses 44 6 (34)
Other assets (22) (20) (34)
Accounts payable and accrued expenses (51) (28) (21)
Due to hotel manager (71) 7 (4)
Other liabilities (21) 10 14
Other 2 (5) (8)
Net cash (used in) provided by operating activities (438) 499 444
Investing Activities:      
Acquisitions, net of cash and restricted cash acquired   (914) (10)
Capital expenditures for property and equipment (86) (240) (178)
Proceeds from asset dispositions, net 207 429 369
Proceeds from the sale of investments in affiliates, net 1 51 150
Insurance proceeds for property damage claims 1 39 88
Contributions to unconsolidated affiliates (4)    
Net cash provided by (used in) investing activities 119 (635) 419
Financing Activities:      
Proceeds from issuance of Senior Secured Notes 1,376    
Borrowings from credit facilities 1,000 850  
Repayments of credit facilities (1,099) (232)  
Debt issuance costs (39) (11)  
Dividends paid (241) (494) (464)
Distributions to noncontrolling interests, net (1) (9) (2)
Tax withholdings on share-based compensation (10) (7) (2)
Repurchase of common stock (66)   (348)
Net cash provided by (used in) financing activities 914 97 (816)
Effect of exchange rate changes on cash and cash equivalents and restricted cash     (1)
Net increase (decrease) in cash and cash equivalents and restricted cash 595 (39) 46
Cash and cash equivalents and restricted cash, beginning of period 386 425 379
Cash and cash equivalents and restricted cash, end of period 981 $ 386 $ 425
Mortgage Debt [Member]      
Financing Activities:      
Repayments of mortgage debt $ (6)