Deferred Revenues

12 Months Ended

Dec. 31, 2019

Revenue From Contract With Customer [Abstract]

Deferred Revenues

Note 13: Deferred Revenues

Deferred revenues were as follows:

	December 31,
($ in millions)	2019		2018
Deferred VOI sales	$	100	$	19
Club activation fees		71		63
Other		15		13
	$	186	$	95

Deferred VOI sales include the deferred revenues associated with: the sales associated with incomplete phases or buildings; the sales of unacquired inventory; and deferred sales associated with our long-term lease product with a reversionary interest. As of December 31, 2019, deferred VOI sales included $84 million associated with Sales of VOIs under construction. We did not have deferred revenues associated with Sales of VOIs under construction as of December 31, 2018. Club activation fees are paid at closing of a VOI purchase, which grants access to our points-based Club. The revenue from these fees are deferred and amortized on a straight-line basis over the average inventory holding period. Deferred revenues do not include prepaid vacation packages or other prepayments for future stays at our resorts, which are included in Advanced deposits in our consolidated balance sheets.