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Accounts Payable and Accrued Expenses and Other Liabilities (Tables)
3 Months Ended
Mar. 31, 2019
Payables And Accruals [Abstract]  
Summary of Accounts Payable, Accrued Expenses and Other Liabilities

Accounts payable, accrued expenses and other liabilities include the following as of March 31, 2019 and December 31, 2018 (in millions):

 

 

 

 

 

 

March 31, 2019

 

 

December 31, 2018

 

 

 

 

 

 

 

 

 

 

Due to hotel manager

 

$

49

 

 

$

44

 

Real estate taxes

 

 

15

 

 

 

23

 

Sales and occupancy taxes

 

 

12

 

 

 

8

 

Interest

 

 

3

 

 

 

3

 

Other accounts payable and accrued expenses

 

 

18

 

 

 

21

 

Total accounts payable and accrued expenses

 

$

97

 

 

$

99

 

 

 

 

 

 

 

 

 

 

Operating lease liabilities

 

$

27

 

 

$

 

Below market leases, net

 

 

6

 

 

 

6

 

Share repurchase

 

 

2

 

 

 

 

Other liabilities

 

 

8

 

 

 

5

 

Total other liabilities

 

$

43

 

 

$

11