Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
Cash flows from operating activities:
Net loss	$ (46)	$ (63)
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization	90	79
Amortization of deferred costs and other assets	11	5
Gain related to real estate casualties	(4)	2
Loss on extinguishment of debt		17
Gain on sales of real estate, net of retirement of assets	(2)
Equity-based compensation expense	6	6
Changes in assets and liabilities:
Accounts receivable	(7)	9
Other assets	4	(14)
Accounts payable and accrued expenses	6	(18)
Other liabilities	3	(1)
Net cash provided by operating activities	61	22
Cash flows from investing activities:
Capital expenditures, primarily investments in existing real estate	(47)	(94)
Lender and other escrows		(15)
Insurance proceeds related to real estate casualties	9	7
Proceeds from sales of real estate	24	4
Net cash used in investing activities	(14)	(98)
Cash flows from financing activities:
Proceeds from debt		1,060
Repayment of debt	(19)	(1,005)
Debt issuance costs		(29)
Issuance of mandatorily redeemable preferred shares		15
Payment of property insurance financing	(5)
Dividends on common stock	(23)
Proceeds on termination of cash flow hedge, net		2
Purchase of common stock	(26)	(5)
Reorganization and separation from La Quinta Holdings Inc.		(23)
Net cash (used in) provided by financing activities	(73)	15
Decrease in cash and cash equivalents	(26)	(61)
Cash and cash equivalents at the beginning of the period	68	141
Cash and cash equivalents at the end of the period	$ 42	$ 80