Accounts Payable and Accrued Expenses and Other Liabilities (Tables)

9 Months Ended

Sep. 30, 2020

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 September 30, 2020 and December 31, 2019 (in millions):

	September 30, 2020		December 31, 2019
Due to hotel manager	$	10	$	26
Real estate taxes	22		22
Sales and occupancy taxes	4		7
Other accounts payable and accrued expenses	24		27
Total accounts payable and accrued expenses	$	60	$	82
Operating lease liabilities	$	20	$	25
Insurance financing	4		2
Below market leases, net	3		5
Other liabilities	11		11
Total other liabilities	$	38	$	43