Segment Information (Tables)

9 Months Ended

Sep. 30, 2020

Segment Reporting [Abstract]

Summary of Net Revenues and Adjusted EBITDA by Segment

	Three Months Ended September 30,
	2020				2019
	Net Revenues		Adjusted EBITDA		Net Revenues		Adjusted EBITDA
Hotel Franchising	$	236	$	117	$	379	$	195
Hotel Management	101		2		180		13
Total Reportable Segments	337		119		559		208
Corporate and Other	—		(18)		1		(18)
Total Company	$	337	$	101	$	560	$	190

Reconciliation of Net Income to Adjusted EBITDA

The table below is a reconciliation of net income to adjusted EBITDA.

	Three Months Ended September 30,
	2020		2019
Net income	$	27	$	45
Provision for income taxes	15		21
Depreciation and amortization	24		26
Interest expense, net	29		25
Stock-based compensation expense	5		4
Transaction-related expenses, net	—		12
Contract termination costs	—		34
Transaction-related item	—		20
Foreign currency impact of highly inflationary countries	1		3
Adjusted EBITDA	$	101	$	190