System Fund and reimbursables

12 Months Ended

Dec. 31, 2024

Disclosure [Abstract]

System Fund and reimbursables

31. System Fund and reimbursables

System Fund and reimbursable revenues and expenses comprise:

	2024 $m			2023 $m			2022 $m
System Fund revenues		1,611			1,564			1,217
Reimbursable revenues		1,000			896			832
System Fund and reimbursable revenues		2,611			2,460			2,049
System Fund expenses		(1,694	)		(1,545	)		(1,322	)
Reimbursable expenses		(1,000	)		(896	)		(832	)
System Fund and reimbursable expenses		(2,694	)		(2,441	)		(2,154	)

System Fund revenues include:

	2024  $m		2023  $m		2022  $m
Loyalty programme revenues, net of the cost of point redemptions		355		379		228
Marketing, reservation and other hotel fees		1,256		1,185		989

System Fund expenses include:

	2024 $m		2023  $m		2022  $m
Marketing		520		498		408
Staff costs		436		399		341
Depreciation and amortisation		80		83		86
Impairment loss on trade receivables (note 16)		9		–		7
Other net impairment charges (note 11)		3		–		–