The following table sets forth the activity in the Company’s allowance for doubtful accounts on trade accounts receivable for the six months ended:


	2026		2025
Balance as of January 1,	$	92	$	61
Provision for doubtful accounts	6		6
Bad debt write-offs	(4)		(2)
Other (a)	5		—
Balance as of June 30,	$	99	$	65

(a) Relates to a non-cash reclass associated with development advance notes for Revo.

As of June 30, 2026, the Company had accounts receivable with a net book value of $1 million due from Revo.

The Company’s Condensed Consolidated Balance Sheets include the following with respect to loans receivable, including accrued interest:


Condensed Consolidated Balance Sheets:	June 30, 2026						December 31, 2025
	Gross		Allowance		Net		Gross		Allowance		Net
Other current assets	$	5	$	(4)	$	1	$	4	$	(3)	$	1
Other non-current assets	70		(51)		19		84		(52)		32
Total loans receivable, net (a) (b)	$	75	$	(55)	$	20	$	88	$	(55)	$	33

(a) Gross loans receivable were reduced by $13 million due to the non-cash hotel acquisitions. Accordingly, the Company has no remaining net book value relating to loans receivable from Revo as of June 30, 2026. See Note 5 - Non-Cash Hotel Acquisitions for more details.

(b) Loans receivable had a weighted average interest rate of 9.3% and 7.8% and a weighted average remaining contractual term of 0.5 years and 2.1 years as of June 30, 2026 and December 31, 2025, respectively.

The following table sets forth the activity in the Company’s allowance for loan losses on loans receivable for the six months ended:


	2026		2025
Balance as of January 1,	$	55	$	1
Provision for loan losses	—		—
Write-offs	—		—
Balance as of June 30,	$	55	$	1