v3.26.1
INTANGIBLES, NET
 6 Months Ended
Jun. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
INTANGIBLES, NET INTANGIBLES, NET
June 30, 2026
 Weighted-average useful lives in years  Gross carrying value  Accumulated amortization  Net carrying value
Management and hotel services agreement and franchise agreement intangibles21$1,489 $(396)$1,093 
Brand and other indefinite-lived intangibles— 806 — 806 
Customer relationships intangibles11355 (148)207 
Other intangibles928 (13)15 
Total$2,678 $(557)$2,121 
December 31, 2025
  Gross carrying value  Accumulated amortization  Net carrying value
Management and hotel services agreement and franchise agreement intangibles$1,545 $(367)$1,178 
Brand and other indefinite-lived intangibles809 — 809 
Customer relationships intangibles354 (129)225 
Other intangibles29 (12)17 
Total$2,737 $(508)$2,229 
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Amortization expense$33 $37 $66 $73 
The following table summarizes impairment charges recognized in asset impairments on our condensed consolidated statements of income (loss), which were primarily as a result of contract terminations within our management and franchising segment:
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Management and hotel services agreement and franchise agreement intangibles$5 $2 $26 $6