v3.26.1
Geographic and Business Segment Information - Summary of Segment Reporting Information, by Segment (Details) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Segment Reporting [Line Items]        
Total revenues $ 1,640 $ 1,586 $ 3,285 $ 3,180
Other segment items 0 (9) (7) (19)
Other property-level expenses 94 107 197 218
Segment EBITDA 515 497 1,052 1,009
Depreciation and amortization (193) (195) (383) (391)
Corporate and other expenses (29) (25) (57) (56)
Interest income 18 7 30 15
Interest expense (58) (58) (117) (115)
Other gains (losses) (1) 22 241 26
Equity in earnings of affiliates 7 4 11 14
Provision for income taxes (18) (27) (35) (26)
NET INCOME 241 225 742 476
Capital Expenditures     243 298
Hotel Ownership        
Segment Reporting [Line Items]        
Total revenues 1,640 1,586 3,285 3,180
Other segment items 0 (9) (7) (19)
Other property-level expenses 94 107    
Segment EBITDA 515 497 1,052 1,009
Capital Expenditures     243 298
Rooms        
Segment Reporting [Line Items]        
Total revenues 954 949 1,897 1,887
Expenses 231 233 455 458
Rooms | Hotel Ownership        
Segment Reporting [Line Items]        
Total revenues 954 949 1,897 1,887
Expenses 231 233 455 458
Food and beverage        
Segment Reporting [Line Items]        
Total revenues 484 478 1,001 981
Expenses 311 313 638 636
Food and beverage | Hotel Ownership        
Segment Reporting [Line Items]        
Total revenues 484 478 1,001 981
Expenses 311 313 638 636
Other        
Segment Reporting [Line Items]        
Total revenues 149 159 308 312
Expenses 371 375 744 739
Other | Hotel Ownership        
Segment Reporting [Line Items]        
Total revenues 149 159 308 312
Expenses 371 375 744 739
Condominium sales        
Segment Reporting [Line Items]        
Total revenues 53 0 79 0
Condominium sales | Hotel Ownership        
Segment Reporting [Line Items]        
Total revenues 53 0 79 0
Management fees        
Segment Reporting [Line Items]        
Expenses 74 70 141 139
Management fees | Hotel Ownership        
Segment Reporting [Line Items]        
Expenses 74 70 141 139
Cost of goods sold        
Segment Reporting [Line Items]        
Expenses 44 0 65 0
Cost of goods sold | Hotel Ownership        
Segment Reporting [Line Items]        
Expenses $ 44 $ 0 65 0
Other property-level expenses        
Segment Reporting [Line Items]        
Expenses     197 218
Other property-level expenses | Hotel Ownership        
Segment Reporting [Line Items]        
Expenses     $ 197 $ 218