v3.26.1
DIRECT HOSPITALITY EXPENSE
 6 Months Ended
Jun. 30, 2026
Disclosure of detailed information about investment property [abstract]  
DIRECT HOSPITALITY EXPENSE DIRECT HOSPITALITY EXPENSE
The components of direct hospitality expense are as follows:
Three months ended Jun. 30,Six months ended Jun. 30,
(US$ Millions)2026202520262025
Cost of food, beverage, and retail goods sold$93 $79 $173 $145 
Employee compensation and benefits137 59 200 116 
Depreciation and amortization93 59 155 116 
Maintenance and utilities37 22 66 48 
Marketing and advertising12 8 27 23 
Other87 64 148 124 
Total direct hospitality expense$459 $291 $769 $572