v3.24.3
RECEIVABLES - Schedule of Financing Receivables (Details)
SFr in Millions, $ in Millions
9 Months Ended
Sep. 30, 2024
USD ($)
Sep. 30, 2024
CHF (SFr)
Aug. 16, 2024
USD ($)
Jun. 30, 2024
USD ($)
Dec. 31, 2023
USD ($)
Sep. 30, 2023
USD ($)
Jun. 30, 2023
USD ($)
Dec. 31, 2022
USD ($)
Accounts, Notes, Loans and Financing Receivable                
Total financing receivables $ 372       $ 137      
Less: current portion of financing receivables included in receivables, net (23)       (22)      
Less: allowance for credit losses (39)       (42)      
Total long-term financing receivables, net of allowances 310       73      
Disposal Group, Disposed of by Sale | Park Hyatt Zurich                
Accounts, Notes, Loans and Financing Receivable                
Seller financing 45              
Seller financed receivable | SFr   SFr 41            
Disposal Group, Disposed of by Sale | Hyatt Regency Orlando                
Accounts, Notes, Loans and Financing Receivable                
Seller financing 35   $ 34          
Debt instrument, unamortized discount $ 15              
Debt instrument, interest rate, effective percentage 9.50% 9.50%            
Unsecured financing to hotel owners                
Accounts, Notes, Loans and Financing Receivable                
Total financing receivables $ 239       137      
Less: allowance for credit losses (39)     $ (38) (42) $ (40) $ (40) $ (44)
Secured financing to hotel owners                
Accounts, Notes, Loans and Financing Receivable                
Total financing receivables 133       $ 0      
Less: allowance for credit losses 0              
Loan purchased $ 85