v3.25.0.1
SEGMENT AND GEOGRAPHIC INFORMATION - Schedule Of Segment Adjusted EBITDA To Income (Loss) Before Income Taxes (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Segment Reporting Information      
Segment Adjusted EBITDA     $ 1,105
Total revenues $ 6,648 $ 6,667 5,891
Stock-based compensation expense (Note 17) (62) (75) (60)
Transaction and integration costs (42) (42) (35)
Depreciation and amortization (333) (397) (426)
Equity earnings (losses) from unconsolidated hospitality ventures 31 (1) 5
Interest expense (180) (145) (150)
Gains (losses) on sales of real estate and other 1,245 18 263
Asset impairments (213) (30) (38)
Other income (loss), net 257 124 (34)
Pro rata share of unconsolidated owned and leased hospitality ventures' Adjusted EBITDA (62) (64) (55)
Income before income taxes 1,563 310 363
Contra revenue      
Segment Reporting Information      
Total revenues (69) (47) (31)
Revenues for reimbursed costs      
Segment Reporting Information      
Total revenues 3,352 3,058 2,620
Reimbursed costs      
Segment Reporting Information      
Reimbursed costs (3,457) (3,144) (2,632)
Segment Adjusted EBITDA      
Segment Reporting Information      
Segment Adjusted EBITDA 1,255 1,231  
Total revenues 6,720 6,758 5,977
Pro rata share of unconsolidated owned and leased hospitality ventures' Adjusted EBITDA 62 64 55
Segment Adjusted EBITDA | Contra revenue      
Segment Reporting Information      
Total revenues (69) (47) (31)
Segment Adjusted EBITDA | Revenues for reimbursed costs      
Segment Reporting Information      
Total revenues 3,352 3,058 2,620
Segment Adjusted EBITDA | Segment Total      
Segment Reporting Information      
Segment Adjusted EBITDA 1,255 1,231 1,105
Unallocated overhead expenses      
Segment Reporting Information      
Segment Adjusted EBITDA (160) (177) (170)
Eliminations      
Segment Reporting Information      
Segment Adjusted EBITDA 1 1 1
Total revenues (72) (91) (86)
Eliminations | Contra revenue      
Segment Reporting Information      
Total revenues 0 0 0
Eliminations | Revenues for reimbursed costs      
Segment Reporting Information      
Total revenues $ 0 $ 0 $ 0