Revenue

6 Months Ended

Jun. 30, 2024

Revenue from Contract with Customer [Abstract]

Revenue

Revenue

Substantially all our operating results represent revenues and expenses generated by property-level operations. Payments are due from customers when services are provided to them. Due to the short-term nature of our contracts and the almost concurrent receipt of payment, we have no material unearned revenue at quarter end. We collect sales, use, occupancy and similar taxes from our customers, which we present on a net basis (excluded from revenues) on our statements of operations.

Disaggregation of Revenues. While we do not consider the following disclosure of hotel revenues by location to consist of reportable segments, we have disaggregated hotel revenues by market location. Our revenues also are presented by country in Note 10 – Geographic Information.

By Location. The following table presents hotel revenues for each of the geographic locations in our consolidated hotel portfolio (in millions):

	Quarter ended June 30,				Year-to-date ended June 30,
Location	2024		2023		2024		2023
Florida Gulf Coast	$	120	$	71	$	288	$	167
San Diego	134		130		270		255
Orlando	116		121		258		262
Phoenix	95		92		215		221
Maui/Oahu	98		124		213		250
San Francisco/San Jose	88		88		194		188
Washington, D.C. (Central Business District)	106		102		186		178
New York	103		96		175		166
Miami	61		63		145		146
Houston	37		36		78		73
Boston	46		42		76		71
Jacksonville	43		39		74		70
Los Angeles/Orange County	33		34		66		68
San Antonio	29		30		64		66
Chicago	42		43		63		62
New Orleans	27		29		58		58
Seattle	31		29		50		47
Northern Virginia	27		24		49		43
Denver	29		23		48		37
Austin	23		23		46		48
Philadelphia	24		25		41		42
Atlanta	16		17		33		35
Nashville	29		—		29		—
Other	80		86		170		176
Domestic	1,437		1,367		2,889		2,729
International	29		26		48		45
Total	$	1,466	$	1,393	$	2,937	$	2,774