Geographic Information

3 Months Ended

Mar. 31, 2018


11.	Geographic Information

We consider each of our hotels to be an operating segment, none of which meets the threshold for a reportable segment. We also allocate resources and assess operating performance based on individual hotels. All of our other real estate investment activities (primarily office buildings and apartments) are immaterial and, with our operating segments, meet the aggregation criteria, and thus, we report one segment: hotel ownership. Our consolidated foreign operations consist of hotels in three countries as of March 31, 2018. There were no intersegment sales during the periods presented.

The following table presents total revenues and property and equipment for each of the geographical areas in which we operate (in millions):

	Revenues				Property and Equipment, net
	Quarter ended March 31,				March 31,		December 31,
	2018		2017		2018		2017
United States	$	1,320	$	1,317	$	10,509	$	9,548
Australia		—		9		—		—
Brazil		5		5		59		59
Canada		14		10		68		71
Mexico		7		7		14		14
Total	$	1,346	$	1,348	$	10,650	$	9,692