Revenue

3 Months Ended

Mar. 31, 2022

Revenue from Contract with Customer [Abstract]

Revenue

4. 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 presentation of 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 11 – 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 March 31,
Location	2022		2021
Florida Gulf Coast	$	131	$	81
Maui/Oahu		116		44
Phoenix		111		54
Orlando		108		9
San Diego		87		14
Miami		83		56
San Francisco/San Jose		52		11
New York		50		11
Washington, D.C. (Central Business District)		38		23
Jacksonville		29		14
San Antonio		27		7
Houston		26		13
Los Angeles/Orange County		25		10
Austin		20		1
New Orleans		20		3
Boston		18		3
Chicago		14		4
Atlanta		13		11
Philadelphia		13		5
Northern Virginia		12		7
Denver		12		3
Seattle		10		2
Other		51		11
Domestic		1,066		397
International		8		2
Total	$	1,074	$	399