Revenue

6 Months Ended

Jun. 30, 2023

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 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 8 – 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	2023		2022		2023		2022
Orlando	$	121	$	129	$	262	$	237
San Diego		130		118		255		205
Maui/Oahu		124		126		250		242
Phoenix		92		101		221		212
San Francisco/San Jose		88		90		188		142
Washington, D.C. (Central Business District)		102		92		178		130
Florida Gulf Coast		71		100		167		231
New York		96		93		166		143
Miami		63		69		146		152
Houston		36		31		73		57
Boston		42		30		71		48
Jacksonville		39		39		70		68
Los Angeles/Orange County		34		35		68		60
San Antonio		30		29		66		56
Chicago		43		39		62		53
New Orleans		29		29		58		49
Austin		23		26		48		46
Seattle		29		27		47		37
Northern Virginia		24		23		43		35
Philadelphia		25		23		42		36
Denver		23		24		37		36
Atlanta		17		17		35		30
Other		86		72		176		123
Domestic		1,367		1,362		2,729		2,428
International		26		19		45		27
Total	$	1,393	$	1,381	$	2,774	$	2,455