Dispositions

9 Months Ended

Sep. 30, 2016

Disposal Group Not Discontinued Operation Disposal Disclosures [Abstract]

Dispositions

8. Dispositions

During the third quarter, we sold the ibis Christchurch and Novotel Christchurch Cathedral Square in New Zealand for NZ$43 million ($31 million).

The following table provides summary results of operations for the ten hotels sold in 2016 and eight hotels sold in 2015, which are included in continuing operations (in millions):

	Quarter ended September 30,				Year-to-date ended September 30,
	2016		2015		2016		2015
Revenues	$	3	$	46	$	58	$	176
Income before taxes and gain on disposal		1		12		10		23
Gain on disposals		12		5		242		61