
4.	Revenue

Substantially all of our operating results represent revenues and expenses generated by property-level operations. The majority of customers make payments 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 significant performance obligations outstanding at quarter end. We collect sales, use, occupancy and similar taxes at our hotels, which we present on a net basis (excluded from revenues) on our statements of operations. Revenues are recognized when the performance obligations have been met, as follows:

Income statement line item		Recognition method
Rooms revenues		Rooms revenues represent revenues from the occupancy of our hotel rooms and are driven by the occupancy and average daily rate charged. Rooms revenues do not include ancillary services or fees charged. The contracts for room stays with customers generally are very short term in duration and revenues are recognized over time during the course of the hotel stay.
Food and beverage revenues		Food and beverage revenues consist of revenues from group functions, which may include banquet revenues and audio-visual revenues, as well as outlet revenues from the restaurants and lounges at our properties. Revenues are recognized at a point in time as the services or products are provided. Our hotels may employ third parties to provide certain services at the property, for example, audio and visual services. We evaluate each of these contracts to determine if the hotel is the principal or the agent in the transaction and record the revenues as appropriate (i.e. gross vs. net).
Other revenues		Other revenues consist of ancillary revenues at the property, including attrition and cancelation fees, golf courses, resort and destination fees, spas, entertainment and other guest services, as well as rental revenues; primarily consisting of leased retail outlets. Other revenues are generally recognized at a point in time as the services or products are provided. Attrition and cancelation fees are recognized at a point in time for non-cancelable deposits when the customer provides notification of cancelation or is a no-show for the specified date, whichever comes first.

Disaggregation of Revenues. While we do not consider the following division 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 September 30,				Year-to-date ended September 30,
Location	2018		2017		2018		2017
New York	$	172	$	193	$	539	$	554
San Diego		136		131		402		394
San Francisco/San Jose		131		106		373		313
Maui/Oahu		93		70		270		215
Washington, D.C. (Central Business District)		71		76		252		270
Boston		86		83		231		231
Phoenix		46		35		220		195
Florida Gulf Coast		37		35		216		189
Orlando		44		39		170		156
Los Angeles		48		51		143		139
Chicago		53		54		140		138
Atlanta		37		37		119		122
Northern Virginia		34		44		115		144
Seattle		38		38		99		99
Orange County		32		31		91		92
Houston		25		24		88		87
San Antonio		26		23		86		83
Jacksonville		25		21		78		72
New Orleans		19		17		75		71
Denver		26		25		69		67
Philadelphia		22		19		65		59
Miami		9		9		41		40
Other		61		64		196		217
Domestic		1,271		1,225		4,078		3,947
International		28		29		85		96
Total	$	1,299	$	1,254	$	4,163	$	4,043