Segment Information (Tables)

3 Months Ended

Mar. 31, 2015

Segment Reporting [Abstract]

Summary of Segment Information

The following tables present our segment information for the three months ended March 31, 2015 and 2014.

	Three months ended March 31, 2015
	Hotel		Other			Corporate and unallocated			Total
	(in millions)
Revenue	$	320	$	43		$	—		$	363
Adjusted EBITDA (1)		132		(5	)		—			127
Depreciation		—		—			(14	)		(14	)
Amortization of intangible assets		—		—			(7	)		(7	)
Stock-based compensation		—		—			(16	)		(16	)
Operating income (loss)	$	132	$	(5	)	$	(37	)		90
Other expense, net										(4	)
Income before income taxes										86
Provision for income taxes										(23	)
Net income										63

	Three months ended March 31, 2014
	Hotel		Other			Corporate and unallocated			Total
	(in millions)
Revenue	$	266	$	15		$	—		$	281
Adjusted EBITDA (1)		124		(2	)		—			122
Depreciation		—		—			(10	)		(10	)
Amortization of intangible assets		—		—			(2	)		(2	)
Stock-based compensation		—		—			(14	)		(14	)
Operating income (loss)	$	124	$	(2	)	$	(26	)		96
Other expense, net										(2	)
Income before income taxes										94
Provision for income taxes										(26	)
Net income										68

(1) Includes allocated general and administrative expenses in our Hotel segment of $20 million and $19 million; and in our Other segment of $6 million and $3 million for the three months ended March 31, 2015 and 2014, respectively.