Revenue Recognition (Tables)

6 Months Ended

Jun. 30, 2022

Revenue from Contract with Customer [Abstract]

Schedule of Contract Liabilities

Deferred revenues as of June 30, 2022 and December 31, 2021 are as follows:

	June 30, 2022		December 31, 2021
Deferred initial franchise fee revenues	$	149	$	145
Deferred loyalty program revenues	82		76
Deferred other revenues	21		14
Total	$	252	$	235

Schedule of Performance Obligations

The following table summarizes the Company’s remaining performance obligations for the twelve-month periods set forth below:

	7/1/2022 - 6/30/2023		7/1/2023 - 6/30/2024		7/1/2024 - 6/30/2025		Thereafter		Total
Initial franchise fee revenues	$	16	$	8	$	7	$	118	$	149
Loyalty program revenues	52		20		8		2		82
Other revenues	15		1		—		5		21
Total	$	83	$	29	$	15	$	125	$	252

Schedule of Disaggregation of Net Revenues

The table below presents a disaggregation of the Company’s net revenues from contracts with customers by major services and products for each of the Company’s segments:

	Three Months Ended June 30,				Six Months Ended June 30,
	2022		2021		2022		2021
Hotel Franchising
Royalties and franchise fees	$	131	$	115	$	232	$	190
Marketing, reservation and loyalty	145		119		257		204
License and other fees	27		20		46		40
Other	32		29		71		58
Total Hotel Franchising	335		283		606		492
Hotel Management
Royalties and franchise fees	2		7		10		10
Owned hotel revenues	13		21		42		34
Management fees	3		9		9		16
Cost reimbursements	32		85		88		155
Other	1		1		2		2
Total Hotel Management	51		123		151		217
Net revenues	$	386	$	406	$	757	$	709