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System Fund
12 Months Ended
Dec. 31, 2019
Text block [abstract]  
System Fund
3
3
. System Fund
System Fund revenues comprise:
 
   
2019
   2018   2017 
   
$m
   $m   $m 
Assessment fees and contributions received from hotels
  
 
1,036
 
   979    934 
   
 
 
   
 
 
   
 
 
 
Loyalty programme revenues
a
  
 
337
 
   254    308 
   
 
 
   
 
 
   
 
 
 
   
 
1,373
 
   1,233    1,242 
   
 
 
   
 
 
   
 
 
 

a
Loyalty programme revenue is shown net of the cost of point redemptions.
System Fund expenses include:
 
 
  
 
 
  
2018
 
  
2017
 
 
 
2019
 
 
 
R
es
tated
 
 
 
 
R
es
tated
 
 
 
  
$m
 
  
$m
 
  
$m
 
Marketing
  
 
461
 
   427    405 
 
 
 
 
 
 
 
 
 
 
 
 
 
Payroll costs (note 4)
  
 
313
 
   347    339 
 
 
 
 
 
 
 
 
 
 
 
 
 
Depreciation and amortisation
  
 
54
 
   49    41