System Fund (Tables)

12 Months Ended

Dec. 31, 2021

Text Block [Abstract]

Summary of System Fund Revenues

System Fund revenues comprise:

	2021   $m	2020 $m		2019   $m
Assessment fees and contributions received from hotels	727		490	1,036
Loyalty programme revenues, net of the cost of point redemptions	201		275	337
	928		765	1,373

Summary of System Fund Expenses

System Fund expenses include:

	2021  $m	2020 $m		2019   $m
Marketing	147		109	461
Payroll costs (note 4)	304		242	313
Depreciation and amortisation	94		62	54
Impairment (reversal)/loss on financial assets (note 18)	(6)		24	12
Other impairment (reversals)/charges	(3)		41	–