Assets and liabilities sold

12 Months Ended

Dec. 31, 2023

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Assets and liabilities sold

11. Assets and liabilities sold

In 2021, three hotels in the Americas region were sold. Total cash consideration of $46m was received with no gain or loss arising after charging disposal costs. Net assets of $44m disposed comprised $45m property, plant and equipment and $2m right-of-use assets, less $3m lease liabilities. The net cash inflow arising was $44m.