Quarterly report pursuant to Section 13 or 15(d)

Revenue Recognition (Tables)

v3.10.0.1
Revenue Recognition (Tables)
9 Months Ended
Sep. 30, 2018
Revenue from Contract with Customer [Abstract]  
Schedule of Contract Liabilities
Contract liabilities as of September 30, 2018 and December 31, 2017 are as follows:
 
 
September 30, 2018
 
December 31, 2017
Deferred initial franchise fee revenue
 
$
128

 
$
116

Deferred loyalty program revenue
 
74

 
54

Deferred co-branded credit card programs revenue
 

 
37

Deferred hotel management fee revenue
 
24

 
19

Deferred other revenue
 
21

 
22

Total
 
$
247

 
$
248

Schedule of Performance Obligations
The following table summarizes the Company’s remaining performance obligations for the twelve-month periods set forth below:
 
10/1/2018- 9/30/2019

10/1/2019- 9/30/2020

10/1/2020- 9/30/2021

Thereafter

Total
Initial franchise fee revenue
$
10

 
$
14

 
$
13

 
$
91

 
$
128

Loyalty program revenue
46

 
18

 
7

 
3

 
74

Hotel management fee revenue
2

 

 
2

 
20

 
24

Other revenue
17

 
1

 
1

 
2

 
21

Total
$
75


$
33


$
23


$
116


$
247

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
 
Nine Months Ended
 
September 30,
 
September 30,
 
2018
 
2017
 
2018
 
2017
Hotel Franchising
 
 
 
 
 
 
 
Royalties and franchise fees
$
137

 
$
104

 
$
326

 
$
271

Marketing, reservation and loyalty
151

 
109

 
357

 
281

License and other revenues from former Parent
36

 
20

 
79

 
56

Other
24

 
25

 
78

 
74

Total Hotel Franchising
348

 
258

 
840

 
682

 
 
 
 
 
 
 
 
Hotel Management
 
 
 
 
 
 
 
Royalties and franchise fees
1

 
3

 
6

 
6

Marketing, reservation, and loyalty

 

 
2

 
1

Hotel management - owned properties
17

 
16

 
58

 
60

Hotel management - managed properties
15

 
6

 
32

 
18

Cost reimbursements
219

 
64

 
398

 
199

Other

 

 
1

 
1

Total Hotel Management
252

 
89

 
497

 
285

 
 
 
 
 
 
 
 
Corporate and Other
4

 

 
4

 

 
 
 
 
 
 
 
 
Net Revenues
$
604

 
$
347

 
$
1,341

 
$
967