Quarterly report pursuant to Section 13 or 15(d)

Segment Information (Tables)

v3.8.0.1
Segment Information (Tables)
 3 Months Ended
Mar. 31, 2018
Segment Reporting [Abstract]  
Summary of Net Revenues and Adjusted EBITDA by Segment
 
Three Months Ended March 31,
 
2018
 
2017
 
Net Revenues
 
Adjusted EBITDA
 
Net Revenues
 
Adjusted EBITDA
Hotel Franchising
$
203


$
86

 
$
191


$
78

Hotel Management
99


16

 
98


9

Total Reportable Segments
302

 
102

 
289

 
87

Corporate and Other *
—

 
(10
)
 
—

 
(9
)
Total Company
$
302

 
$
92

 
$
289

 
$
78


*    Includes the elimination of transactions between segments.
Reconciliation of Net Income to Adjusted EBITDA
Reconciliation of Net income to Adjusted EBITDA
 
Three Months Ended March 31,
 
2018
 
2017
Net income
$
39

 
$
33

Provision for income taxes
16

 
22

Depreciation and amortization
19

 
18

Interest expense, net
1

 
2

Stock-based compensation
3

 
2

Separation-related
12

 
—

Transaction-related
2

 
—

Restructuring
—

 
1

Adjusted EBITDA
$
92

 
$
78