| Dec 31, 2011 | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 |
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Net income (loss) | 12 | 41 | 114 | 136 | 220 | 201 | 76 | 191 | 129 | -409 | -311 | 42 | 77 |
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Loss (gain) on sale of hotel properties, net | - | - | 2 | 0 | 28 | 46 | 9 | 31 | -9 | 3 | -2 | 1 | -0 |
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Loss (gain) on extinguishment of indebtedness, net | 24 | - | 6 | - | - | - | - | 6 | -0 | - | 1 | -0 | -0 |
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Depreciation and amortization | 131 | 127 | 127 | 144 | 156 | 163 | 187 | 242 | 212 | 194 | 188 | 185 | 179 |
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Amortization of Debt Issuance Costs | 6 | 5 | 4 | 4 | 4 | 4 | 3 | 4 | 4 | 4 | 6 | 6 | 6 |
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Other amortization | - | - | - | - | - | - | -2 | -3 | -2 | -2 | -2 | 3 | 5 |
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Reclassification from AOCI, Current Period, Net of Tax, Attributable to Parent | - | - | - | - | - | - | - | - | - | - | 11 | -6 | - |
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Unrealized gain on discontinued cash flow hedges | - | - | - | - | - | - | - | - | -0 | 0 | - | - | - |
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Equity in (income) loss from unconsolidated joint ventures | - | - | - | - | - | - | 0 | 1 | -2 | -8 | -0 | 0 | 0 |
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Equity in (income) loss from unconsolidated joint ventures | - | - | - | - | - | - | 0 | 1 | -2 | -8 | -0 | 0 | 0 |
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Impairment losses | - | 1 | - | 9 | 1 | - | - | - | 14 | - | 145 | - | - |
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Impairment losses | - | 1 | - | 9 | 1 | - | - | - | 14 | - | 145 | - | - |
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Amortization of share-based compensation | 3 | 9 | 13 | 15 | 13 | 6 | 11 | 12 | 11 | 12 | 17 | 22 | 24 |
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Amortization of share-based compensation | 3 | 9 | 13 | 15 | 13 | 6 | 11 | 12 | 11 | 12 | 17 | 22 | 24 |
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Hotel and other receivables, net | -0 | 2 | -1 | 2 | -0 | 0 | 6 | -6 | -9 | -26 | 18 | 8 | -12 |
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Prepaid expense and other assets | 7 | 6 | -3 | 4 | -5 | 5 | -4 | -0 | 6 | -19 | 1 | 5 | -13 |
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Accounts payable and other liabilities | 13 | -4 | -0 | -5 | -6 | 3 | -28 | -21 | -11 | -49 | 7 | 13 | -11 |
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Advance deposits and deferred revenue | - | - | - | - | - | - | - | - | - | 25 | 13 | -3 | -9 |
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Accrued interest | -1 | 0 | 0 | 0 | 2 | -1 | -9 | -9 | -5 | 3 | 13 | 2 | 2 |
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Deferred income taxes | - | -0 | -1 | -1 | -41 | 7 | 40 | 8 | -7 | 51 | - | - | - |
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Hotel and other receivables, net | -0 | 2 | -1 | 2 | -0 | 0 | 6 | -6 | -9 | -26 | 18 | 8 | -12 |
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Prepaid expense and other assets | 7 | 6 | -3 | 4 | -5 | 5 | -4 | -0 | 6 | -19 | 1 | 5 | -13 |
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Accounts payable and other liabilities | 13 | -4 | -0 | -5 | -6 | 3 | -28 | -21 | -11 | -49 | 7 | 13 | -11 |
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Advance deposits and deferred revenue | - | - | - | - | - | - | - | - | - | 25 | 13 | -3 | -9 |
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Accrued interest | -1 | 0 | 0 | 0 | 2 | -1 | -9 | -9 | -5 | 3 | 13 | 2 | 2 |
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Net cash flow provided by operating activities | 134 | 176 | 251 | 299 | 329 | 331 | 261 | 395 | 397 | -169 | 43 | 257 | 315 |
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Acquisition of hotel properties, net | - | - | - | - | - | - | - | - | - | - | 175 | 59 | - |
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Proceeds from sales of hotel properties, net | - | - | - | - | 246 | 269 | 180 | 475 | 686 | 5 | 199 | 48 | - |
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Improvements and additions to hotel properties and other assets | 93 | 129 | 61 | 119 | 149 | 84 | 103 | 197 | 157 | 73 | 48 | 124 | 132 |
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Purchase deposit | - | 10 | -3 | - | - | - | - | - | - | - | - | - | 2 |
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Contributions to unconsolidated joint ventures | - | - | - | - | - | - | - | 0 | 1 | 0 | 0 | - | - |
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Improvements and additions to hotel properties and other assets | 93 | 129 | 61 | 119 | 149 | 84 | 103 | 197 | 157 | 73 | 48 | 124 | 132 |
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Distributions from unconsolidated joint ventures in excess of earnings | - | - | - | - | - | - | - | - | 2 | 2 | - | - | - |
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Contributions to unconsolidated joint ventures | - | - | - | - | - | - | - | 0 | 1 | 0 | 0 | - | - |
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Net cash flow used in investing activities | -347 | -364 | -262 | -611 | -38 | 173 | 65 | 277 | 530 | -67 | -25 | -136 | -135 |
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Borrowings under Revolver | - | 101 | 206 | 293 | - | 51 | - | 300 | 140 | 400 | - | - | - |
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Repayments of Revolver | - | 85 | 222 | 293 | - | 51 | - | 300 | 140 | - | 200 | 200 | - |
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Repayments of Revolver | - | 85 | 222 | 293 | - | 51 | - | 300 | 140 | - | 200 | 200 | - |
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Borrowings on Term Loans | - | - | 450 | 175 | 150 | - | - | - | - | - | - | 5 | 320 |
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Borrowings on Term Loans | - | - | 450 | 175 | 150 | - | - | - | - | - | - | 5 | 320 |
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Repayments of Term Loans | - | - | - | - | - | - | - | - | - | - | 356 | - | 319 |
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Repayments of Term Loans | - | - | - | - | - | - | - | - | - | - | 356 | - | 319 |
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Proceeds from issuance of senior notes | - | - | - | - | - | - | - | - | - | - | 1,000 | - | - |
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Proceeds from issuance of senior notes | - | - | - | - | - | - | - | - | - | - | 1,000 | - | - |
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Redemption of $475.0 million senior notes due 2025 (including a $9.5 million redemption premium) | - | - | - | - | - | - | 1 | 539 | 0 | - | 484 | - | - |
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Redemption of $475.0 million senior notes due 2025 (including a $9.5 million redemption premium) | - | - | - | - | - | - | 1 | 539 | 0 | - | 484 | - | - |
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Scheduled mortgage loan principal payments | - | - | - | - | - | - | - | 6 | 4 | 3 | 1 | - | - |
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Scheduled mortgage loan principal payments | - | - | - | - | - | - | - | 6 | 4 | 3 | 1 | - | - |
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Repayments of mortgage loans (including $7.0 million in prepayment premiums) | 489 | 429 | 577 | 171 | 167 | 4 | 5 | 113 | 375 | - | 149 | - | - |
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Repayments of mortgage loans (including $7.0 million in prepayment premiums) | 489 | 429 | 577 | 171 | 167 | 4 | 5 | 113 | 375 | - | 149 | - | - |
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Repurchase of common shares under share repurchase programs | 1 | 2 | 4 | 6 | 225 | 13 | 3 | 22 | 78 | 63 | - | 58 | 76 |
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Repurchase of common shares under share repurchase programs | 1 | 2 | 4 | 6 | 225 | 13 | 3 | 22 | 78 | 63 | - | 58 | 76 |
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Repurchase of common shares to satisfy employee tax withholding requirements | - | 0 | - | - | 12 | 6 | 3 | 4 | 2 | 2 | 3 | 4 | 4 |
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Repurchase of common shares to satisfy employee tax withholding requirements | - | 0 | - | - | 12 | 6 | 3 | 4 | 2 | 2 | 3 | 4 | 4 |
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Distributions on preferred shares | - | - | - | - | - | - | 6 | 25 | 25 | 25 | 25 | 25 | 25 |
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Distributions on preferred shares | - | - | - | - | - | - | 6 | 25 | 25 | 25 | 25 | 25 | 25 |
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Distributions on common shares | 24 | 69 | 97 | 125 | 170 | 164 | 170 | 231 | 228 | 61 | 7 | 13 | 49 |
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Distributions on common shares | 24 | 69 | 97 | 125 | 170 | 164 | 170 | 231 | 228 | 61 | 7 | 13 | 49 |
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Distributions on and redemption of Operating Partnership units | - | - | - | - | - | - | - | 1 | 1 | 0 | 0 | 0 | 0 |
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Distributions on and redemption of Operating Partnership units | - | - | - | - | - | - | - | 1 | 1 | 0 | 0 | 0 | 0 |
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Payments of deferred financing costs | 6 | 7 | 5 | 4 | 1 | 5 | 2 | 4 | 10 | 4 | 15 | 1 | 8 |
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Payments of deferred financing costs | 6 | 7 | 5 | 4 | 1 | 5 | 2 | 4 | 10 | 4 | 15 | 1 | 8 |
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Cash received from a noncontrolling interest | - | - | - | - | - | - | 0 | 0 | 2 | 1 | 1 | 0 | - |
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Cash received from a noncontrolling interest | - | - | - | - | - | - | 0 | 0 | 2 | 1 | 1 | 0 | - |
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Cash paid to a noncontrolling interest | - | - | - | - | - | - | - | - | - | - | - | 3 | - |
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Cash paid to a noncontrolling interest | - | - | - | - | - | - | - | - | - | - | - | 3 | - |
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Net cash flow used in financing activities | 256 | -7 | 227 | 243 | -419 | -182 | -190 | -946 | -385 | 243 | -239 | -298 | -161 |
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Net cash flow used in financing activities | 256 | -7 | 227 | 243 | -419 | -182 | -190 | -946 | -385 | 243 | -239 | -298 | -161 |
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Net change in cash, cash equivalents, and restricted cash reserves | - | - | - | - | - | - | - | - | 542 | 8 | -221 | -177 | 19 |
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