Discontinued — last reported Q1 '20
An increase may signal proactive investment in asset quality or necessary renovations to drive future revenue, while a decrease could indicate deferred maintenance or a strategic shift toward an asset-light model.
This metric represents the cash outflows used by the company to acquire, maintain, or improve physical property and equi...
Peers in the hospitality industry with owned real estate portfolios typically report this as 'Maintenance CapEx' or 'Property Improvements,' with levels often correlated to the age and luxury tier of the hotel assets.
hlt_segment_ownership_capital_expenditures_for_property_and_equipment