Consolidated Statements Of Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
REVENUES:
Royalty fees	$ 81,183	$ 77,670	$ 143,614	$ 136,210
Initial franchise and relicensing fees	5,816	4,722	11,533	8,462
Procurement services	8,589	8,020	13,396	12,798
Marketing and reservation	133,122	103,766	231,835	193,372
Other	3,446	3,486	7,023	6,558
Total revenues	232,156	197,664	407,401	357,400
OPERATING EXPENSES:
Selling, general and administrative	33,122	31,413	65,560	58,093
Depreciation and amortization	2,995	2,332	5,685	4,610
Marketing and reservation	133,122	103,766	231,835	193,372
Total operating expenses	169,239	137,511	303,080	256,075
Operating income	62,917	60,153	104,321	101,325
OTHER INCOME AND EXPENSES, NET:
Interest expense	11,057	10,710	21,236	20,881
Interest income	(277)	(347)	(623)	(850)
Other (gains) and losses	(1,173)	(474)	(1,641)	(533)
Equity in net loss of affiliates	431	30	1,436	65
Total other income and expenses, net	10,038	9,919	20,408	19,563
Income from continuing operations before income taxes	52,879	50,234	83,913	81,762
Income taxes	17,066	14,955	26,506	25,014
Income from continuing operations, net of income taxes	35,813	35,279	57,407	56,748
Income from discontinued operations, net of income taxes	0	121	0	1,762
Net income	$ 35,813	$ 35,400	$ 57,407	$ 58,510
Basic earnings per share
Continuing operations (in dollars per share)	$ 0.62	$ 0.61	$ 1.00	$ 0.97
Discontinued operations (in dollars per share)	0.00	0.00	0.00	0.03
Basic earnings per share (in dollars per share)	0.62	0.61	1.00	1.00
Diluted earnings per share
Continuing operations (in dollars per share)	0.62	0.60	0.99	0.96
Discontinued operations (in dollars per share)	0.00	0.00	0.00	0.03
Diluted earnings per share (in dollars per share)	0.62	0.60	0.99	0.99
Cash dividends declared per share (in dollars per share)	$ 0.195	$ 0.185	$ 0.39	$ 0.37