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Reportable Segment Information
 9 Months Ended
Sep. 30, 2017
Segment Reporting [Abstract]  
Reportable Segment Information
Reportable Segment Information

Hotel Franchising: Hotel franchising includes the Company's hotel franchising operations consisting of its eleven brands. The eleven brands are aggregated within this segment considering their similar economic characteristics, types of customers, distribution channels and regulatory business environments. Revenues from the hotel franchising business include royalty fees, initial franchise and relicensing fees, marketing and reservation system fees, procurement services revenue and other franchising related revenue. The Company is obligated under its hotel franchise agreements to provide marketing and reservation services appropriate for the operation of its systems. These services do not represent separate reportable segments as their operations are directly related to the Company's hotel franchising business. The revenues received from franchisees that are used to pay for part of the Company's ongoing operations are included in hotel franchising revenues and are offset by the related expenses paid for marketing and reservation activities to calculate hotel franchising operating income.
SkyTouch Technology: SkyTouch Technology ("SkyTouch") is a division of the Company that develops and markets cloud-based technology products to hoteliers not under franchise agreements with the Company.
The Company evaluates its segments based primarily on the results of the segment without allocating corporate expenses, income taxes or indirect general and administrative expenses, which are included in the Corporate and Other column. Corporate and Other revenues include rental income related to an office building owned by the Company, as well as revenues related to the Company's vacation rental initiatives. Equity in earnings or losses from hotel franchising related joint ventures is allocated to the Company's hotel franchising segment. As described in Note 4, certain interest expenses related to the Company's marketing and reservation activities are allocated to the hotel franchising segment. The Company does not allocate the remaining interest expense, interest income, other gains and losses or income taxes to its segments.
The following table presents the financial information for the Company's segments:
 
Three Months Ended September 30, 2017
 
Three Months Ended September 30, 2016
(In thousands)
Hotel Franchising
 
SkyTouch Technology
 
Corporate &
Other
 
Consolidated
 
Hotel Franchising
 
SkyTouch Technology
 
Corporate &
Other
 
Consolidated
 
 
 
 
 
 
 
 
 
 
Revenues
$
292,229

 
$
803

 
$
2,056

 
$
295,088

 
$
265,152

 
$
526

 
$
1,899

 
$
267,577

Operating income (loss)
$
101,271

 
$
(580
)
 
$
(22,857
)
 
$
77,834

 
$
95,760

 
$
(3,594
)
 
$
(13,548
)
 
$
78,618

Income (loss) before income taxes
$
100,996

 
$
(580
)
 
$
(31,902
)
 
$
68,514

 
$
97,482

 
$
(3,594
)
 
$
(23,688
)
 
$
70,200



 
Nine Months Ended September 30, 2017
 
Nine Months Ended September 30, 2016
(In thousands)
Hotel Franchising
 
SkyTouch Technology
 
Corporate &
Other
 
Consolidated
 
Hotel Franchising
 
SkyTouch Technology
 
Corporate &
Other
 
Consolidated
 
 
 
 
 
 
 
 
 
 
Revenues
$
761,814

 
$
2,135

 
$
5,836

 
$
769,785

 
$
709,924

 
$
1,395

 
$
5,127

 
$
716,446

Operating income (loss)
$
259,045

 
$
(3,159
)
 
$
(48,039
)
 
$
207,847

 
$
237,926

 
$
(12,669
)
 
$
(38,824
)
 
$
186,433

Income (loss) before income taxes
$
255,831

 
$
(3,159
)
 
$
(75,394
)
 
$
177,278

 
$
238,212

 
$
(12,669
)
 
$
(69,355
)
 
$
156,188