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Reportable Segment Information (Tables)
12 Months Ended
Dec. 31, 2018
Segment Reporting [Abstract]  
Schedule of Financial Information for Company's Franchising Segment
The following tables present the financial information for the Company's segments:
 
For the Year Ended December 31, 2018
 
Hotel Franchising
 
Corporate
& Other
 
Consolidated
(In thousands)
 
Revenues
$
1,027,047

 
$
14,257

 
$
1,041,304

Operating income (loss)
378,014

 
(59,540
)
 
318,474

Depreciation and amortization
7,352

 
6,978

 
14,330

Income (loss) before income taxes
372,691

 
(99,433
)
 
273,258

Capital expenditures
34,737

 
12,936

 
47,673

Total assets
990,943

 
147,427

 
1,138,370

 
 
 
 
 
 
 
For the Year Ended December 31, 2017
 
Hotel Franchising
 
Corporate
& Other
 
Consolidated
(In thousands)
 
Revenues
$
930,479

 
$
10,818

 
$
941,297

Operating income (loss)
356,187

 
(66,534
)
 
289,653

Depreciation and amortization
462

 
6,218

 
6,680

Income (loss) before income taxes
351,641

 
(102,424
)
 
249,217

Capital expenditures
20,839

 
2,598

 
23,437

Total assets
651,264

 
343,927

 
995,191

 
 
 
 
 
 
 
For the Year Ended December 31, 2016
 
Hotel Franchising
 
Corporate
& Other
 
Consolidated
(In thousands)
 
Revenues
$
799,093

 
$
8,816

 
$
807,909

Operating income (loss)
255,514

 
(68,459
)
 
187,055

Depreciation and amortization
482

 
6,514

 
6,996

Income (loss) before income taxes
256,007

 
(107,867
)
 
148,140

Capital expenditures
20,600

 
4,591

 
25,191

Total assets
544,987

 
363,469

 
908,456