Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$ 67,522	$ 180,709
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	19,309	12,589
Depreciation and amortization – marketing and reservation system	14,994	12,355
Franchise agreement acquisition cost amortization	8,343	7,537
Gain on disposal of assets	0	(2,181)
Loss on sale of business	0	4,666
Loss on asset disposition and impairments	5,516	7,271
Impairment of goodwill	0	3,097
Loss on extinguishment of debt	16,565	0
Non-cash stock compensation and other charges	4,748	12,433
Non-cash interest and other income	(465)	(2,615)
Deferred income taxes	(31,411)	3,268
Equity in net losses from unconsolidated joint ventures, less distributions received	7,320	12,234
Franchise agreement acquisition costs, net of reimbursements	(16,960)	(25,592)
Change in working capital and other, net of acquisition	(25,801)	(34,794)
Net cash provided by operating activities	69,680	190,977
CASH FLOWS FROM INVESTING ACTIVITIES:
Investment in property and equipment	(32,176)	(46,135)
Investment in intangible assets	(1,212)	(3,659)
Proceeds from sales of assets	0	10,585
Payment on business disposition, net	0	168,954
Proceeds from sale of unconsolidated joint venture	0	8,937
Payment on business disposition, net	0	(10,783)
Contributions to equity method investments	(4,620)	(17,329)
Distributions from equity method investments	3,362	9,841
Purchases of investments, employee benefit plans	(2,254)	(2,748)
Proceeds from sales of investments, employee benefit plans	2,372	2,197
Issuance of notes receivable	(9,845)	(10,767)
Collections of notes receivable	5,113	10,491
Proceeds from sale of tax credits	9,197	0
Other items, net	(473)	(1,842)
Net cash used in investing activities	(30,536)	(220,166)
CASH FLOWS FROM FINANCING ACTIVITIES:
Net (repayments) borrowings pursuant to revolving credit facilities	(18,200)	97,800
Proceeds from issuance of Term Loan	249,500	0
Proceeds from issuance of Term Loan	447,723	0
Principal payments on long-term debt, including premium on extinguishment	(466,915)	(371)
Payments to extinguish long-term debt	(14,347)	0
Purchase of treasury stock	(55,158)	(44,770)
Dividends paid	(25,274)	(36,103)
Debt issuance costs	(4,620)	(300)
Proceeds from issuance of long-term debt	0	23,863
Payments on transfer of interest in notes receivable	0	(24,409)
Proceeds from exercise of stock options	6,615	18,519
Net cash provided by financing activities	119,324	34,229
Net change in cash and cash equivalents	158,468	5,040
Effect of foreign exchange rate changes on cash and cash equivalents	(267)	(113)
Cash and cash equivalents at beginning of period	33,766	26,642
Cash and cash equivalents at end of period	191,967	31,569
Cash payments during the period for:
Income taxes, net of refunds	41	25,681
Interest, net of capitalized interest	37,338	42,169
Non-cash investing and financing activities:
Dividends declared but not paid	0	11,978
Investment in property and equipment acquired in accounts payable	$ 757	$ 1,575