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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
REVENUES      
Topic 606 revenues $ 774,072 $ 1,114,820 $ 1,041,304
Total revenues 774,072 1,114,820 1,041,304
OPERATING EXPENSES      
Selling, general and administrative 148,524 168,833 170,027
Depreciation and amortization 25,831 18,828 14,330
Marketing and reservation system 446,847 579,139 534,266
Owned hotels 16,066 14,448 0
Total operating expenses 637,268 781,248 718,623
Impairment of goodwill 0 (3,097) (4,289)
Impairment of long-lived assets (14,751) (7,259) 0
Loss on sale of business 0 (4,674) 0
Gain on sale of assets, net 0 100 82
Operating income 122,053 318,642 318,474
OTHER INCOME AND EXPENSES, NET      
Interest expense 49,028 46,807 45,908
Interest income (7,688) (9,996) (7,452)
Loss on extinguishment of debt 16,565 7,188 0
Other (gain) loss (4,147) (4,862) 1,437
Equity in net loss of affiliates 15,289 9,576 5,323
Total other income and expenses, net 69,047 48,713 45,216
Income before income taxes 53,006 269,929 273,258
Income tax (benefit) expense (22,381) 47,051 56,903
Net income $ 75,387 $ 222,878 $ 216,355
Earnings Per Share, Basic [Abstract]      
Basic earnings per share (in dollars per share) $ 1.36 $ 4.00 $ 3.83
Diluted earnings per share (in dollars per share) $ 1.35 $ 3.98 $ 3.80
Royalty fees      
REVENUES      
Topic 606 revenues $ 263,308 $ 388,151 $ 376,676
Initial franchise and relicensing fees      
REVENUES      
Topic 606 revenues 25,906 27,489 26,072
Procurement services      
REVENUES      
Topic 606 revenues 45,242 61,429 52,088
Marketing and reservation system      
REVENUES      
Topic 606 revenues 402,568 577,426 543,677
Owned hotels      
REVENUES      
Total revenues 20,168 20,282 0
Other      
REVENUES      
Total revenues $ 16,880 $ 40,043 $ 42,791