Consolidated Statements of Cash Flows $ in Thousands	12 Months Ended
	Dec. 31, 2020 USD ($)	Dec. 31, 2019 USD ($)	Dec. 31, 2018 USD ($)
CASH FLOWS FROM OPERATING ACTIVITIES
Net income	$ 75,387	$ 222,878	$ 216,355
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	25,831	18,828	14,330
Depreciation and amortization - marketing and reservation system	22,625	17,294	19,597
Franchise agreement acquisition cost amortization	11,310	7,992	9,239
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
Loss on debt extinguishment	16,565	7,188	0
Gain on disposal of assets, net	0	(2,103)	(56)
Non-cash stock compensation and other charges	9,690	17,615	15,986
Non-cash interest and other investment (income) loss	(6,723)	(4,010)	3,695
Deferred income taxes	(44,826)	9,810	(3,510)
Equity in net losses from unconsolidated joint ventures, less distributions received	15,439	12,562	7,389
Franchise agreement acquisition costs, net of reimbursements	(36,479)	(38,944)	(52,929)
Change in working capital and other, net of acquisition	6,491	(13,584)	8,511
Net cash provided by operating activities	110,061	270,556	242,896
CASH FLOWS FROM INVESTING ACTIVITIES
Investment in property and equipment	(33,603)	(57,342)	(47,673)
Investment in intangible assets	(1,359)	(6,699)	(1,803)
Proceeds from sales of assets	0	10,585	3,053
Asset acquisitions, net of cash acquired	0	(168,954)	(3,179)
Proceeds from sale of unconsolidated joint venture	7,435	8,937	0
Proceeds from sale of tax credits for rehabilitation of historic building	9,197	0	0
Business acquisition, net of cash acquired	0	0	(231,317)
Payment on business disposition, net	0	(10,783)	0
Contributions to equity method investments	(5,454)	(27,828)	(9,604)
Distributions from equity method investments	3,363	10,241	1,429
Purchases of investments, employee benefit plans	(2,562)	(3,175)	(2,895)
Proceeds from sales of investments, employee benefit plans	2,478	2,217	2,825
Issuance of notes receivable	(9,845)	(20,722)	(36,045)
Collections of notes receivable	6,494	14,231	4,997
Other items, net	(623)	(1,875)	(1,040)
Net cash used in investing activities	(24,479)	(251,167)	(321,252)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from issuance of long term debt	0	422,376	9,037
Proceeds from issuance of Term Loan	249,500	0	0
Proceeds from issuance of 2020 Senior Notes	447,723	0	0
Net (repayments) borrowings pursuant to revolving credit facilities	(18,480)	(72,400)	20,600
Principal payments on long-term debt	(473,857)	(250,497)	(603)
Payments to extinguish long-term debt	(14,347)	(6,312)	0
Debt issuance costs	(4,620)	(3,936)	(2,590)
Purchases of treasury stock	(55,450)	(50,638)	(148,679)
Dividends paid	(25,274)	(48,089)	(48,715)
(Payments on) proceeds from transfer of interest in notes receivable	0	(24,409)	173
Proceeds from exercise of stock options	10,203	21,410	41,360
Net cash provided by (used in) financing activities	115,398	(12,495)	(129,417)
Net change in cash and cash equivalents	200,980	6,894	(207,773)
Effect of foreign exchange rate changes on cash and cash equivalents	33	230	(921)
Cash and cash equivalents at beginning of period	33,766	26,642	235,336
Cash and cash equivalents at end of period	234,779	33,766	26,642
Cash payments during the year for
Income taxes, net of refunds	8,605	41,859	77,357
Interest, net of capitalized interest	45,145	48,179	43,254
Non-cash investing and financing activities
Dividends declared but not paid	0	12,535	11,977
Investment in property, equipment and intangibles acquired in accounts payable and accrued liabilities	$ 1,421	$ 959	$ 5,949