Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
CASH FLOWS FROM OPERATING ACTIVITIES
Net income	$ 22,337	$ 55,463
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	6,362	6,529
Depreciation and amortization – marketing and reservation system	5,815	4,873
Franchise agreement acquisition cost amortization	3,044	2,819
Loss on debt extinguishment	0	607
Non-cash stock compensation and other charges	5,026	(2,575)
Non-cash interest and other investment (income) loss	(2,059)	4,339
Deferred income taxes	(1,378)	(26,677)
Equity in net losses from unconsolidated joint ventures, less distributions received	5,997	2,105
Franchise agreement acquisition costs, net of reimbursements	(6,770)	(7,122)
Change in working capital and other	(38,254)	(34,597)
Net cash provided by operating activities	120	5,764
CASH FLOWS FROM INVESTING ACTIVITIES
Investment in property and equipment	(9,364)	(6,229)
Investment in intangible assets	(885)	(1,004)
Contributions to equity method investments	(968)	(2,201)
Distributions from equity method investments	0	157
Purchases of investments, employee benefit plans	(551)	(1,544)
Proceeds from sales of investments, employee benefit plans	1,992	1,697
Issuance of notes receivable	0	(5,778)
Collection of notes receivable	63	63
Other items, net	0	14
Net cash used in investing activities	(9,713)	(14,825)
CASH FLOWS FROM FINANCING ACTIVITIES
Net borrowings pursuant to revolving credit facilities	0	396,800
Principal payments on long-term debt	0	(33,239)
Purchase of treasury stock	(5,046)	(54,072)
Dividends paid	0	(12,791)
Proceeds from exercise of stock options	2,845	1,235
Net cash (used in) provided by financing activities	(2,201)	297,933
Net change in cash and cash equivalents	(11,794)	288,872
Effect of foreign exchange rate changes on cash and cash equivalents	(24)	(684)
Cash and cash equivalents at beginning of period	234,779	33,766
Cash and cash equivalents at end of period	222,961	321,954
Cash payments during the period for:
Income taxes, net of refunds	323	1,024
Interest, net of capitalized interest	14,349	12,627
Non-cash investing and financing activities:
Dividends declared but not paid	0	12,313
Investment in property, equipment and intangibles acquired in accounts payable and accrued liabilities	$ 2,785	$ 2,709