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Deferred Revenue
12 Months Ended
Dec. 31, 2021
Deferred Revenue and Credits [Abstract]  
Deferred Revenue Deferred Revenue
Deferred revenue consists of the following:
December 31,
(in thousands)20212020
Initial franchising and relicensing fees$96,628 $97,340 
Loyalty programs82,742 63,625 
System implementation fees5,865 6,760 
Procurement services fees1,410 2,508 
Other678 2,463 
Total deferred revenue$187,323 $172,696 
Current portion$81,538 $50,290 
Long-term portion$105,785 $122,406 
Refer to Note 2 for revenue recognition policies resulting in the deferral of revenue, including loyalty programs and the relationship between the loyalty programs deferred revenue and the liability for the guest loyalty program.