CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
REVENUES
Total revenues	$ 414,266	$ 323,369	$ 1,039,967	$ 784,660
OPERATING EXPENSES
Selling, general and administrative	70,202	35,110	144,414	99,847
Depreciation and amortization	8,726	5,883	20,436	18,477
Total operating expenses	282,627	164,263	654,891	462,532
Gain on sale of business and assets, net	13,379	0	16,688	0
Operating income	145,018	159,106	401,764	322,128
OTHER INCOME AND EXPENSES, NET
Interest expense	9,362	11,638	32,084	35,106
Interest income	(2,348)	(1,202)	(5,256)	(3,717)
Other loss (gain)	2,303	407	9,578	(2,906)
Equity in net loss (gain) of affiliates	(1,075)	(3,326)	(1,279)	1,492
Total other income and expenses, net	8,242	7,517	35,127	29,975
Income before income taxes	136,776	151,589	366,637	292,153
Income tax expense	33,696	34,934	89,998	67,279
Net income	$ 103,080	$ 116,655	$ 276,639	$ 224,874
Basic earnings per share (in usd per share)	$ 1.87	$ 2.10	$ 4.98	$ 4.05
Diluted earnings per share (in usd per share)	1.85	2.08	4.93	4.01
Cash dividends declared per share (in usd per share)	$ 0.2375	$ 0.225	$ 0.7125	$ 0.450
Royalty, licensing and management fees
REVENUES
Total revenues	$ 144,020	$ 127,317	$ 356,208	$ 299,606
Initial franchise fees
REVENUES
Total revenues	7,011	6,149	21,635	18,904
Procurement services
REVENUES
Total revenues	14,401	13,010	47,887	36,293
Owned hotels
REVENUES
Total revenues	19,992	11,377	49,220	24,724
OPERATING EXPENSES
Operating expenses	13,158	7,054	32,004	16,534
Other
REVENUES
Total revenues	31,432	8,645	51,588	20,753
Other revenues from franchised and managed properties
REVENUES
Total revenues	197,410	156,871	513,429	384,380
OPERATING EXPENSES
Operating expenses	$ 190,541	$ 116,216	$ 458,037	$ 327,674