XML 71 R62.htm IDEA: XBRL DOCUMENT v3.22.2.2
Acquisitions - Schedule of Recognized Identified Assets Acquired and Liabilities Assumed (Details) - USD ($)
$ in Thousands
Sep. 30, 2022
Aug. 11, 2022
Dec. 31, 2021
Liabilities assumed      
Goodwill $ 227,703   $ 159,196
Radisson Hotels Americas      
Assets acquired      
Cash and cash equivalents   $ 113,023  
Restricted cash   10,403  
Accounts receivable   32,972  
Notes receivables - current   1,709  
Prepaid expenses and other current assets   8,139  
Property and equipment   125,441  
Operating lease right-of-use of assets   42,315  
Intangible assets   447,400  
Notes receivable - noncurrent   2,592  
Investment in affiliates   471  
Other assets   2,129  
Total assets acquired   786,594  
Liabilities assumed      
Accounts payable   8,295  
Accrued expenses and other current liabilities   15,987  
Deferred revenue - current   5,745  
Liability for guest loyalty program - current   3,542  
Long-term debt   55,975  
Long-term deferred revenue   26,499  
Deferred compensation and retirement plan obligations   9,265  
Operating lease liabilities   42,705  
Liability for guest loyalty program - noncurrent   10,180  
Other liabilities   3,052  
Total liabilities assumed   181,245  
Fair value of net assets acquired   605,349  
Goodwill $ 68,507    
Total purchase consideration   $ 673,856