Revenue (Tables)

3 Months Ended

Mar. 31, 2023

Revenue from Contract with Customer [Abstract]

Schedule of Contract with Customer, Liability

Significant changes in the contract liabilities balances during the period December 31, 2022 to March 31, 2023 are as follows:

(in thousands)
Balance as of December 31, 2022	$	209,359
Increases to the contract liability balance due to cash received	24,053
Revenue recognized in the period	(27,549)
Balance as of March 31, 2023	$	205,863

Schedule of Disaggregation of Revenue

Disaggregation of Revenue

	Three Months Ended						Three Months Ended
	March 31, 2023						March 31, 2022
(in thousands)	Over time		Point in time		Total		Over time		Point in time		Total
Royalty, licensing and management fees	$	107,492	$	—	$	107,492	$	90,739	$	—	$	90,739
Initial franchise fees	7,882		—		7,882		8,402		—		8,402
Platform and procurement services fees	13,239		604		13,843		11,131		552		11,683
Owned hotels	16,893		5,440		22,333		10,040		1,997		12,037
Other	10,627		—		10,627		8,229		—		8,229
Other revenues from franchised and managed properties	155,438		15,178		170,616		112,259		14,378		126,637
Total revenues	$	311,571	$	21,222	$	332,793	$	240,800	$	16,927	$	257,727