CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
REVENUES
REVENUES	$ 427,420	$ 367,974	$ 760,212	$ 625,701
OPERATING EXPENSES
Selling, general and administrative	67,804	43,888	127,087	74,212
Depreciation and amortization	9,812	5,479	19,835	11,710
Total operating expenses	303,031	213,905	557,972	372,264
Gain on sale of business and assets, net	0	3,280	0	3,309
Operating income	124,389	157,349	202,240	256,746
OTHER INCOME AND EXPENSES, NET
Interest expense	16,270	11,252	30,354	22,722
Interest income	(2,056)	(1,628)	(3,939)	(2,908)
Other (gain) loss	(2,187)	5,559	(4,095)	7,275
Equity in net (gain) loss of affiliates	(185)	40	(122)	(204)
Total other income and expenses, net	11,842	15,223	22,198	26,885
Income before income taxes	112,547	142,126	180,042	229,861
Income tax expense	27,837	35,958	42,512	56,302
Net income	$ 84,710	$ 106,168	$ 137,530	$ 173,559
Basic earnings per share (in usd per share)	$ 1.66	$ 1.90	$ 2.68	$ 3.11
Diluted earnings per share (in usd per share)	1.65	1.89	2.66	3.08
Cash dividends declared per share (in usd per share)	$ 0.2875	$ 0.2375	$ 0.5750	$ 0.4750
Royalty, licensing and management fees
REVENUES
REVENUES	$ 140,499	$ 121,449	$ 247,991	$ 212,188
Initial franchise fees
REVENUES
REVENUES	7,164	6,222	15,046	14,624
Platform and procurement services fees
REVENUES
REVENUES	28,801	21,803	42,644	33,486
Owned hotels
REVENUES
REVENUES	25,504	17,191	47,836	29,228
OPERATING EXPENSES
Operating expenses	18,150	10,692	35,296	18,846
Other
REVENUES
REVENUES	11,148	11,927	21,775	20,156
Other revenues from franchised and managed properties
REVENUES
REVENUES	214,304	189,382	384,920	316,019
OPERATING EXPENSES
Operating expenses	$ 207,265	$ 153,846	$ 375,754	$ 267,496