Transactions with Unconsolidated Affiliates

6 Months Ended

Jun. 30, 2023

Equity Method Investments and Joint Ventures [Abstract]

Transactions with Unconsolidated Affiliates

Transactions with Unconsolidated Affiliates

The Company has management fee arrangements with certain of the unconsolidated affiliates discussed in Note 4. The fees earned and payroll costs reimbursed under these arrangements totaled $1.9 million and $0.6 million for the three months ended June 30, 2023 and 2022, respectively, and $3.7 million and $0.9 million for the six months ended June 30, 2023 and 2022, respectively.

The Company has entered into franchise agreements with certain unconsolidated affiliates. Pursuant to these franchise agreements, for the three months ended June 30, 2023 and 2022, the Company recorded royalty and marketing reservation system fees of approximately $7.8 million and $6.4 million, respectively. For the six months ended June 30, 2023 and 2022, the Company recorded royalty and marketing reservation fees of approximately $13.6 million and $10.6 million, respectively. The Company recorded $4.9 million and $3.9 million as a receivable due from these affiliates as of June 30, 2023 and December 31, 2022, respectively.