CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
REVENUES
REVENUES	$ 425,557	$ 414,266	$ 1,185,769	$ 1,039,967
OPERATING EXPENSES
Selling, general and administrative	54,913	70,202	182,000	144,414
Depreciation and amortization	9,633	8,726	29,468	20,436
Total operating expenses	290,515	282,627	848,487	654,891
Gain on sale of business and assets, net	0	13,379	0	16,688
Operating income	135,042	145,018	337,282	401,764
OTHER INCOME AND EXPENSES, NET
Interest expense	16,168	9,362	46,522	32,084
Interest income	(1,897)	(2,348)	(5,836)	(5,256)
Other loss (gain)	1,343	2,303	(2,752)	9,578
Equity in net gain of affiliates	(1,801)	(1,075)	(1,923)	(1,279)
Total other income and expenses, net	13,813	8,242	36,011	35,127
Income before income taxes	121,229	136,776	301,271	366,637
Income tax expense	29,205	33,696	71,717	89,998
Net income	$ 92,024	$ 103,080	$ 229,554	$ 276,639
Basic earnings per share (in usd per share)	$ 1.83	$ 1.87	$ 4.51	$ 4.98
Diluted earnings per share (in usd per share)	1.81	1.85	4.47	4.93
Cash dividends declared per share (in usd per share)	$ 0.2875	$ 0.2375	$ 0.8625	$ 0.7125
Royalty, licensing and management fees
REVENUES
REVENUES	$ 148,512	$ 144,020	$ 396,503	$ 356,208
Initial franchise fees
REVENUES
REVENUES	6,194	7,011	21,240	21,635
Platform and procurement services fees
REVENUES
REVENUES	15,542	14,401	58,186	47,887
Owned hotels
REVENUES
REVENUES	26,239	19,992	74,075	49,220
OPERATING EXPENSES
Operating expenses	18,628	13,158	53,924	32,004
Other
REVENUES
REVENUES	11,436	31,432	33,211	51,588
Other revenues from franchised and managed properties
REVENUES
REVENUES	217,634	197,410	602,554	513,429
OPERATING EXPENSES
Operating expenses	$ 207,341	$ 190,541	$ 583,095	$ 458,037