Reportable Segment Information (Tables)

9 Months Ended

Sep. 30, 2023

Segment Reporting [Abstract]

Schedule of Financial Information for Company's Franchising Segment

The following table presents the financial information for the Company's segments:

	Three Months Ended September 30, 2023								Three Months Ended September 30, 2022
(in thousands)	Hotel Franchising & Management		Corporate & Other		Intersegment Eliminations		Consolidated		Hotel Franchising & Management		Corporate & Other		Intersegment Eliminations		Consolidated
Revenues	$	395,742	$	33,832	$	(4,017)	$	425,557	$	386,124	$	29,692	$	(1,550)	$	414,266
Operating income (loss)	$	167,459	$	(32,417)	$	—	$	135,042	$	161,084	$	(16,066)	$	—	$	145,018
Income (loss) before income taxes	$	169,260	$	(48,031)	$	—	$	121,229	$	162,162	$	(25,386)	$	—	$	136,776
	Nine Months Ended September 30, 2023								Nine Months Ended September 30, 2022
(in thousands)	Hotel Franchising & Management		Corporate & Other		Intersegment Eliminations		Consolidated		Hotel Franchising & Management		Corporate & Other		Intersegment Eliminations		Consolidated
Revenues	$	1,106,643	$	86,464	$	(7,338)	$	1,185,769	$	980,352	$	63,363	$	(3,748)	$	1,039,967
Operating income (loss)	$	422,881	$	(85,599)	$	—	$	337,282	$	433,852	$	(32,088)	$	—	$	401,764
Income (loss) before income taxes	$	424,804	$	(123,533)	$	—	$	301,271	$	435,131	$	(68,494)	$	—	$	366,637