XML 27 R14.htm IDEA: XBRL DOCUMENT
v3.22.4

Property and Equipment | 12 Months Ended
--- | ---
Dec. 31, 2022
Property, Plant and Equipment [Abstract] |
Property and Equipment | Property and Equipment The components of property and equipment are:
| December 31,
(in thousands) | 2022 |  | 2021
Land and land improvements | $ | 37,335 |  |  | $ | 32,255 |
Construction in progress and software under development | 76,700 |  |  | 66,832 |
Computer equipment and software | 243,436 |  |  | 214,814 |
Buildings and leasehold improvements | 261,669 |  |  | 233,255 |
Furniture, fixtures, vehicles and equipment | 61,489 |  |  | 62,703 |
Property and equipment | 680,629 |  |  | 609,859 |
Less: Accumulated depreciation and amortization | (253,323) |  |  | (232,492) |
Property and equipment, net | $ | 427,306 |  |  | $ | 377,367 |
Unamortized capitalized software development costs at December 31, 2022 and 2021 totaled $58.5 million and $52.0 million, respectively. Amortization of software development costs for the years ended December 31, 2022, 2021 and 2020 totaled $26.6 million, $14.1 million, and $14.6 million, respectively. Depreciation expense, excluding amounts attributable to marketing and reservation activities, for the years ended December 31, 2022, 2021 and 2020 was $14.5 million, $16.5 million and $16.9 million, respectively. In the first quarter of 2022, the Company acquired a hotel property through a deed in lieu foreclosure at the fair value of $20.4 million as of the acquisition date of April 14, 2022. In the fourth quarter of 2021, the Company acquired a hotel property through a deed in lieu foreclosure at the fair value of $21.1 million as of the acquisition date of October 1, 2021. The Company acquired owned hotel property and equipment at the fair value of $125.4 million in the acquisition of Radisson Hotels Americas. Refer to Note 24.

X
- References No definition available. + Details
Name: | us-gaap_PropertyPlantAndEquipmentAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for long-lived, physical asset used in normal conduct of business and not intended for resale. Includes, but is not limited to, work of art, historical treasure, and similar asset classified as collections. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 6 -URI https://asc.fasb.org/extlink&oid=126982197&loc=d3e99893-112916 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -URI https://asc.fasb.org/topic&trid=2155823 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 7 -URI https://asc.fasb.org/extlink&oid=126982197&loc=SL120174063-112916 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 1 -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=126982197&loc=d3e99779-112916 + Details
Name: | us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration