XML 33 R20.htm IDEA: XBRL DOCUMENT v3.22.4
Deferred Revenue
 12 Months Ended
Dec. 31, 2022
Deferred Revenue and Credits [Abstract]  
Deferred Revenue Deferred Revenue
Deferred revenue consists of the following:
December 31,
(in thousands)20222021
Initial franchise fees$123,790 $96,628 
Loyalty programs93,419 82,742 
System implementation fees4,675 5,865 
Procurement services fees2,568 1,410 
Other2,392 678 
Total deferred revenue$226,844 $187,323 
Current portion$92,695 $81,538 
Long-term portion$134,149 $105,785 
Refer to Note 2 for revenue recognition policies resulting in the deferral of revenue, including loyalty programs and the relationship between the loyalty programs deferred revenue and the liability for the guest loyalty program.