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Transactions with Unconsolidated Affiliates
12 Months Ended
Dec. 31, 2022
Equity Method Investments and Joint Ventures [Abstract]  
Transactions with Unconsolidated Affiliates Transactions with Unconsolidated Affiliates
The Company extends loans to various unconsolidated affiliates or members of our unconsolidated affiliates. The Company has a total principal balance on these loans of $65.2 million and $90.7 million as of December 31, 2022 and December 31, 2021, respectively. These loans mature at various dates and bear interest at fixed and variable rates.
The Company signed a management fee arrangement for marketing services with a partner in an unconsolidated affiliate. For the years ended December 31, 2022, 2021 and 2020, fees earned and payroll costs reimbursed under this arrangement totaled $2.4 million, $1.4 million and $1.3 million, respectively.
The Company entered into franchise agreements with certain of the unconsolidated affiliates listed within Note 8. Pursuant to these franchise agreements, the Company recorded royalty and marketing and reservation system fees of approximately $27.2 million, $20.2 million, and $13.9 million for the years ended December 31, 2022, 2021 and 2020, respectively. The Company recorded $3.9 million and $2.7 million as a receivable due from these unconsolidated affiliates as of December 31, 2022 and 2021, respectively.