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v3.23.1

Revenue (Tables) | 3 Months Ended
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Mar. 31, 2023
Revenue from Contract with Customer [Abstract] |
Schedule of Contract with Customer, Liability | Significant changes in the contract liabilities balances during the period December 31, 2022 to March 31, 2023 are as follows:
(in thousands) |
Balance as of December 31, 2022 | $ | 209,359 |
Increases to the contract liability balance due to cash received | 24,053 |
Revenue recognized in the period | (27,549) |
Balance as of March 31, 2023 | $ | 205,863 |
Schedule of Disaggregation of Revenue | Disaggregation of Revenue
| Three Months Ended |  | Three Months Ended
| March 31, 2023 |  | March 31, 2022
(in thousands) | Over time |  | Point in time |  | Total |  | Over time |  | Point in time |  | Total
Royalty, licensing and management fees | $ | 107,492 |  |  | $ | — |  |  | $ | 107,492 |  |  | $ | 90,739 |  |  | $ | — |  |  | $ | 90,739 |
Initial franchise fees | 7,882 |  |  | — |  |  | 7,882 |  |  | 8,402 |  |  | — |  |  | 8,402 |
Platform and procurement services fees | 13,239 |  |  | 604 |  |  | 13,843 |  |  | 11,131 |  |  | 552 |  |  | 11,683 |
Owned hotels | 16,893 |  |  | 5,440 |  |  | 22,333 |  |  | 10,040 |  |  | 1,997 |  |  | 12,037 |
Other | 10,627 |  |  | — |  |  | 10,627 |  |  | 8,229 |  |  | — |  |  | 8,229 |
Other revenues from franchised and managed properties | 155,438 |  |  | 15,178 |  |  | 170,616 |  |  | 112,259 |  |  | 14,378 |  |  | 126,637 |
Total revenues | $ | 311,571 |  |  | $ | 21,222 |  |  | $ | 332,793 |  |  | $ | 240,800 |  |  | $ | 16,927 |  |  | $ | 257,727 |

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- Definition Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 10 -URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130551-203045 + Details
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- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 5 -URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130545-203045 + Details
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- References No definition available. + Details
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