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Reportable Segment Information (Tables) | 6 Months Ended
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Jun. 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 June 30, 2023 |  | Three Months Ended June 30, 2022
(in thousands) | Hotel Franchising & Management |  | Corporate & Other |  | Intersegment Eliminations |  | Consolidated |  | Hotel Franchising & Management |  | Corporate & Other |  | Intersegment Eliminations |  | Consolidated
Revenues | $ | 401,854 |  |  | $ | 26,568 |  |  | $ | (1,002) |  |  | $ | 427,420 |  |  | $ | 349,857 |  |  | $ | 19,411 |  |  | $ | (1,294) |  |  | $ | 367,974 |
Operating income (loss) | $ | 149,931 |  |  | $ | (25,542) |  |  | $ | — |  |  | $ | 124,389 |  |  | $ | 165,448 |  |  | $ | (8,099) |  |  | $ | — |  |  | $ | 157,349 |
Income (loss) before income taxes | $ | 150,116 |  |  | $ | (37,569) |  |  | $ | — |  |  | $ | 112,547 |  |  | $ | 165,405 |  |  | $ | (23,279) |  |  | $ | — |  |  | $ | 142,126 |
| Six Months Ended June 30, 2023 |  | Six Months Ended June 30, 2022
(in thousands) | Hotel Franchising & Management |  | Corporate & Other |  | Intersegment Eliminations |  | Consolidated |  | Hotel Franchising & Management |  | Corporate & Other |  | Intersegment Eliminations |  | Consolidated
Revenues | $ | 710,901 |  |  | $ | 52,632 |  |  | $ | (3,321) |  |  | $ | 760,212 |  |  | $ | 594,228 |  |  | $ | 33,671 |  |  | $ | (2,198) |  |  | $ | 625,701 |
Operating income (loss) | $ | 255,422 |  |  | $ | (53,182) |  |  | $ | — |  |  | $ | 202,240 |  |  | $ | 272,768 |  |  | $ | (16,022) |  |  | $ | — |  |  | $ | 256,746 |
Income (loss) before income taxes | $ | 255,544 |  |  | $ | (75,502) |  |  | $ | — |  |  | $ | 180,042 |  |  | $ | 272,969 |  |  | $ | (43,108) |  |  | $ | — |  |  | $ | 229,861 |

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-25 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-22 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-30 + Details
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