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Reportable Segment Information (Tables)

6 Months Ended

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

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- References

No definition available.

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