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Reportable Segment Information (Tables)
12 Months Ended
Dec. 31, 2023
Segment Reporting [Abstract]  
Schedule of Financial Information for Company's Franchising Segment
The following tables presents the financial information for the Company's segments:
 For the Year Ended December 31, 2023
(in thousands)Hotel Franchising & ManagementCorporate &
Other
Intersegment EliminationsConsolidated
Revenues$1,444,394 $110,854 $(11,083)$1,544,165 
Operating income (loss)508,531 (133,503) 375,028 
Depreciation and amortization19,183 20,476  39,659 
Income (loss) before income taxes511,410 (174,454) 336,956 
 For the Year Ended December 31, 2022
(in thousands)Hotel Franchising & ManagementCorporate &
Other
Intersegment EliminationsConsolidated
Revenues$1,298,521 $108,879 $(5,451)$1,401,949 
Operating income (loss)552,905 (74,304)— 478,601 
Depreciation and amortization12,935 17,490 — 30,425 
Income (loss) before income taxes554,637 (117,831)— 436,806 
 For the Year Ended December 31, 2021
(in thousands)Hotel Franchising & ManagementCorporate &
Other
Intersegment EliminationsConsolidated
Revenues$1,026,409 $45,740 $(2,851)$1,069,298 
Operating income (loss)485,199 (56,266)— 428,933 
Depreciation and amortization8,050 16,723 — 24,773 
Income (loss) before income taxes468,894 (92,402)— 376,492