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Reportable Segments (Tables)

9 Months Ended

Sep. 30, 2024

Segment Reporting [Abstract]

Schedule of Financial Information for Company's Franchising Segment

The following tables present the financial information for the Company's segments:

			Three Months Ended September 30, 2024																								Three Months Ended September 30, 2023
(in thousands)			Hotel Franchising & Management						Corporate & Other						Intersegment Eliminations						Consolidated						Hotel Franchising & Management						Corporate & Other						Intersegment Eliminations						Consolidated
Revenues			$	395,795					$	35,385					$	(3,216)					$	427,964					$	395,742					$	33,832					$	(4,017)					$	425,557
Operating income (loss)			$	173,602					$	(21,819)					$	—					$	151,783					$	167,459					$	(32,417)					$	—					$	135,042
Income (loss) before income taxes			$	174,911					$	(37,763)					$	—					$	137,148					$	169,260					$	(48,031)					$	—					$	121,229
			Nine Months Ended September 30, 2024																								Nine Months Ended September 30, 2023
(in thousands)			Hotel Franchising & Management						Corporate & Other						Intersegment Eliminations						Consolidated						Hotel Franchising & Management						Corporate & Other						Intersegment Eliminations						Consolidated
Revenues			$	1,109,173					$	94,720					$	(8,824)					$	1,195,069					$	1,106,643					$	86,464					$	(7,338)					$	1,185,769
Operating income (loss)			$	433,693					$	(89,139)					$	—					$	344,554					$	422,881					$	(85,599)					$	—					$	337,282
Income (loss) before income taxes			$	442,781					$	(148,844)					$	—					$	293,937					$	424,804					$	(123,533)					$	—					$	301,271

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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 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

Reference 2: 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 3: 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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X

- References

No definition available.

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