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Property and Equipment
 12 Months Ended
Dec. 31, 2024
Property, Plant and Equipment [Abstract]  
Property and Equipment Property and Equipment
The components of property and equipment were the following:
December 31,
(in thousands)20242023
Land and land improvements$51,045 $44,978 
Construction in progress and software under development151,756 98,310 
Computer equipment and software105,196 261,287 
Buildings and leasehold improvements354,689 305,485 
Furniture, fixtures, vehicles and equipment67,562 63,917 
Property and equipment730,248 773,977 
Less: Accumulated depreciation and amortization(125,903)(280,499)
Property and equipment, net$604,345 $493,478 
For the years ended December 31, 2024, 2023, and 2022, the Company recognized depreciation and amortization expense of $23.0 million, $20.9 million, and $14.5 million, respectively, in depreciation and amortization in the consolidated statements of income. Additionally, for the years ended December 31, 2024, 2023, and 2022, the Company recognized depreciation and
amortization expense of $25.6 million, $32.2 million, and $29.4 million, respectively, in other expenses from franchised and managed properties in the consolidated statements of income.
For the years ended December 31, 2024, 2023, and 2022, the Company recognized amortization of capitalized software development costs of $22.8 million, $30.3 million, and $26.6 million, respectively, which are included in the total depreciation and amortization expense amounts that are disclosed in the paragraph above. As of December 31, 2024 and 2023, unamortized capitalized software development costs were $65.3 million and $50.3 million, respectively.