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Reportable Segments
 6 Months Ended
Jun. 30, 2025
Segment Reporting [Abstract]  
Reportable Segments Reportable Segments
The Hotel Franchising & Management reportable segment includes the Company's hotel franchising operations, which consists of its 22 brands and brand extensions and the hotel management operations of 13 hotels (inclusive of four owned hotels). The 22 brands and brand extensions and hotel management operations are aggregated together within this reportable segment because they have similar economic characteristics, types of customers, distribution channels, and regulatory business environments. The revenues from the hotel franchising and management business include royalty fees, initial franchise fees and relicensing fees, cost reimbursement revenues, partnership services and fees, base and incentive management fees, and other hotel franchising and management-related revenue. The Company provides certain services under its franchise and management agreements which result in direct and indirect reimbursements. The cost reimbursement revenues received from the franchisees are included in Hotel Franchising & Management revenues and are offset by the related expenses in order to calculate Hotel Franchising & Management operating income. The equity in the earnings or losses from the hotel franchising-related investment in affiliates is allocated to the Hotel Franchising & Management reportable segment.
The Company evaluates its Hotel Franchising & Management reportable segment based primarily on the operating income of the segment without allocating corporate expenses or indirect general and administrative expenses. The Corporate & Other column includes the operations of the Company's owned hotels.
Intersegment Eliminations to revenues is the elimination of Hotel Franchising & Management revenue which includes royalty fees, management and cost reimbursement fees charged to our owned hotels against the franchise and management fee expense that is recognized by our owned hotels in Corporate & Other operating income (loss).
Our President and Chief Executive Officer, who is our chief operating decision maker ("CODM"), utilizes budgeted and forecasted financial information as well as industry metrics, such as revenue per available room ("RevPar"), occupancy, and average daily room rate ("ADR"), to assess the performance and to make resource allocation decisions. The CODM does not use assets by operating segment when assessing the performance or when making operating segment resource allocation decisions and therefore, assets by segment are not disclosed below.
The following tables present the financial information for the Company's segments:
 Three Months Ended June 30, 2025Three Months Ended June 30, 2024
(in thousands)Hotel Franchising & ManagementCorporate &
Other		Intersegment EliminationsConsolidatedHotel Franchising & ManagementCorporate &
Other		Intersegment EliminationsConsolidated
Revenues$396,841 $32,724 $(3,122)$426,443 $414,019 $24,198 $(3,061)$435,156 
Other segment items (1)
231,648 59,896 (3,122)288,422 242,429 50,329 (3,061)289,697 
Depreciation and amortization7,327 6,097 — 13,424 6,347 6,490 — 12,837 
Operating income (loss)157,866 (33,269)— 124,597 165,243 (32,621)— 132,622 
Reconciliation of segment profit or loss:
Interest expense22,736 23,845 
Interest income(1,456)(2,415)
Other (gain) loss(5,374)2,544 
Equity in net loss (gain) of affiliates80 (7,933)
Income before income taxes$108,611 $116,581 
Six Months Ended June 30, 2025Six Months Ended June 30, 2024
(in thousands)Hotel Franchising & ManagementCorporate &
Other		Intersegment EliminationsConsolidatedHotel Franchising & ManagementCorporate &
Other		Intersegment EliminationsConsolidated
Revenues$700,025 $65,628 $(6,350)$759,303 $713,378 $59,335 $(5,608)$767,105 
Other segment items (1)
424,073 109,879 (6,350)527,602 440,802 113,488 (5,608)548,682 
Depreciation and amortization14,701 12,471 — 27,172 12,485 13,167 — 25,652 
Operating income (loss)261,251 (56,722)— 204,529 260,091 (67,320)— 192,771 
Reconciliation of segment profit or loss:
Interest expense43,978 44,026 
Interest income(3,015)(4,146)
Other (gain) loss(4,938)3,880 
Equity in net loss (gain) of affiliates131 (7,778)
Income before income taxes$168,373 $156,789 
(1) Other segment items for the reportable segment include selling, general and administrative expenses and reimbursable expenses from franchised and managed properties.