Quarterly
Annual
| Unit: USD | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-12-31 | 2013-09-30 | 2013-06-30 | 2013-03-31 | 2012-12-31 | 2012-09-30 | 2012-06-30 | 2012-03-31 | 2011-12-31 | 2011-09-30 | 2011-06-30 | 2011-03-31 | 2010-12-31 | 2010-09-30 | 2010-06-30 | 2010-03-31 | 2009-12-31 | 2009-09-30 | 2009-06-30 | 2009-03-31 | 2008-12-31 | 2008-09-30 | 2008-06-30 | 2008-03-31 | 2007-12-31 | 2007-09-30 | 2007-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
revenues | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
franchise and management fees | 193,777,000 | 177,086,000 | 145,068,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
partnership services and fees | 28,868,000 | 27,064,000 | 25,381,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
owned hotels | 33,167,000 | 30,228,000 | 27,860,000 | 28,114,000 | 31,936,000 | 28,418,000 | 24,991,000 | 23,566,000 | 26,239,000 | 25,504,000 | 22,332,000 | 21,606,000 | 19,992,000 | 17,191,000 | 12,037,000 | 13,109,000 | 11,377,000 | 8,993,000 | 4,354,000 | 4,437,000 | 4,201,000 | 2,108,000 | 9,422,000 | 11,572,000 | 8,710,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
other | 22,094,000 | 24,716,000 | 11,127,000 | 16,552,000 | 13,857,000 | 15,037,000 | 16,357,000 | 12,840,000 | 11,436,000 | 11,148,000 | 10,627,000 | 13,152,000 | 31,432,000 | 11,927,000 | 8,229,000 | 7,916,000 | 8,645,000 | 7,701,000 | 4,407,000 | 3,932,000 | 3,577,000 | 2,423,000 | 6,948,000 | 9,851,000 | 9,755,000 | 11,288,000 | 9,149,000 | 12,455,000 | 10,232,000 | 10,561,000 | 9,543,000 | 9,300,000 | 8,567,000 | 8,229,000 | 7,952,000 | 6,979,000 | 5,546,000 | 5,728,000 | 4,946,000 | 6,140,000 | 4,693,000 | 3,446,000 | 3,577,000 | 4,325,000 | 3,630,000 | 3,486,000 | 3,072,000 | 2,489,000 | 3,091,000 | 2,258,000 | 2,013,000 | 1,771,000 | 2,182,000 | 1,686,000 | 3,566,000 | 1,717,000 | 1,884,000 | 1,953,000 | 1,431,000 | 1,449,000 | 1,575,000 | 1,641,000 | 1,536,000 | 2,172,000 | 1,297,000 | 1,174,000 | 1,518,000 | 1,826,000 | 1,604,000 | 2,102,000 | 2,221,000 | 1,595,000 | 2,675,000 | 1,886,000 |
revenue for reimbursable costs from franchised and managed properties | 169,434,000 | 167,349,000 | 123,424,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total revenues | 447,340,000 | 426,443,000 | 332,860,000 | 389,770,000 | 427,964,000 | 435,156,000 | 331,949,000 | 358,396,000 | 425,557,000 | 427,420,000 | 332,792,000 | 361,982,000 | 414,266,000 | 367,974,000 | 257,727,000 | 284,638,000 | 323,369,000 | 278,344,000 | 182,947,000 | 193,393,000 | 210,771,000 | 151,733,000 | 218,175,000 | 268,084,000 | 310,732,000 | 317,684,000 | 218,320,000 | 244,979,000 | 291,490,000 | 295,441,000 | 209,394,000 | 237,571,000 | 295,088,000 | 276,799,000 | 197,898,000 | 208,195,000 | 267,577,000 | 241,751,000 | 207,118,000 | 210,951,000 | 241,526,000 | 232,156,000 | 175,245,000 | 185,402,000 | 215,168,000 | 197,664,000 | 147,283,000 | 180,695,000 | 223,162,000 | 183,578,000 | 136,872,000 | 178,306,000 | 210,413,000 | 173,621,000 | 129,169,000 | 165,890,000 | 192,321,000 | 165,301,000 | 115,281,000 | 155,006,000 | 183,801,000 | 149,848,000 | 107,421,000 | 140,701,000 | 165,976,000 | 143,343,000 | 114,158,000 | 154,494,000 | 191,211,000 | 167,120,000 | 128,855,000 | 165,193,000 | 176,409,000 | 157,709,000 |
yoy | 4.53% | -2.00% | 0.27% | 8.75% | 0.57% | 1.81% | -0.25% | -0.99% | 2.73% | 16.15% | 29.13% | 27.17% | 28.11% | 32.20% | 40.88% | 47.18% | 53.42% | 83.44% | -16.15% | -27.86% | -32.17% | -52.24% | -0.07% | 9.43% | 6.60% | 7.53% | 4.26% | 3.12% | -1.22% | 6.73% | 5.81% | 14.11% | 10.28% | 14.50% | -4.45% | -1.31% | 10.79% | 4.13% | 18.19% | 13.78% | 12.25% | 17.45% | 18.99% | 2.60% | -3.58% | 7.67% | 7.61% | 1.34% | 6.06% | 5.73% | 5.96% | 7.48% | 9.41% | 5.03% | 12.05% | 7.02% | 4.64% | 10.31% | 7.32% | 10.17% | 10.74% | 4.54% | -5.90% | -8.93% | -13.20% | -14.23% | -11.41% | -6.48% | 8.39% | 5.97% | ||||
qoq | 4.90% | 28.11% | -14.60% | -8.92% | -1.65% | 31.09% | -7.38% | -15.78% | -0.44% | 28.43% | -8.06% | -12.62% | 12.58% | 42.78% | -9.45% | -11.98% | 16.18% | 52.14% | -5.40% | -8.24% | 38.91% | -30.45% | -18.62% | -13.73% | -2.19% | 45.51% | -10.88% | -15.96% | -1.34% | 41.09% | -11.86% | -19.49% | 6.61% | 39.87% | -4.95% | -22.19% | 10.68% | 16.72% | -1.82% | -12.66% | 4.04% | 32.48% | -5.48% | -13.83% | 8.86% | 34.21% | -18.49% | -19.03% | 21.56% | 34.12% | -23.24% | -15.26% | 21.19% | 34.41% | -22.14% | -13.74% | 16.35% | 43.39% | -25.63% | -15.67% | 22.66% | 39.50% | -23.65% | -15.23% | 15.79% | 25.57% | -26.11% | -19.20% | 14.42% | 29.70% | -22.00% | -6.36% | 11.86% | |
operating expenses | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
selling, general and administrative | 79,610,000 | 89,298,000 | 74,210,000 | 57,181,000 | 49,077,000 | 64,995,000 | 48,625,000 | 34,081,000 | 54,913,000 | 67,804,000 | 59,283,000 | 62,861,000 | 70,202,000 | 43,888,000 | 30,324,000 | 45,776,000 | 35,110,000 | 34,470,000 | 30,267,000 | 44,312,000 | 31,413,000 | 36,115,000 | 28,835,000 | 44,031,000 | 38,308,000 | 46,980,000 | 39,514,000 | 44,702,000 | 38,191,000 | 46,270,000 | 40,864,000 | 45,959,000 | 46,364,000 | 38,208,000 | 32,846,000 | 39,213,000 | 34,357,000 | 40,039,000 | 35,119,000 | 38,542,000 | 30,152,000 | 33,122,000 | 32,438,000 | 33,089,000 | 30,236,000 | 31,413,000 | 26,463,000 | 29,489,000 | 26,982,000 | 30,180,000 | 26,916,000 | 29,779,000 | 23,170,000 | 24,554,000 | 24,349,000 | 33,463,000 | 22,555,000 | 26,539,000 | 23,847,000 | 26,744,000 | 23,156,000 | 22,824,000 | 21,816,000 | 26,183,000 | 24,517,000 | 27,076,000 | 21,461,000 | 35,580,000 | 25,579,000 | 34,275,000 | 23,555,000 | 27,855,000 | 24,230,000 | 25,605,000 |
business combination, diligence and transition costs | 1,494,000 | 347,000 | 99,000 | -490,000 | 984,000 | 895,000 | 15,844,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation and amortization | 15,760,000 | 13,424,000 | 13,748,000 | 10,659,000 | 10,861,000 | 10,827,000 | 10,935,000 | 10,191,000 | 9,633,000 | 9,812,000 | 10,023,000 | 9,989,000 | 8,726,000 | 5,479,000 | 6,231,000 | 6,296,000 | 5,883,000 | 6,232,000 | 6,362,000 | 6,522,000 | 6,382,000 | 6,398,000 | 6,529,000 | 6,239,000 | 5,568,000 | 3,405,000 | 3,616,000 | 3,793,000 | 3,815,000 | 3,669,000 | 3,053,000 | 3,216,000 | 3,095,000 | 3,050,000 | 3,070,000 | 2,998,000 | 2,986,000 | 2,956,000 | 2,765,000 | 2,749,000 | 3,108,000 | 2,995,000 | 2,690,000 | 2,462,000 | 2,293,000 | 2,332,000 | 2,122,000 | 2,395,000 | 2,379,000 | 2,520,000 | 2,175,000 | 2,237,000 | 1,995,000 | 1,977,000 | 2,017,000 | 2,048,000 | 2,073,000 | 1,948,000 | 1,955,000 | 1,872,000 | 2,078,000 | 2,220,000 | 2,172,000 | 2,084,000 | 2,105,000 | 2,032,000 | 2,115,000 | 2,019,000 | 2,038,000 | 2,070,000 | 2,057,000 | 2,227,000 | 2,158,000 | 2,137,000 |
reimbursable expenses from franchised and managed properties | 184,268,000 | 176,358,000 | 143,811,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total operating expenses | 304,924,000 | 301,846,000 | 252,928,000 | 270,551,000 | 276,181,000 | 302,534,000 | 271,800,000 | 316,914,000 | 290,515,000 | 303,031,000 | 254,941,000 | 284,706,000 | 282,627,000 | 213,905,000 | 158,359,000 | 177,564,000 | 164,263,000 | 159,320,000 | 138,949,000 | 167,361,000 | 155,415,000 | 142,647,000 | 171,845,000 | 199,453,000 | 208,320,000 | 210,506,000 | 162,969,000 | 188,649,000 | 180,322,000 | 186,507,000 | 163,145,000 | 180,985,000 | 217,222,000 | 199,293,000 | 145,391,000 | 155,734,000 | 189,361,000 | 176,809,000 | 164,245,000 | 163,756,000 | 167,723,000 | 169,239,000 | 133,841,000 | 139,145,000 | 148,182,000 | 137,511,000 | 112,597,000 | 133,538,000 | 156,613,000 | 133,256,000 | 106,406,000 | 133,072,000 | 145,160,000 | 122,031,000 | 98,104,000 | 127,228,000 | 129,921,000 | 120,179,000 | 89,602,000 | 116,565,000 | 128,924,000 | 106,241,000 | 83,584,000 | 106,618,000 | 117,851,000 | 105,233,000 | 86,403,000 | 120,397,000 | 129,342,000 | 122,542,000 | 94,803,000 | 117,102,000 | 114,050,000 | 110,346,000 |
operating income | 142,416,000 | 124,597,000 | 79,932,000 | 119,219,000 | 151,783,000 | 132,622,000 | 60,149,000 | 37,746,000 | 135,042,000 | 124,389,000 | 77,851,000 | 76,837,000 | 145,018,000 | 157,349,000 | 99,397,000 | 106,805,000 | 159,106,000 | 119,024,000 | 43,998,000 | 16,797,000 | 51,066,000 | 7,860,000 | 46,330,000 | 68,635,000 | 102,420,000 | 102,537,000 | 45,050,000 | 52,041,000 | 111,168,000 | 109,016,000 | 46,249,000 | 56,586,000 | 77,834,000 | 77,506,000 | 52,507,000 | 52,462,000 | 78,618,000 | 64,942,000 | 42,873,000 | 47,195,000 | 73,803,000 | 62,917,000 | 41,404,000 | 46,257,000 | 66,986,000 | 60,153,000 | 34,686,000 | 47,157,000 | 66,549,000 | 50,322,000 | 30,466,000 | 45,234,000 | 65,253,000 | 51,590,000 | 31,065,000 | 38,662,000 | 62,400,000 | 45,122,000 | 25,679,000 | 38,441,000 | 54,877,000 | 43,607,000 | 23,837,000 | 34,083,000 | 48,125,000 | 38,110,000 | 27,755,000 | 34,097,000 | 61,869,000 | 44,578,000 | 34,052,000 | 48,091,000 | 62,359,000 | 47,363,000 |
yoy | -6.17% | -6.05% | 32.89% | 215.85% | 12.40% | 6.62% | -22.74% | -50.88% | -6.88% | -20.95% | -21.68% | -28.06% | -8.85% | 32.20% | 125.91% | 535.86% | 211.57% | 1414.30% | -5.03% | -75.53% | -50.14% | -92.33% | 2.84% | 31.89% | -7.87% | -5.94% | -2.59% | -8.03% | 42.83% | 40.65% | -11.92% | 7.86% | -1.00% | 19.35% | 22.47% | 11.16% | 6.52% | 3.22% | 3.55% | 2.03% | 10.18% | 4.59% | 19.37% | -1.91% | 0.66% | 19.54% | 13.85% | 4.25% | 1.99% | -2.46% | -1.93% | 17.00% | 4.57% | 14.33% | 20.97% | 0.57% | 13.71% | 3.47% | 7.73% | 12.79% | 14.03% | 14.42% | -14.12% | -0.04% | -22.21% | -14.51% | -18.49% | -29.10% | -0.79% | -5.88% | ||||
qoq | 14.30% | 55.88% | -32.95% | -21.45% | 14.45% | 120.49% | 59.35% | -72.05% | 8.56% | 59.78% | 1.32% | -47.02% | -7.84% | 58.30% | -6.94% | -32.87% | 33.68% | 170.52% | 161.94% | -67.11% | 549.69% | -83.03% | -32.50% | -32.99% | -0.11% | 127.61% | -13.43% | -53.19% | 1.97% | 135.72% | -18.27% | -27.30% | 0.42% | 47.61% | 0.09% | -33.27% | 21.06% | 51.48% | -9.16% | -36.05% | 17.30% | 51.96% | -10.49% | -30.95% | 11.36% | 73.42% | -26.45% | -29.14% | 32.25% | 65.17% | -32.65% | -30.68% | 26.48% | 66.07% | -19.65% | -38.04% | 38.29% | 75.72% | -33.20% | -29.95% | 25.84% | 82.94% | -30.06% | -29.18% | 26.28% | 37.31% | -18.60% | -44.89% | 38.79% | 30.91% | -29.19% | -22.88% | 31.66% | |
operating margin % | 31.84% | 29.22% | 24.01% | 30.59% | 35.47% | 30.48% | 18.12% | 10.53% | 31.73% | 29.10% | 23.39% | 21.23% | 35.01% | 42.76% | 38.57% | 37.52% | 49.20% | 42.76% | 24.05% | 8.69% | 24.23% | 5.18% | 21.24% | 25.60% | 32.96% | 32.28% | 20.63% | 21.24% | 38.14% | 36.90% | 22.09% | 23.82% | 26.38% | 28.00% | 26.53% | 25.20% | 29.38% | 26.86% | 20.70% | 22.37% | 30.56% | 27.10% | 23.63% | 24.95% | 31.13% | 30.43% | 23.55% | 26.10% | 29.82% | 27.41% | 22.26% | 25.37% | 31.01% | 29.71% | 24.05% | 23.31% | 32.45% | 27.30% | 22.28% | 24.80% | 29.86% | 29.10% | 22.19% | 24.22% | 29.00% | 26.59% | 24.31% | 22.07% | 32.36% | 26.67% | 26.43% | 29.11% | 35.35% | 30.03% |
other incomes and (income) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest expense | 23,490,000 | 22,736,000 | 21,242,000 | 21,067,000 | 22,038,000 | 23,845,000 | 20,181,000 | 17,258,000 | 16,168,000 | 16,270,000 | 14,084,000 | 11,713,000 | 9,362,000 | 11,252,000 | 11,470,000 | 11,574,000 | 11,638,000 | 11,691,000 | 11,777,000 | 11,875,000 | 12,691,000 | 13,082,000 | 11,380,000 | 12,072,000 | 12,431,000 | 11,093,000 | 11,211,000 | 11,188,000 | 11,706,000 | 11,705,000 | 11,309,000 | 11,155,000 | 11,399,000 | 11,280,000 | 11,205,000 | 10,980,000 | 11,150,000 | 11,224,000 | 11,092,000 | 10,776,000 | 10,821,000 | 11,057,000 | 10,179,000 | 10,110,000 | 10,495,000 | 10,710,000 | 10,171,000 | 10,203,000 | 10,757,000 | 10,807,000 | 10,770,000 | 10,366,000 | 10,166,000 | 3,540,000 | 3,117,000 | 3,220,000 | 3,228,000 | 3,267,000 | 3,224,000 | 3,520,000 | 1,864,000 | 675,000 | 621,000 | 683,000 | 926,000 | 1,265,000 | 1,540,000 | 2,245,000 | 2,157,000 | 2,693,000 | 3,837,000 | 4,087,000 | 3,992,000 | 3,217,000 |
interest income | -1,435,000 | -1,456,000 | -1,559,000 | -2,089,000 | -2,411,000 | -2,415,000 | -1,731,000 | -1,928,000 | -1,897,000 | -2,056,000 | -1,883,000 | -2,032,000 | -2,348,000 | -1,628,000 | -1,280,000 | -1,264,000 | -1,202,000 | -1,234,000 | -1,281,000 | -1,411,000 | -1,744,000 | -2,245,000 | -2,288,000 | -2,379,000 | -2,220,000 | -2,784,000 | -2,613,000 | -2,234,000 | -1,966,000 | -1,643,000 | -1,609,000 | -1,643,000 | -1,575,000 | -1,438,000 | -1,264,000 | -1,033,000 | -836,000 | -827,000 | -839,000 | -598,000 | -359,000 | -277,000 | -346,000 | -556,000 | -355,000 | -347,000 | -503,000 | -568,000 | -676,000 | -659,000 | -644,000 | -384,000 | -425,000 | -394,000 | -337,000 | -369,000 | -506,000 | -221,000 | -210,000 | |||||||||||||||
gain from an acquisition of a joint venture | -100,025,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of assets | -713,000 | 100,000 | -32,000 | 1,000 | 402,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on extinguishment of debt | 82,750 | 331,000 | 15,958,000 | 607,000 | 526,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other gains | -721,000 | -243,000 | -1,664,000 | -804,750 | -115,000 | -906,000 | -338,750 | -972,000 | -503,000 | -978,000 | -778,000 | -321,000 | -710,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity in net income (gain) of affiliates | 10,904,000 | 80,000 | 63,000 | -319,750 | -1,075,000 | 40,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total other incomes and (income) | -68,500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before income taxes | 210,916,000 | 108,611,000 | 59,762,000 | 101,708,000 | 137,148,000 | 116,581,000 | 40,208,000 | 35,685,000 | 121,229,000 | 112,547,000 | 67,495,000 | 70,169,000 | 136,776,000 | 142,126,000 | 87,735,000 | 84,339,000 | 151,589,000 | 111,854,000 | 28,710,000 | 1,391,000 | 24,094,000 | -2,878,000 | 30,399,000 | 53,372,000 | 85,924,000 | 94,154,000 | 36,479,000 | 40,330,000 | 102,443,000 | 100,024,000 | 30,461,000 | 46,719,000 | 68,514,000 | 67,381,000 | 41,383,000 | 39,047,000 | 70,200,000 | 55,610,000 | 30,378,000 | 38,330,000 | 57,592,000 | 40,087,000 | 20,909,000 | 35,328,000 | 55,668,000 | 47,939,000 | 30,233,000 | 37,054,000 | 56,966,000 | 42,114,000 | 21,923,000 | 36,515,000 | 55,026,000 | 42,024,000 | 24,646,000 | 34,294,000 | 50,496,000 | 40,243,000 | 25,601,000 | 27,897,000 | 57,746,000 | 42,227,000 | 29,448,000 | 43,291,000 | 59,363,000 | 46,048,000 | ||||||||
income tax expense | 30,920,000 | 26,877,000 | 15,228,000 | 25,904,000 | 31,432,000 | 29,445,000 | 9,199,000 | 6,732,000 | 29,205,000 | 27,837,000 | 14,675,000 | 22,499,500 | 33,696,000 | 35,958,000 | 20,344,000 | 8,962,000 | 9,685,000 | 19,765,000 | 6,398,000 | 12,011,000 | 22,484,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
net income | 179,996,000 | 81,734,000 | 44,534,000 | 75,804,000 | 105,716,000 | 87,136,000 | 31,009,000 | 28,953,000 | 92,024,000 | 84,710,000 | 52,820,000 | 55,513,000 | 103,080,000 | 106,168,000 | 67,391,000 | 64,083,000 | 116,655,000 | 85,882,000 | 22,337,000 | 7,865,000 | 14,500,000 | -2,441,000 | 55,463,000 | 42,169,000 | 76,239,000 | 74,389,000 | 30,081,000 | 31,471,000 | 79,959,000 | 79,839,000 | 25,086,000 | -6,441,000 | 47,595,000 | 44,995,000 | 28,744,000 | 31,821,000 | 47,565,000 | 38,822,000 | 19,598,000 | 29,203,000 | 41,419,000 | 35,813,000 | 21,594,000 | 25,285,000 | 39,365,000 | 35,400,000 | 18,972,000 | 27,332,000 | 41,512,000 | 28,234,000 | 15,523,000 | 24,451,000 | 44,377,000 | 31,862,000 | 19,997,000 | 24,786,000 | 42,302,000 | 27,578,000 | 15,730,000 | 24,143,000 | 40,494,000 | 27,011,000 | 15,793,000 | 23,631,000 | 32,808,000 | 25,503,000 | 16,308,000 | 18,711,000 | 35,915,000 | 27,008,000 | 18,577,000 | 27,947,000 | 38,394,000 | 28,645,000 |
yoy | 70.26% | -6.20% | 43.62% | 161.82% | 14.88% | 2.86% | -41.29% | -47.84% | -10.73% | -20.21% | -21.62% | -13.37% | -11.64% | 23.62% | 201.70% | 714.79% | 704.52% | -3618.31% | -59.73% | -81.35% | -80.98% | -103.28% | 84.38% | 33.99% | -4.65% | -6.83% | 19.91% | -588.60% | 68.00% | 77.44% | -12.73% | -120.24% | 0.06% | 15.90% | 46.67% | 8.96% | 14.84% | 8.40% | -9.24% | 15.50% | 5.22% | 1.17% | 13.82% | -7.49% | -5.17% | 25.38% | 22.22% | 11.78% | -6.46% | -11.39% | -22.37% | -1.35% | 4.91% | 15.53% | 27.13% | 2.66% | 4.46% | 2.10% | -0.40% | 2.17% | 23.43% | 5.91% | -3.16% | 26.29% | -8.65% | -5.57% | -12.21% | -33.05% | -6.46% | -5.71% | ||||
qoq | 120.22% | 83.53% | -41.25% | -28.29% | 21.32% | 181.00% | 7.10% | -68.54% | 8.63% | 60.37% | -4.85% | -46.15% | -2.91% | 57.54% | 5.16% | -45.07% | 35.83% | 284.48% | 184.01% | -45.76% | -694.02% | -104.40% | 31.53% | -44.69% | 2.49% | 147.30% | -4.42% | -60.64% | 0.15% | 218.26% | -489.47% | -113.53% | 5.78% | 56.54% | -9.67% | -33.10% | 22.52% | 98.09% | -32.89% | -29.49% | 15.65% | 65.85% | -14.60% | -35.77% | 11.20% | 86.59% | -30.59% | -34.16% | 47.03% | 81.88% | -36.51% | -44.90% | 39.28% | 59.33% | -19.32% | -41.41% | 53.39% | 75.32% | -34.85% | -40.38% | 49.92% | 71.03% | -33.17% | -27.97% | 28.64% | 56.38% | -12.84% | -47.90% | 32.98% | 45.38% | -33.53% | -27.21% | 34.03% | |
net income margin % | 40.24% | 19.17% | 13.38% | 19.45% | 24.70% | 20.02% | 9.34% | 8.08% | 21.62% | 19.82% | 15.87% | 15.34% | 24.88% | 28.85% | 26.15% | 22.51% | 36.07% | 30.85% | 12.21% | 4.07% | 6.88% | -1.61% | 25.42% | 15.73% | 24.54% | 23.42% | 13.78% | 12.85% | 27.43% | 27.02% | 11.98% | -2.71% | 16.13% | 16.26% | 14.52% | 15.28% | 17.78% | 16.06% | 9.46% | 13.84% | 17.15% | 15.43% | 12.32% | 13.64% | 18.30% | 17.91% | 12.88% | 15.13% | 18.60% | 15.38% | 11.34% | 13.71% | 21.09% | 18.35% | 15.48% | 14.94% | 22.00% | 16.68% | 13.64% | 15.58% | 22.03% | 18.03% | 14.70% | 16.80% | 19.77% | 17.79% | 14.29% | 12.11% | 18.78% | 16.16% | 14.42% | 16.92% | 21.76% | 18.16% |
basic earnings per share | 3.89 | 1.76 | 0.95 | 1.62 | 2.24 | 1.82 | 0.63 | 0.6 | 1.83 | 1.66 | 1.02 | 1.07 | 1.87 | 1.9 | 1.21 | 1.15 | 2.1 | 0.4 | 0.14 | 0.26 | 1 | 0.813 | 1.37 | 1.34 | 0.54 | 0.818 | 1.42 | 1.41 | 0.44 | 0.538 | 0.84 | 0.8 | 0.51 | 0.478 | 0.85 | 0.69 | 0.35 | 0.46 | 0.71 | 0.48 | 0.27 | 0.42 | 0.77 | 0.55 | 0.34 | 0.43 | 0.71 | 0.46 | 0.26 | 0.4 | 0.68 | 0.45 | 0.27 | 0.4 | 0.55 | 0.42 | 0.27 | 0.31 | 0.58 | 0.43 | 0.3 | 0.45 | 0.6 | 0.44 | ||||||||||
diluted earnings per share | 3.86 | 1.75 | 0.94 | 1.59 | 2.22 | 1.8 | 0.62 | 0.6 | 1.81 | 1.65 | 1.02 | 1.06 | 1.85 | 1.89 | 1.2 | 1.14 | 2.08 | 0.4 | 0.14 | 0.26 | 0.99 | 0.808 | 1.36 | 1.33 | 0.54 | 0.81 | 1.41 | 1.4 | 0.44 | 0.535 | 0.84 | 0.79 | 0.51 | 0.475 | 0.84 | 0.68 | 0.35 | 0.46 | 0.7 | 0.48 | 0.26 | 0.42 | 0.76 | 0.55 | 0.34 | 0.42 | 0.71 | 0.46 | 0.26 | 0.4 | 0.68 | 0.45 | 0.26 | 0.39 | 0.55 | 0.42 | 0.27 | 0.3 | 0.57 | 0.43 | 0.3 | 0.44 | 0.59 | 0.43 | ||||||||||
cash dividends declared per share | 0.288 | 0.288 | 0.288 | 0.216 | 0.288 | 0.288 | 0.288 | 0.216 | 0.288 | 0.288 | 0.288 | 0.178 | 0.238 | 0.238 | 0.238 | 0.113 | 0.225 | 0.225 | 0.056 | 0.225 | 0.161 | 0.215 | 0.215 | 0.215 | 0.161 | 0.215 | 0.215 | 0.215 | 0.161 | 0.215 | 0.215 | 0.215 | 0.154 | 0.205 | 0.205 | 0.205 | 0.146 | 0.195 | 0.195 | 0.195 | 0.139 | 0.185 | 0.185 | 0.139 | 0.185 | 0.185 | 0.185 | 0.185 | 0.185 | 0.185 | 0.185 | 0.185 | 0.185 | 0.185 | 0.185 | 0.185 | 0.185 | 0.17 | 0.17 | 0.17 | 0.17 | 0.15 | ||||||||||||
other incomes and income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other (gain) loss | -5,374,000 | -33,250 | -4,013,000 | -2,187,000 | -1,908,000 | -1,205,000 | -2,198,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total other incomes and income | 15,986,000 | 20,170,000 | 17,511,000 | 14,635,000 | 16,041,000 | 19,941,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other loss | 436,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity in net income of affiliates | 51,000 | 155,000 | 5,997,000 | 8,117,000 | 1,731,000 | 3,486,000 | 1,955,000 | 2,171,000 | 5,968,000 | 2,080,000 | 431,000 | 1,005,000 | 35,000 | 141,000 | 0 | -301,000 | -336,000 | -342,000 | -195,000 | -353,000 | -334,000 | -336,000 | -225,000 | -218,000 | -476,000 | -436,000 | -201,000 | -301,000 | -393,000 | -462,000 | -181,000 | |||||||||||||||||||||||||||||||||||||||||||
royalty, licensing and management fees | 120,138,000 | 147,151,000 | 141,813,000 | 105,467,000 | 116,909,000 | 148,512,000 | 140,499,000 | 107,492,000 | 115,551,000 | 144,020,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
initial franchise fees | 6,473,000 | 5,866,000 | 6,562,000 | 6,705,000 | 6,547,000 | 6,194,000 | 7,164,000 | 7,882,000 | 6,439,000 | 7,011,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
platform and procurement services fees | 17,692,000 | 16,178,000 | 28,126,000 | 13,756,000 | 16,928,000 | 15,542,000 | 28,801,000 | 13,843,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other revenues from franchised and managed properties | 200,801,000 | 212,976,000 | 215,200,000 | 164,673,000 | 181,606,000 | 217,634,000 | 214,304,000 | 170,616,000 | 189,321,000 | 197,410,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other incomes from franchised and managed properties | 182,423,000 | 192,916,000 | 205,113,000 | 177,073,000 | 199,314,000 | 207,341,000 | 207,265,000 | 168,489,000 | 195,023,000 | 190,541,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity in net gain of affiliates | -3,241,000 | -1,310,000 | -7,933,000 | -480,750 | -1,801,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other gain | 2,544,000 | 1,336,000 | -688,000 | 1,343,000 | -2,560,000 | 2,303,000 | 5,559,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of business and assets | -439,000 | 13,379,000 | 3,280,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other income and expenses | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total other income and expenses | 9,002,750 | 13,813,000 | 11,842,000 | 10,356,000 | 6,668,000 | 8,242,000 | 15,223,000 | 11,662,000 | 7,493,750 | 7,517,000 | 7,170,000 | 15,288,000 | 15,406,000 | 26,972,000 | 10,738,000 | 15,931,000 | 15,263,000 | 16,496,000 | 8,383,000 | 8,571,000 | 11,711,000 | 8,725,000 | 8,992,000 | 15,788,000 | 9,867,000 | 9,320,000 | 10,125,000 | 11,124,000 | 8,670,000 | 8,418,000 | 9,332,000 | 12,495,000 | 7,985,750 | 11,535,000 | 10,038,000 | 10,370,000 | 7,647,750 | 11,028,000 | 9,919,000 | 9,644,000 | 7,187,250 | 8,957,000 | 10,235,000 | 9,557,000 | 3,517,000 | 9,585,000 | 3,651,000 | 832,000 | 3,049,500 | 5,434,000 | 3,008,000 | 3,756,000 | 156,250 | -149,000 | 1,583,000 | -809,000 | -587,500 | -2,371,000 | -2,133,000 | 2,154,000 | 2,769,500 | 4,123,000 | 2,351,000 | 4,604,000 | 1,628,250 | 2,996,000 | 1,315,000 | |||||||
equity in net (gain) loss of affiliates | -185,000 | -244,000 | 373,000 | -3,326,000 | -1,179,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
procurement services | 15,913,000 | 14,401,000 | 21,803,000 | 11,683,000 | 14,100,000 | 13,010,000 | 12,092,000 | 11,191,000 | 10,633,000 | 10,115,000 | 10,697,000 | 13,797,000 | 13,839,000 | 14,814,000 | 20,829,000 | 11,947,000 | 12,697,000 | 11,620,000 | 17,833,000 | 9,938,000 | 9,014,000 | 8,103,000 | 11,068,000 | 6,476,000 | 7,507,000 | 7,615,000 | 10,308,000 | 5,796,000 | 7,404,000 | 6,271,000 | 8,589,000 | 4,807,000 | 5,526,000 | 5,495,000 | 8,020,000 | 4,778,000 | 4,464,000 | 4,708,000 | 7,546,000 | 3,950,000 | 3,972,000 | 3,839,000 | 6,836,000 | 3,315,000 | 3,913,000 | 3,984,000 | 6,557,000 | 3,165,000 | 3,595,000 | 3,756,000 | 6,611,000 | 3,245,000 | 3,514,000 | 3,922,000 | 6,772,000 | 3,390,000 | 3,498,000 | 3,836,000 | ||||||||||||||||
royalty fees | 121,449,000 | 90,739,000 | 97,612,000 | 127,317,000 | 106,242,000 | 66,047,000 | 63,151,000 | 79,666,000 | 50,152,000 | 70,339,000 | 87,683,000 | 113,688,000 | 106,427,000 | 80,353,000 | 85,750,000 | 111,009,000 | 103,219,000 | 76,698,000 | 79,575,000 | 104,252,000 | 92,486,000 | 68,989,000 | 73,379,000 | 96,114,000 | 86,195,000 | 64,859,000 | 67,965,000 | 89,929,000 | 81,183,000 | 62,431,000 | 65,237,000 | 86,091,000 | 77,670,000 | 51,681,000 | 66,007,000 | 83,107,000 | 68,379,000 | 49,736,000 | 66,020,000 | 80,845,000 | 66,064,000 | 47,853,000 | 63,344,000 | 77,355,000 | 62,301,000 | 44,240,000 | 59,067,000 | 72,565,000 | 57,443,000 | 41,021,000 | 53,213,000 | 66,401,000 | 54,929,000 | 43,441,000 | 59,284,000 | 76,595,000 | 63,776,000 | 47,780,000 | 60,623,000 | 73,219,000 | 59,176,000 | |||||||||||||
initial franchise and relicensing fees | 6,222,000 | 8,402,000 | 7,438,000 | 6,149,000 | 7,328,000 | 5,427,000 | 5,875,000 | 6,071,000 | 6,676,000 | 7,284,000 | 7,266,000 | 6,741,000 | 6,675,000 | 6,807,000 | 7,115,000 | 6,262,000 | 6,481,000 | 6,214,000 | 7,872,000 | 6,403,000 | 6,981,000 | 5,006,000 | 6,807,000 | 6,284,000 | 5,706,000 | 5,156,000 | 6,977,000 | 6,170,000 | 5,816,000 | 5,717,000 | 6,720,000 | 4,299,000 | 4,722,000 | 3,740,000 | 5,843,000 | 4,650,000 | 4,416,000 | 3,777,000 | 5,250,000 | 3,247,000 | 3,178,000 | 2,528,000 | 4,889,000 | 3,469,000 | 2,585,000 | 2,614,000 | 2,758,000 | 1,970,000 | 2,655,000 | 1,912,000 | 3,317,000 | 2,957,000 | 3,993,000 | 2,649,000 | 6,729,000 | 7,012,000 | 8,146,000 | 6,044,000 | 11,907,000 | 8,902,000 | 7,649,000 | |||||||||||||
marketing and reservation system | 189,382,000 | 126,637,000 | 144,463,000 | 156,871,000 | 135,988,000 | 91,521,000 | 105,365,000 | 107,141,000 | 79,677,000 | 110,385,000 | 137,873,000 | 157,024,000 | 172,465,000 | 110,064,000 | 126,962,000 | 152,367,000 | 157,347,000 | 107,001,000 | 131,810,000 | 167,763,000 | 158,035,000 | 109,475,000 | 113,523,000 | 152,018,000 | 133,814,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of asset | 29,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other (gains) losses | 1,716,000 | -726,500 | 407,000 | -2,108,000 | -3,585,000 | 120,000 | -576,000 | -897,000 | -499,000 | -746,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on impairment of assets | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income tax benefit | 20,256,000 | 34,934,000 | 25,972,000 | 6,373,000 | -3,976,750 | 9,594,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic earnings (losses) per share | 1.54 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted earnings (losses) per share | 1.53 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment of goodwill | -3,097,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on asset dispositions and impairments | -1,379,000 | -4,290,000 | -1,226,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on sale of business | -8,000 | -25,000 | -4,641,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit from credit losses | 7,849,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income tax (benefit) expense | -437,000 | -25,064,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic (losses) earnings per share | -0.04 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted (losses) earnings per share | -0.04 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment of long-lived assets | 12,000 | 33,000 | -7,304,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other losses | 4,277,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity in net income (income) of affiliates | 2,387,750 | 6,400,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity in net (income) loss of affiliates | 980,000 | -35,000 | -43,000 | -567,000 | 1,333,000 | 274,000 | 859,000 | -206,000 | -329,000 | 80,000 | 513,000 | 30,000 | -85,000 | -421,000 | -60,000 | 3,000 | -171,000 | 128,000 | 55,000 | -65,500 | 39,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of land and building | 20,500 | 82,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income taxes | 20,185,000 | 5,375,000 | 53,160,000 | 20,919,000 | 22,386,000 | 12,639,000 | 11,971,000 | 22,635,000 | 16,788,000 | 10,780,000 | 8,601,000 | 20,849,000 | 17,066,000 | 9,440,000 | 10,729,000 | 16,542,000 | 14,955,000 | 7,711,000 | 10,998,000 | 16,080,000 | 11,853,000 | 5,386,000 | 10,877,000 | 11,291,000 | 16,077,000 | 10,236,000 | 12,268,000 | 14,664,000 | 14,536,000 | 6,193,000 | 12,372,000 | 14,532,000 | 15,013,000 | 8,853,000 | 10,663,000 | 17,688,000 | 14,740,000 | 9,293,000 | 9,186,000 | 21,831,000 | 15,219,000 | 10,871,000 | 15,344,000 | 20,969,000 | 17,403,000 | |||||||||||||||||||||||||||||
revenues: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating expenses: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other income and expenses, net: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity in net (income) losses of affiliates | 71,500 | -1,150,000 | -744,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
marketing and reservation | 126,361,000 | 122,465,000 | 134,463,000 | 133,122,000 | 98,713,000 | 103,594,000 | 115,653,000 | 103,766,000 | 84,012,000 | 100,718,000 | 126,296,000 | 99,645,000 | 76,440,000 | 100,160,000 | 119,062,000 | 94,633,000 | 70,929,000 | 90,844,000 | 104,393,000 | 90,832,000 | 62,967,000 | 87,150,000 | 102,867,000 | 80,389,000 | 58,840,000 | 77,576,000 | 90,465,000 | 75,296,000 | 62,042,000 | 81,904,000 | 100,811,000 | 85,336,000 | 68,426,000 | 86,181,000 | 86,795,000 | 81,810,000 | ||||||||||||||||||||||||||||||||||||||
other (gains) and losses | 62,000 | -59,750 | 1,402,000 | -1,173,000 | -468,000 | -39,500 | 375,000 | -474,000 | -59,000 | -514,000 | -703,000 | 147,000 | 148,000 | -511,000 | 377,000 | -2,003,000 | -1,236,000 | 2,673,000 | -38,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity in net incomees of affiliates | 2,180,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from continuing operations before income taxes | 37,804,000 | 62,268,000 | 52,879,000 | 31,034,000 | 36,038,000 | 55,958,000 | 50,234,000 | 25,042,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from continuing operations, net of income taxes | 29,203,000 | 41,419,000 | 35,813,000 | 21,594,000 | 25,309,000 | 39,416,000 | 35,279,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from discontinued operations, net of income taxes | -24,000 | -51,000 | 121,000 | 1,641,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
continuing operations | 0.52 | 0.72 | 0.62 | 0.38 | 0.43 | 0.67 | 0.61 | 0.3 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
discontinued operations | 0.03 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from continuing operations | 17,331,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
hotel operations | 1,174,000 | 1,310,000 | 1,334,000 | 956,000 | 1,133,000 | 1,238,000 | 1,224,000 | 978,000 | 1,183,000 | 1,236,000 | 1,073,000 | 864,000 | 987,000 | 1,068,000 | 1,109,000 | 867,000 | 909,000 | 934,000 | 1,179,000 | 1,118,000 | 1,253,000 | 1,353,000 | 1,288,000 | 1,042,000 | 1,207,000 | 1,196,000 | 1,193,000 | |||||||||||||||||||||||||||||||||||||||||||||||
other gains and losses | 1,043,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest and other investment income | -411,250 | -1,671,000 | 1,106,000 | -534,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest and other investment (income) loss | 1,103,000 | -1,077,000 | -560,000 | -2,961,000 | -3,173,000 | 4,431,000 | 2,402,000 | -141,000 | 1,068,000 | -1,721,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average shares outstanding – basic | 59,592,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average shares outstanding – diluted | 59,676,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average shares outstanding-basic | 59,514,000 | 60,068,000 | 59,733,000 | 60,467,000 | 60,532,000 | 61,853,000 | 62,316,000 | 62,181,000 | 61,751,000 | 64,213,000 | 63,556,000 | 65,475,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average shares outstanding-diluted | 59,600,000 | 60,224,000 | 59,818,000 | 60,598,000 | 60,851,000 | 62,521,000 | 62,887,000 | 62,863,000 | 62,596,000 | 65,331,000 | 64,602,000 | 66,599,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest and other investment loss | 832,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
brand solutions | 6,472,000 | 3,342,000 | 3,680,000 | 3,622,000 | 5,995,000 |
The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.