established a proactive , ongoing multi-channel franchisee outreach and education program that is actively assisting our franchisees in accessing newly available capital . revised the company 's guest cancellation policy to provide travelers greater flexibility during these challenging times . implemented travel restrictions and work-from-home practices for the company 's employees . 41 the company made a priority of working closely with its franchisees to drive business to their hotels across a wide variety of industries and government and emergency-management agencies . many of the company 's franchisees committed their rooms inventory at discounted rates , or on a complimentary basis , to support their communities in dealing with the effects of the pandemic , opening their hotels for hospital overflows and providing temporary housing for first responders , the national guard , healthcare workers , critical infrastructure workers and others in dire need . in addition , the company provided hotel room donations to operation homefront to help ill and injured service members that were displaced by the pandemic . the company also teamed up with serta , inc. to contribute to its “ stay home , send beds ” initiative , which provided bed donations to help address nationwide shortages at hospitals and temporary medical facilities . since the onset of the pandemic , management and the board of directors have taken steps to adjust the company 's cost structure and increase its financial flexibility , which include , but are not limited to , the following actions : reduced the compensation of the board of directors , chief executive officer , and other executive officers . reduced global workforce by approximately 18 % since december 31 , 2019 through a combination of layoffs and furloughs . introduced a hiring freeze , except with respect to certain critical positions . suspended associates ' 401 ( k ) match through the end of 2020. eliminated , reduced or deferred non-essential expenditures , discretionary capital expenditures and investments . we are actively working with vendors to achieve relief on fees or timing of fee payment . temporarily suspended activity under the company 's share repurchase program . determined to temporarily suspend future , undeclared dividends while the covid-19 pandemic is significantly impacting travel . entered into a $ 250 million unsecured term loan ( the `` term loan `` ) on a precautionary basis , enhancing the company 's financial flexibility by increasing its borrowing capacity . offered $ 450 million of 3.70 % senior unsecured notes due 2031 ( the `` 2020 senior notes `` ) , using net proceeds to repay the term loan in full and fund the $ 197.8 million purchase price of the cash tender offer ( the `` tender offer `` ) for approximately $ 183.4 million aggregate principal amount of the company 's 5.75 % senior unsecured notes due in 2022 ( the `` 2012 senior notes `` ) . as disclosed above , domestic occupancy of the company 's branded hotels has been severely impacted . however , approximately 90 % of the company 's domestic hotels are in suburban , small town and interstate locations and have experienced less severe occupancy declines related to covid-19 than hotels in urban centers or resorts . based on industry data , the company 's brands have been performing ahead of its upper-midscale , midscale and economy chain scale competitors , and the company 's hotels have experienced relatively stronger same-store revpar share gains versus their local competition from mid-march to through the end of 2020. given the uncertainty as to the potential duration of the crisis , including a potential resurgence of the virus , and its severity , the company does not expect material improvement in the industry until there is a sense that the spread of the virus has been contained , shelter-in-place orders have been lifted , and economic forecasts begin to improve . as the industry continues to recover , the company believes it will continue to benefit from the expected faster rebound of leisure demand as a result of its higher share of leisure travel mix relative to competitors . the company 's properties are also well distributed in drive-to markets , which the company believes will lead in the demand recovery for the industry . while the company believes that the long-term fundamentals of the business remain strong , it will continue to adjust business contingency plans as the covid-19 pandemic evolves . for additional information , see risk factors in part i , item 1a of this form 10-k. overview we are primarily a hotel franchisor with franchise agreements and owned hotels representing 7,147 hotels open comprising 597,977 rooms and 1,022 hotels under construction , awaiting conversion or approved for development comprising 86,264 rooms as of december 31 , 2020 , located in 50 states , the district of columbia and more than 40 countries and territories outside the united states . our brand names include comfort inn® , comfort suites® , quality® , clarion® , clarion pointe tm , ascend hotel collection® , sleep inn® , econo lodge® , rodeway inn® , mainstay suites® , suburban extended stay hotel® , woodspring suites® , everhome suites® , and cambria® hotels ( collectively , the `` choice brands `` ) . on january 27 , 2020 , we announced the launch of everhome suites , a new-construction midscale extended-stay brand offering . we expect to open the first everhome suites hotel in 2021. the company 's primary segment is the hotel franchising business , which represents approximately 96 % of the company 's total revenues . the company 's domestic operations are conducted through direct franchising relationships and the ownership of five cambria hotels , while its international franchise operations are conducted through a combination of direct franchising and 42 master franchising or master development ( collectively , `` master franchising `` ) relationships . story_separator_special_tag the decrease in domestic royalties is partially offset by an increase in the number of domestic franchised hotel rooms and an 8 basis point increase in the effective royalty rate from 4.86 % for the year ended december 31 , 2019 to 4.94 % for the year ended december 31 , 2020. a summary of the company 's domestic franchised hotels operating information for the years ending december 31 , 2020 and 2019 is as follows : replace_table_token_12_th the impacts of covid-19 on the company 's business were first experienced at end of the first quarter of 2020 , with domestic occupancy levels ranging between 25.5 % and 32.5 % in the last ten days of march resulting in significant decreases in revpar . lower occupancy and revpar trends continued into the second quarter of 2020 , with domestic revpar experiencing a decline of approximately 60.1 % from the comparative prior year april . these trends have steadily improved , albeit remained significantly impacted , in the third and fourth quarters , with domestic revpar experiencing a decline of approximately 28.8 % over the comparative prior year third quarter and 25.1 % over the comparative prior year fourth quarter . for the reasons cited above , we expect significant impact on our results of operations to continue in 2021. during the first quarter of 2020 , the company revised its calculation of occupancy . historically , occupancy has excluded rooms unavailable to our guests for operational reasons , as reported by our franchisees . with the onset of the covid-19 pandemic resulting in reduced travel and lesser demand , our franchisees began closing greater portions of inventory as compared to previous periods . to provide a more representative depiction of system occupancy and with reference to industry 47 standards for revpar reporting for partially closed hotels during the covid-19 pandemic , we have revised our occupancy calculation to be reflective of full room availability for open hotels . additionally , the company made minor revisions to the calculation of average daily rate ( `` adr `` ) with respect to complimentary rooms . the revised adr , occupancy , and revpar are reflected in the table above for all periods noted . based on our previous calculation of adr , occupancy , and revpar , these metrics for the year ended december 31 , 2020 would have been $ 71.13 , 53.0 % , and $ 37.68 , respectively , versus the year ended december 31 , 2019 of $ 81.42 , 62.9 % , and $ 51.19 , respectively , with period over period declines of 12.6 % , 990 basis points , and 26.4 % , respectively . the number of total domestic rooms online increased by 0.4 % to 464,682 rooms as of december 31 , 2020 from 462,973 as of december 31 , 2019. the total number of domestic hotels online increased by 0.2 % to 5,967 as of december 31 , 2020 from 5,955 as of december 31 , 2019. a summary of domestic hotels and rooms in our franchise system at december 31 , 2020 and 2019 by brand is as follows : replace_table_token_13_th as of both december 31 , 2020 , and january 31 , 2021 , there were less than 1 % of the company 's domestic hotel system that had temporarily suspended operations due to governmental restriction or a franchisee 's election . these temporarily suspended hotels are included in the summary table above of domestic hotels in our franchise system . international royalty fees for the year ended december 31 , 2020 decreased $ 9.4 million to $ 12.2 million compared to the year ended december 31 , 2019 as a result of temporarily suspended operations and declines in revpar performance resulting from impacts of the pandemic . international rooms online increased by 5,371 from 127,924 as of december 31 , 2019 to 133,295 as of december 31 , 2020 , while hotels online decreased by 18 from 1,198 as of december 31 , 2019 to 1,180 as of december 31 , 2020. international rooms grew at a faster pace than the number of hotels due to a focus on new entrants with higher per unit room counts than currently in the company 's international franchised hotel portfolio . as of both december 31 , 2020 and january 31 , 2021 , approximately 5 % of the company 's international branded hotels temporarily suspended operations due to governmental restriction or a franchisee 's election . there is uncertainty as to the potential duration of the pandemic , including a resurgence or increase in prevalence in variants as well as the timing of vaccinations around the world , and its severity , which we expect will continue to impact the number of domestic and international hotels that temporarily suspend operations . initial franchise and relicensing fees initial franchise fees are fees paid to the company when a franchisee executes a franchise agreement ; relicensing fees include fees charged to new owners of a franchised property whenever an ownership change occurs and the property remains in the franchise system , as well as fees required to renew existing franchise agreements . during the year ended december 31 , 2020 , the company awarded 427 franchise agreements representing 35,308 rooms compared to 684 franchise agreements representing 59,641 rooms for the year ended december 31 , 2019. domestic franchise agreements awarded for new construction hotels totaled 126 representing 11,847 rooms during the year ended december 31 , 2020 compared to 269 contracts representing 22,814 rooms for the year ended december 31 , 2019. conversion hotel awarded 48 franchise agreements totaled 301 representing 23,461 rooms for the year ended december 31 , 2020 compared to 415 agreements representing 36,827 rooms for the year ended december 31 , 2019. the company awarded 204 domestic relicensing contracts during the year ended december 31 , 2020 compared to 403 executed during the year ended december 31 , 2019.

loss on extinguishment of debt : during the first quarter of 2020 , the company recorded a loss on the extinguishment of debt of $ 0.6 million related to the early pay off of a construction loan in the amount of $ 33.1 million , inclusive of accrued and unpaid interest . during the third quarter of 2020 , the company recorded a loss on the extinguishment of debt of $ 16.0 million related to the tender offer and early pay off of the term loan . for the year ended december 31 , 2019 , the company recorded a loss on extinguishment of debt of $ 7.2 million for the early redemption of the company 's unsecured senior notes in the principal amount of $ 250 million which were due in august 2020. the loss on extinguishment represents a $ 6.3 million make-whole premium to redeem the notes prior to maturity and the acceleration of unamortized deferred financing fees and underwriting discounts . refer to item 7. liquidity and capital resources and note 12 to our consolidated financial statements for additional information . equity in net loss of affiliates : the company recorded net losses of $ 15.3 million from its unconsolidated joint ventures during the year ended december 31 , 2020 compared to net losses of $ 9.6 million for the year ended december 31 , 2019. these investments relate to the company 's program to offer equity support to qualified franchisees to develop and operate cambria hotels in strategic markets . the year-over-year fluctuation is primarily attributable to increased losses of operating joint venture hotels as impacted by the covid-19 pandemic and recognition of $ 7.3 million of impairment charges during the fourth quarter of 2020 related to four separate unconsolidated joint ventures . this fluctuation is partially offset by the recognition of a loss of $ 6.0 million in the third quarter of 2019 related to the sale of an unconsolidated joint venture . refer to note 8 to our consolidated financial statements for additional information .


 Write a concise suspicious activity report of the following text delimited by triple backquotes. Return your response as a formal report which covers the key points highlighting the location,dates,entity names and account holder information in chronological order of the text.
     ```loss on extinguishment of debt : during the first quarter of 2020 , the company recorded a loss on the extinguishment of debt of $ 0.6 million related to the early pay off of a construction loan in the amount of $ 33.1 million , inclusive of accrued and unpaid interest . during the third quarter of 2020 , the company recorded a loss on the extinguishment of debt of $ 16.0 million related to the tender offer and early pay off of the term loan . for the year ended december 31 , 2019 , the company recorded a loss on extinguishment of debt of $ 7.2 million for the early redemption of the company 's unsecured senior notes in the principal amount of $ 250 million which were due in august 2020. the loss on extinguishment represents a $ 6.3 million make-whole premium to redeem the notes prior to maturity and the acceleration of unamortized deferred financing fees and underwriting discounts . refer to item 7. liquidity and capital resources and note 12 to our consolidated financial statements for additional information . equity in net loss of affiliates : the company recorded net losses of $ 15.3 million from its unconsolidated joint ventures during the year ended december 31 , 2020 compared to net losses of $ 9.6 million for the year ended december 31 , 2019. these investments relate to the company 's program to offer equity support to qualified franchisees to develop and operate cambria hotels in strategic markets . the year-over-year fluctuation is primarily attributable to increased losses of operating joint venture hotels as impacted by the covid-19 pandemic and recognition of $ 7.3 million of impairment charges during the fourth quarter of 2020 related to four separate unconsolidated joint ventures . this fluctuation is partially offset by the recognition of a loss of $ 6.0 million in the third quarter of 2019 related to the sale of an unconsolidated joint venture . refer to note 8 to our consolidated financial statements for additional information .
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 Suspicious Activity Report : established a proactive , ongoing multi-channel franchisee outreach and education program that is actively assisting our franchisees in accessing newly available capital . revised the company 's guest cancellation policy to provide travelers greater flexibility during these challenging times . implemented travel restrictions and work-from-home practices for the company 's employees . 41 the company made a priority of working closely with its franchisees to drive business to their hotels across a wide variety of industries and government and emergency-management agencies . many of the company 's franchisees committed their rooms inventory at discounted rates , or on a complimentary basis , to support their communities in dealing with the effects of the pandemic , opening their hotels for hospital overflows and providing temporary housing for first responders , the national guard , healthcare workers , critical infrastructure workers and others in dire need . in addition , the company provided hotel room donations to operation homefront to help ill and injured service members that were displaced by the pandemic . the company also teamed up with serta , inc. to contribute to its “ stay home , send beds ” initiative , which provided bed donations to help address nationwide shortages at hospitals and temporary medical facilities . since the onset of the pandemic , management and the board of directors have taken steps to adjust the company 's cost structure and increase its financial flexibility , which include , but are not limited to , the following actions : reduced the compensation of the board of directors , chief executive officer , and other executive officers . reduced global workforce by approximately 18 % since december 31 , 2019 through a combination of layoffs and furloughs . introduced a hiring freeze , except with respect to certain critical positions . suspended associates ' 401 ( k ) match through the end of 2020. eliminated , reduced or deferred non-essential expenditures , discretionary capital expenditures and investments . we are actively working with vendors to achieve relief on fees or timing of fee payment . temporarily suspended activity under the company 's share repurchase program . determined to temporarily suspend future , undeclared dividends while the covid-19 pandemic is significantly impacting travel . entered into a $ 250 million unsecured term loan ( the `` term loan `` ) on a precautionary basis , enhancing the company 's financial flexibility by increasing its borrowing capacity . offered $ 450 million of 3.70 % senior unsecured notes due 2031 ( the `` 2020 senior notes `` ) , using net proceeds to repay the term loan in full and fund the $ 197.8 million purchase price of the cash tender offer ( the `` tender offer `` ) for approximately $ 183.4 million aggregate principal amount of the company 's 5.75 % senior unsecured notes due in 2022 ( the `` 2012 senior notes `` ) . as disclosed above , domestic occupancy of the company 's branded hotels has been severely impacted . however , approximately 90 % of the company 's domestic hotels are in suburban , small town and interstate locations and have experienced less severe occupancy declines related to covid-19 than hotels in urban centers or resorts . based on industry data , the company 's brands have been performing ahead of its upper-midscale , midscale and economy chain scale competitors , and the company 's hotels have experienced relatively stronger same-store revpar share gains versus their local competition from mid-march to through the end of 2020. given the uncertainty as to the potential duration of the crisis , including a potential resurgence of the virus , and its severity , the company does not expect material improvement in the industry until there is a sense that the spread of the virus has been contained , shelter-in-place orders have been lifted , and economic forecasts begin to improve . as the industry continues to recover , the company believes it will continue to benefit from the expected faster rebound of leisure demand as a result of its higher share of leisure travel mix relative to competitors . the company 's properties are also well distributed in drive-to markets , which the company believes will lead in the demand recovery for the industry . while the company believes that the long-term fundamentals of the business remain strong , it will continue to adjust business contingency plans as the covid-19 pandemic evolves . for additional information , see risk factors in part i , item 1a of this form 10-k. overview we are primarily a hotel franchisor with franchise agreements and owned hotels representing 7,147 hotels open comprising 597,977 rooms and 1,022 hotels under construction , awaiting conversion or approved for development comprising 86,264 rooms as of december 31 , 2020 , located in 50 states , the district of columbia and more than 40 countries and territories outside the united states . our brand names include comfort inn® , comfort suites® , quality® , clarion® , clarion pointe tm , ascend hotel collection® , sleep inn® , econo lodge® , rodeway inn® , mainstay suites® , suburban extended stay hotel® , woodspring suites® , everhome suites® , and cambria® hotels ( collectively , the `` choice brands `` ) . on january 27 , 2020 , we announced the launch of everhome suites , a new-construction midscale extended-stay brand offering . we expect to open the first everhome suites hotel in 2021. the company 's primary segment is the hotel franchising business , which represents approximately 96 % of the company 's total revenues . the company 's domestic operations are conducted through direct franchising relationships and the ownership of five cambria hotels , while its international franchise operations are conducted through a combination of direct franchising and 42 master franchising or master development ( collectively , `` master franchising `` ) relationships . story_separator_special_tag the decrease in domestic royalties is partially offset by an increase in the number of domestic franchised hotel rooms and an 8 basis point increase in the effective royalty rate from 4.86 % for the year ended december 31 , 2019 to 4.94 % for the year ended december 31 , 2020. a summary of the company 's domestic franchised hotels operating information for the years ending december 31 , 2020 and 2019 is as follows : replace_table_token_12_th the impacts of covid-19 on the company 's business were first experienced at end of the first quarter of 2020 , with domestic occupancy levels ranging between 25.5 % and 32.5 % in the last ten days of march resulting in significant decreases in revpar . lower occupancy and revpar trends continued into the second quarter of 2020 , with domestic revpar experiencing a decline of approximately 60.1 % from the comparative prior year april . these trends have steadily improved , albeit remained significantly impacted , in the third and fourth quarters , with domestic revpar experiencing a decline of approximately 28.8 % over the comparative prior year third quarter and 25.1 % over the comparative prior year fourth quarter . for the reasons cited above , we expect significant impact on our results of operations to continue in 2021. during the first quarter of 2020 , the company revised its calculation of occupancy . historically , occupancy has excluded rooms unavailable to our guests for operational reasons , as reported by our franchisees . with the onset of the covid-19 pandemic resulting in reduced travel and lesser demand , our franchisees began closing greater portions of inventory as compared to previous periods . to provide a more representative depiction of system occupancy and with reference to industry 47 standards for revpar reporting for partially closed hotels during the covid-19 pandemic , we have revised our occupancy calculation to be reflective of full room availability for open hotels . additionally , the company made minor revisions to the calculation of average daily rate ( `` adr `` ) with respect to complimentary rooms . the revised adr , occupancy , and revpar are reflected in the table above for all periods noted . based on our previous calculation of adr , occupancy , and revpar , these metrics for the year ended december 31 , 2020 would have been $ 71.13 , 53.0 % , and $ 37.68 , respectively , versus the year ended december 31 , 2019 of $ 81.42 , 62.9 % , and $ 51.19 , respectively , with period over period declines of 12.6 % , 990 basis points , and 26.4 % , respectively . the number of total domestic rooms online increased by 0.4 % to 464,682 rooms as of december 31 , 2020 from 462,973 as of december 31 , 2019. the total number of domestic hotels online increased by 0.2 % to 5,967 as of december 31 , 2020 from 5,955 as of december 31 , 2019. a summary of domestic hotels and rooms in our franchise system at december 31 , 2020 and 2019 by brand is as follows : replace_table_token_13_th as of both december 31 , 2020 , and january 31 , 2021 , there were less than 1 % of the company 's domestic hotel system that had temporarily suspended operations due to governmental restriction or a franchisee 's election . these temporarily suspended hotels are included in the summary table above of domestic hotels in our franchise system . international royalty fees for the year ended december 31 , 2020 decreased $ 9.4 million to $ 12.2 million compared to the year ended december 31 , 2019 as a result of temporarily suspended operations and declines in revpar performance resulting from impacts of the pandemic . international rooms online increased by 5,371 from 127,924 as of december 31 , 2019 to 133,295 as of december 31 , 2020 , while hotels online decreased by 18 from 1,198 as of december 31 , 2019 to 1,180 as of december 31 , 2020. international rooms grew at a faster pace than the number of hotels due to a focus on new entrants with higher per unit room counts than currently in the company 's international franchised hotel portfolio . as of both december 31 , 2020 and january 31 , 2021 , approximately 5 % of the company 's international branded hotels temporarily suspended operations due to governmental restriction or a franchisee 's election . there is uncertainty as to the potential duration of the pandemic , including a resurgence or increase in prevalence in variants as well as the timing of vaccinations around the world , and its severity , which we expect will continue to impact the number of domestic and international hotels that temporarily suspend operations . initial franchise and relicensing fees initial franchise fees are fees paid to the company when a franchisee executes a franchise agreement ; relicensing fees include fees charged to new owners of a franchised property whenever an ownership change occurs and the property remains in the franchise system , as well as fees required to renew existing franchise agreements . during the year ended december 31 , 2020 , the company awarded 427 franchise agreements representing 35,308 rooms compared to 684 franchise agreements representing 59,641 rooms for the year ended december 31 , 2019. domestic franchise agreements awarded for new construction hotels totaled 126 representing 11,847 rooms during the year ended december 31 , 2020 compared to 269 contracts representing 22,814 rooms for the year ended december 31 , 2019. conversion hotel awarded 48 franchise agreements totaled 301 representing 23,461 rooms for the year ended december 31 , 2020 compared to 415 agreements representing 36,827 rooms for the year ended december 31 , 2019. the company awarded 204 domestic relicensing contracts during the year ended december 31 , 2020 compared to 403 executed during the year ended december 31 , 2019.

