v3.26.1
Leases and Management Agreements - Sonesta Agreement (Details)
$ in Thousands
 3 Months Ended
Aug. 01, 2025
USD ($)
renewalOption
Mar. 31, 2026
USD ($)
property
room
key
Mar. 31, 2025
USD ($)
Dec. 31, 2025
USD ($)
Management Agreements and Leases [Line Items]        
Capital improvements from leased facilities, funded   $ 49,893 $ 61,426  
Due from related persons   $ 7,184   $ 241
Sonesta Agreement        
Management Agreements and Leases [Line Items]        
Percentage of gross revenues from hotel operations placed into escrow   5.00%    
Hotel        
Management Agreements and Leases [Line Items]        
Number of properties | property   93    
Number of units related to real estate property | room   21,110    
Hotel | Sonesta Agreement        
Management Agreements and Leases [Line Items]        
Number of properties | property   53    
Payment for additional return (as percent)   80.00%    
Number of renewal options | renewalOption 2      
Term of renewal options (in years) 10 years      
Incentive fee (as percent) 20.00%      
Incentive threshold cap $ 194,248      
Brand promotion fee, percent of gross revenues 3.50%      
Loyalty fee, percent of room revenues 1.00%      
Construction management fee percentage 3.00%      
Termination, performance threshold period (in years) 2 years      
Realized returns under Sonesta agreement   $ 10,867 18,169  
Related party transaction, management, marketing and reservation system fees   13,206 26,276  
Accrued incentive fee   1,313    
Procurement and construction supervision fees   397 621  
Capital improvements from leased facilities, funded   18,697 $ 41,561  
Advanced working capital   $ 31,702   31,835
Hotel | Sonesta Agreement | Assets Held for Sale | Marketed Real Estate Dispositions        
Management Agreements and Leases [Line Items]        
Number of properties | property   15    
Number of units related to real estate property | key   3,022    
Hotel | Full Service Hotel | Sonesta Agreement        
Management Agreements and Leases [Line Items]        
Base management fee, percent of gross revenues 3.00%      
Loyalty fee, percent of qualified room revenues 4.50%      
Centralized service fee $ 1,100      
Hotel | Limited Services Hotel | Sonesta Agreement        
Management Agreements and Leases [Line Items]        
Base management fee, percent of gross revenues 5.00%      
Loyalty fee, percent of qualified room revenues 2.50%      
Centralized service fee $ 250      
Hotel | Select Service Hotels | Sonesta Agreement        
Management Agreements and Leases [Line Items]        
Base management fee, percent of gross revenues 5.00%      
Loyalty fee, percent of qualified room revenues 3.00%      
Centralized service fee $ 250      
Sonesta International Hotels Corporation | Hotel        
Management Agreements and Leases [Line Items]        
Due to related party, reimbursement of capital expenditures and other   $ 10,587   39,509
Sonesta International Hotels Corporation | Hotel | Return Of Capital        
Management Agreements and Leases [Line Items]        
Annual priority return under Sonesta agreement   196,236    
Due from related persons   $ 7,184   $ 241
Sonesta International Hotels Corporation | Hotel | Real Estate Assets at Cost | Credit Concentration        
Management Agreements and Leases [Line Items]        
Percentage of historical real estate investments   41.80%    
Sonesta International Hotels Corporation | Hotel | Full Service Hotel        
Management Agreements and Leases [Line Items]        
Number of real estate properties leased or managed | property   39    
Sonesta International Hotels Corporation | Hotel | Limited Services Hotel        
Management Agreements and Leases [Line Items]        
Number of real estate properties leased or managed | property   22    
Sonesta International Hotels Corporation | Hotel | Select Service Hotels        
Management Agreements and Leases [Line Items]        
Number of real estate properties leased or managed | property   7