v3.26.1
Segment Reporting - Schedule of Revenues for Our Hotel Ownership Segment Reconciled (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Mar. 31, 2026
Jun. 30, 2025
Mar. 31, 2025
Jun. 30, 2026
Jun. 30, 2025
Segment Reporting [Line Items]            
Total revenues $ 318,286   $ 305,720   $ 576,448 $ 560,573
Non-cash lease expense and other amortization         2,575 2,583
Depreciation and amortization 28,841   28,156   57,381 56,048
Corporate expenses 10,419   9,465   18,262 17,148
Interest expense 14,442   14,868   29,132 30,026
Other (income) expense, net (1,946)   (764)   (2,594) (2,228)
Gain on sale of hotel property, net (31,591)   0   (31,591) 0
Income tax expense 1,680   991   1,726 149
Consolidated net income: 90,758 $ 14,533 41,039 $ 11,915 105,291 52,954
Rooms            
Segment Reporting [Line Items]            
Total revenues 207,669   198,237   371,754 361,355
Total significant expenses 46,982   47,272   89,305 91,115
Food and beverage            
Segment Reporting [Line Items]            
Total revenues 80,780   78,828   147,946 145,669
Total significant expenses 50,826   50,548   96,726 96,965
Other            
Segment Reporting [Line Items]            
Total revenues 29,837   28,655   56,748 53,549
Total significant expenses 70,594   68,719   136,782 134,005
Management fees            
Segment Reporting [Line Items]            
Total significant expenses 8,866   7,406   13,877 12,424
Franchise fees            
Segment Reporting [Line Items]            
Total significant expenses 10,549   10,003   19,804 19,051
Hotel ownership            
Segment Reporting [Line Items]            
Total revenues 318,286   305,720   576,448 560,573
Total significant expenses 195,057   201,009   379,151 385,299
Other hotel expenses 9,506   9,351   17,418 18,250
Hotel Adjusted EBITDA: 113,723   95,360   179,879 157,024
Non-cash lease expense and other amortization 1,347   1,284   2,575 2,583
Hotel pre-opening and manager transition items 0   321   0 344
Depreciation and amortization 28,841   28,156   57,381 56,048
Corporate expenses 10,192   9,465   17,959 17,148
Interest expense 14,442   14,868   29,132 30,026
Interest income (654)   (802)   (1,203) (1,583)
Other (income) expense, net (1,292)   38   (1,391) (645)
Gain on sale of hotel property, net (31,591)   0   (31,591) 0
Income tax expense 1,680   991   1,726 149
Consolidated net income: 90,758   41,039   105,291 52,954
Hotel ownership | Rooms            
Segment Reporting [Line Items]            
Total significant expenses 46,982   47,272   89,305 91,115
Hotel ownership | Food and beverage            
Segment Reporting [Line Items]            
Total significant expenses 50,826   50,548   96,726 96,965
Hotel ownership | Other            
Segment Reporting [Line Items]            
Total significant expenses 70,594   68,719   136,782 134,005
Hotel ownership | Management fees            
Segment Reporting [Line Items]            
Total significant expenses 9,263   7,804   14,671 13,219
Hotel ownership | Franchise fees            
Segment Reporting [Line Items]            
Total significant expenses 10,549   10,003   19,804 19,051
Hotel ownership | Property taxes            
Segment Reporting [Line Items]            
Total significant expenses $ 6,843   $ 16,663   $ 21,863 $ 30,944