Subsequent Events |
6 Months Ended |
|---|---|
Jun. 30, 2026 | |
| Subsequent Events | |
| Subsequent Events | 15. Subsequent Events On July 30, 2026, the Company sold Hyatt Regency San Francisco for a gross sale price of $279.0 million. On July 31, 2026, the Company repaid the $25.0 million that was outstanding on its $500.0 million credit facility utilizing proceeds from the sale of Hyatt Regency San Francisco. Following the repayment, the Company has full capacity available for future borrowing. Subsequent to the end of the second quarter of 2026 and through the date of issuance of these financial statements, the Company repurchased 70,662 shares of its preferred stock for $1.5 million, including fees and commissions, leaving $437.4 million remaining for repurchase under the Company’s stock repurchase program. |