v3.26.1
Segment Information - Significant Operating Expenses (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Segment Information        
Revenue from Contract with Customer, Excluding Assessed Tax $ 277,109 $ 259,772 $ 536,818 $ 493,837
Advertising and promotion 14,561 14,222 28,253 27,338
Repairs and maintenance 10,267 9,875 21,921 19,560
Utilities 7,264 7,051 14,401 13,792
Franchise costs 4,960 4,843 9,545 9,302
Property tax, ground lease and insurance 21,101 18,954 41,555 37,851
Other property-level expenses 34,939 31,533 67,697 61,258
Total operating expenses 242,906 229,346 474,192 446,940
Room        
Segment Information        
Revenue from Contract with Customer, Excluding Assessed Tax 168,268 156,048 329,315 300,969
Cost of goods and services sold 43,142 40,859 85,140 79,969
Food and beverage        
Segment Information        
Revenue from Contract with Customer, Excluding Assessed Tax 78,904 78,026 153,191 145,154
Cost of goods and services sold 54,097 53,028 105,369 101,849
Other operating        
Segment Information        
Revenue from Contract with Customer, Excluding Assessed Tax 29,937 25,698 54,312 47,714
Cost of goods and services sold 7,916 6,510 14,640 12,370
Hotel Ownership        
Segment Information        
Hotel Adjusted EBITDAre 80,157 75,908 151,974 136,680
Hotel Ownership | Significant expense used by CODM consolidated member        
Segment Information        
Advertising and promotion 14,561 13,672 28,253 26,173
Repairs and maintenance 10,285 9,712 19,866 19,249
Utilities 7,264 7,051 14,401 13,792
Franchise costs 4,960 4,843 9,545 9,302
Property tax, ground lease and insurance 20,841 19,161 40,986 38,190
Other property-level expenses 33,886 31,216 66,644 60,314
Total operating expenses 196,952 183,864 384,844 357,157
Hotel Ownership | Significant expense used by CODM consolidated member | Room        
Segment Information        
Cost of goods and services sold 43,142 39,764 85,140 78,030
Hotel Ownership | Significant expense used by CODM consolidated member | Food and beverage        
Segment Information        
Cost of goods and services sold 54,097 52,123 105,369 100,014
Hotel Ownership | Significant expense used by CODM consolidated member | Other operating        
Segment Information        
Cost of goods and services sold 7,916 6,322 14,640 12,093
Hotel Ownership | Hotel Ownership        
Segment Information        
Revenue from Contract with Customer, Excluding Assessed Tax 277,109 259,772 536,818 493,837
Hotel Adjusted EBITDAre $ 80,157 $ 75,908 $ 151,974 $ 136,680