v3.26.1
Investments in Hotel Properties, net (Tables)
6 Months Ended
Jun. 30, 2026
Property, Plant and Equipment [Abstract]  
Schedule of Investments in Hotel Properties, Net
Investments in hotel properties, net consisted of the following (in thousands):
June 30, 2026December 31, 2025
Land$309,868 $410,460 
Buildings and improvements1,789,908 2,444,715 
Furniture, fixtures and equipment134,800 171,635 
Construction in progress39,392 24,937 
Hilton Marietta finance lease17,269 17,269 
Total cost2,291,237 3,069,016 
Accumulated depreciation(747,916)(983,772)
Investments in hotel properties, net$1,543,321 $2,085,244