v3.26.1
Segment Reporting - Schedule of Reconciliation of Operating Income (Loss) to Adjusted EBITDA (Details)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
USD ($)
hotel
Jun. 30, 2025
USD ($)
hotel
Jun. 30, 2026
USD ($)
segment
hotel
Jun. 30, 2025
USD ($)
hotel
Segment Reporting [Abstract]        
Number of operating segments | segment     1  
Number of reportable segments | segment     1  
REVENUE        
Total revenue $ 273,240 $ 302,001 $ 540,972 $ 579,360
EXPENSES        
Total hotel operating expenses 176,455 198,830 357,585 387,304
Indirect expenses:        
Total operating expenses $ 233,786 $ 269,289 $ 596,090 $ 527,028
Stirling OP        
Segment Reporting Information [Line Items]        
Number of hotel properties | hotel 4 4 4 4
Total Hotel        
REVENUE        
Total revenue $ 273,067 $ 301,545 $ 540,645 $ 578,595
Rooms        
REVENUE        
Total revenue 209,618 227,203 409,643 433,504
EXPENSES        
Total hotel operating expenses 46,032 51,659 92,222 99,449
Food and beverage        
REVENUE        
Total revenue 47,007 55,336 98,577 109,865
EXPENSES        
Total hotel operating expenses 31,188 35,455 65,571 71,181
Other Hotel        
REVENUE        
Total revenue 16,442 19,006 32,425 35,226
EXPENSES        
Total hotel operating expenses 89,895 101,372 181,168 196,482
Management Fees        
EXPENSES        
Total hotel operating expenses 9,340 10,344 18,624 20,192
Direct Hotel Investments        
EXPENSES        
Direct expenses 2,003 2,430 4,056 4,623
Indirect expenses:        
Property, general and administration 22,765 27,611 46,407 52,452
Sales and marketing 27,849 31,670 55,398 60,640
Information and telecommunications systems 4,229 3,485 8,530 8,203
Repairs and maintenance 12,258 13,508 24,746 26,897
Energy 9,141 10,560 19,549 20,685
Lease expense 1,094 1,133 2,262 2,396
Ownership expenses 459 556 1,043 1,145
Incentive management fee 5,368 5,213 9,557 8,879
Property taxes 7,978 9,968 17,132 20,062
Other taxes (refunds) 131 207 251 326
Insurance 4,982 5,539 10,425 11,055
Total operating expenses 184,716 209,266 375,489 407,843
Hotel adjusted EBITDA 88,351 92,279 165,156 170,752
Direct Hotel Investments | Total Hotel        
REVENUE        
Total revenue 273,067 301,545 540,645 578,595
Direct Hotel Investments | Rooms        
REVENUE        
Total revenue 209,618 227,203 409,643 433,504
EXPENSES        
Total hotel operating expenses 46,032 51,659 92,222 99,449
Direct Hotel Investments | Food and beverage        
REVENUE        
Total revenue 47,007 55,336 98,577 109,865
EXPENSES        
Total hotel operating expenses 31,106 35,455 65,406 71,181
Direct Hotel Investments | Other Hotel        
REVENUE        
Total revenue 16,442 19,006 32,425 35,226
Direct Hotel Investments | Management Fees        
EXPENSES        
Total hotel operating expenses $ 9,321 $ 10,272 $ 18,505 $ 19,850