v3.26.3
Operating Segment Information (Tables)
 9 Months Ended
Sep. 30, 2026
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
The following table presents the Company's segment hotel revenues, Hotel EBITDA, including significant hotel expenses and its reconciliation to net income (loss) for the three and nine months ended September 30, 2026 and 2025 (in thousands):
For the three months ended
September 30,		For the nine months ended
September 30,
2026202520262025
Revenues:
Total revenues$402,745 $398,723 $1,155,543 $1,126,526 
Less: Corporate and other revenues280 259 760 846 
Hotel revenues402,465 398,464 1,154,783 1,125,680 
Significant hotel expenses:
Room expenses68,344 70,434 192,695 196,689 
Food and beverage expenses70,632 71,011 208,477 208,237 
Hotel general and administrative30,955 31,391 91,190 92,081 
Hotel sales and marketing24,540 24,631 72,570 72,669 
Hotel operations and maintenance33,391 32,733 95,772 94,628 
Hotel management fee10,922 11,748 30,400 31,333 
Hotel real estate taxes, personal property taxes, property insurance and ground rent32,171 35,616 98,161 102,726 
Other segment items (1)
16,269 15,512 44,256 40,123 
Hotel EBITDA115,241 105,388 321,262 287,194 
Depreciation and amortization(51,717)(57,602)(155,795)(172,790)
Interest expense(25,949)(20,180)(78,319)(74,595)
Impairment(77,329)(46,497)(86,129)(46,497)
Business interruption insurance income and gain on insurance settlement— 3,874 — 11,419 
Income tax (expense) benefit(3,173)(3,002)(10,872)(7,652)
Corporate and other (2)
(11,659)(14,334)(38,256)(42,327)
Net income (loss)$(54,586)$(32,353)$(48,109)$(45,248)
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(1)    Other segment items include expenses incurred for parking, spa, franchise fees and other hotel operating expenses.
(2)    Corporate and other includes corporate general and administrative and other operating income and expenses.