v3.26.3
Investment in Hotel Properties - Schedule of Investment in Hotel Properties (Details) - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
Investment in hotel properties    
Land $ 717,409 $ 754,384
Buildings and improvements 4,889,595 4,995,530
Furniture, fixtures and equipment 526,109 526,414
Finance lease asset 91,181 91,181
Construction in progress 3,703 1,203
Investment in hotel properties, before right-of-use asset, operating leases 6,227,997 6,368,712
Right-of-use asset, operating leases $ 349,517 $ 353,873
Operating lease, right-of-use asset, statement of financial position [extensible enumeration] Investment in hotel properties, net Investment in hotel properties, net
Investment in hotel properties $ 6,577,514 $ 6,722,585
Less: Accumulated depreciation (1,810,477) (1,699,128)
Investment in hotel properties, net $ 4,767,037 $ 5,023,457