v3.26.3
Segment Reporting - Schedule of Revenues for Our Hotel Ownership Segment Reconciled (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2026
Jun. 30, 2026
Mar. 31, 2026
Sep. 30, 2025
Jun. 30, 2025
Mar. 31, 2025
Sep. 30, 2026
Sep. 30, 2025
Segment Reporting [Line Items]                
Total revenues $ 297,605     $ 285,384     $ 874,053 $ 845,957
Non-cash lease expense and other amortization             3,906 3,862
Loss on debt extinguishment 0     5,850     0 5,850
Depreciation and amortization 28,530     28,340     85,911 84,388
Corporate expenses 10,925     8,567     29,187 25,715
Interest expense 14,648     17,111     43,780 47,137
Impairment loss 0     1,076     0 1,076
Other (income) expense, net (1,264)     (2,298)     (3,858) (4,526)
Loss (gain) on sale of hotel property, net 239     0     (31,352) 0
Income tax expense 4,097     469     5,823 618
Consolidated net income: 33,409 $ 90,758 $ 14,533 22,638 $ 41,039 $ 11,915 138,700 75,592
Rooms                
Segment Reporting [Line Items]                
Total revenues 195,451     189,088     567,205 550,443
Total significant expenses 46,521     46,529     135,826 137,644
Food and beverage                
Segment Reporting [Line Items]                
Total revenues 72,169     67,415     220,115 213,084
Total significant expenses 48,998     47,181     145,724 144,146
Other                
Segment Reporting [Line Items]                
Total revenues 29,985     28,881     86,733 82,430
Total significant expenses 70,528     68,127     207,310 202,132
Management fees                
Segment Reporting [Line Items]                
Total significant expenses 7,921     7,096     21,798 19,520
Franchise fees                
Segment Reporting [Line Items]                
Total significant expenses 10,132     9,731     29,936 28,782
Hotel ownership                
Segment Reporting [Line Items]                
Total revenues 297,605     285,384     874,053 845,957
Total significant expenses 197,188     193,620     576,339 578,919
Other hotel expenses 8,730     8,596     26,148 26,846
Hotel Adjusted EBITDA: 91,687     83,168     271,566 240,192
Non-cash lease expense and other amortization 1,331     1,279     3,906 3,862
Hotel pre-opening and manager transition items 0     135     0 479
Loss on debt extinguishment 0     5,850     0 5,850
Depreciation and amortization 28,530     28,340     85,911 84,388
Corporate expenses 10,696     8,567     28,656 25,715
Interest expense 14,648     17,111     43,780 47,137
Interest income (1,215)     (2,202)     (2,419) (3,785)
Impairment loss 0     1,076     0 1,076
Other (income) expense, net (48)     (95)     (1,439) (740)
Loss (gain) on sale of hotel property, net 239     0     (31,352) 0
Income tax expense 4,097     469     5,823 618
Consolidated net income: 33,409     22,638     138,700 75,592
Hotel ownership | Rooms                
Segment Reporting [Line Items]                
Total significant expenses 46,521     46,529     135,826 137,644
Hotel ownership | Food and beverage                
Segment Reporting [Line Items]                
Total significant expenses 48,998     47,181     145,724 144,146
Hotel ownership | Other                
Segment Reporting [Line Items]                
Total significant expenses 70,528     68,127     207,310 202,132
Hotel ownership | Management fees                
Segment Reporting [Line Items]                
Total significant expenses 8,319     7,492     22,990 20,711
Hotel ownership | Franchise fees                
Segment Reporting [Line Items]                
Total significant expenses 10,132     9,731     29,936 28,782
Hotel ownership | Property taxes                
Segment Reporting [Line Items]                
Total significant expenses $ 12,690     $ 14,560     $ 34,553 $ 45,504