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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Revenues:      
Total revenues $ 1,129,883 $ 1,074,867 $ 1,001,503
Operating expenses:      
Depreciation and amortization 113,588 111,302 108,849
Impairment losses 34,169 941 2,843
Corporate expenses 52,911 32,048 31,790
Business interruption insurance income 0 (647) (499)
Total operating expenses, net 1,018,913 925,404 839,738
Interest expense 65,516 65,072 38,283
Interest (income) and other (income) expense, net (4,337) (2,561) 1,404
Loss on early extinguishment of debt 0 0 9,766
Total other expenses, net 61,179 62,511 49,453
Income before income taxes 49,791 86,952 112,312
Income tax expense (1,541) (317) (2,607)
Net income 48,250 86,635 109,705
Less: Net income attributable to noncontrolling interests (203) (295) (377)
Net income attributable to the Company 48,047 86,340 109,328
Distributions to preferred stockholders (9,817) (9,817) (9,817)
Net income attributable to common stockholders $ 38,230 $ 76,523 $ 99,511
Earnings per share:      
Earnings per share available to common stockholders—basic (in dollars per share) $ 0.18 $ 0.36 $ 0.47
Earnings per share available to common stockholders—diluted (in dollars per share) $ 0.18 $ 0.36 $ 0.47
Weighted-average number of common shares outstanding:      
Basic (in shares) 210,286,342 211,518,826 212,423,873
Diluted (in shares) 211,240,170 212,304,117 213,188,987
Comprehensive income:      
Net (loss) income $ 48,250 $ 86,635 $ 109,705
Other comprehensive income:      
Unrealized gain (loss) on interest rate derivative instruments 353 (2,634) 0
Unrealized gain on Rabbi trust assets 326 591 0
Comprehensive income 48,929 84,592 109,705
Comprehensive income attributable to noncontrolling interests (209) (288) (377)
Comprehensive income attributable to the Company 48,720 84,304 109,328
Rooms      
Revenues:      
Total revenues 742,626 717,447 681,269
Operating expenses:      
Operating expenses 186,131 176,765 163,062
Food and beverage      
Revenues:      
Total revenues 281,682 259,757 238,234
Operating expenses:      
Operating expenses 193,331 180,546 163,622
Other      
Revenues:      
Total revenues 105,575 97,663 82,000
Operating expenses:      
Operating expenses 268,563 261,536 233,691
Management fees      
Operating expenses:      
Operating expenses 27,149 24,998 23,439
Franchise fees      
Operating expenses:      
Operating expenses 39,724 35,738 32,683
Other property-level expenses      
Operating expenses:      
Operating expenses $ 103,347 $ 102,177 $ 80,258