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v3.25.2

Operating Segment Information (Details) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2025 | Jun. 30, 2024 | Jun. 30, 2025 | Jun. 30, 2024
Segment Reporting Information [Line Items] |  |  |  |
Total revenues | $ 407,537 | $ 397,110 | $ 727,803 | $ 711,179
Significant hotel expenses: |  |  |  |
Total hotel operating expenses | 253,786 | 247,657 | 481,000 | 463,713
Hotel real estate taxes, personal property taxes, property insurance and ground rent | 33,978 | 25,002 | 67,251 | 57,407
Depreciation and amortization | (57,645) | (57,296) | (115,188) | (114,505)
Interest expense | (27,282) | (27,939) | (54,415) | (54,360)
Business interruption insurance income | 3,242 | 7,301 | 7,545 | 11,281
Income tax (expense) benefit | (7,812) | (1,010) | (4,650) | (1,056)
Net income (loss) | 19,285 | 32,239 | (12,895) | 4,719
Corporate and other |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Total revenues | 209 | 1,364 | 587 | 3,082
Significant hotel expenses: |  |  |  |
Corporate and other | (12,197) | (14,284) | (27,993) | (28,212)
Room |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Total revenues | 257,600 | 253,778 | 454,610 | 451,878
Significant hotel expenses: |  |  |  |
Total hotel operating expenses | 67,732 | 65,003 | 126,255 | 120,026
Food and beverage |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Total revenues | 105,994 | 101,520 | 192,304 | 182,615
Significant hotel expenses: |  |  |  |
Total hotel operating expenses | 72,658 | 70,921 | 137,226 | 131,935
Reportable Segment | Operating Segments |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Total revenues | 407,328 | 395,746 | 727,216 | 708,097
Significant hotel expenses: |  |  |  |
Corporate and other | 31,579 | 31,224 | 60,690 | 58,796
Hotel general and administrative | 25,083 | 24,414 | 48,038 | 46,653
Hotel operations and maintenance | 30,963 | 30,185 | 61,895 | 58,911
Hotel management fee | 11,636 | 11,578 | 19,585 | 19,947
Hotel real estate taxes, personal property taxes, property insurance and ground rent | 34,063 | 24,319 | 67,110 | 56,385
Other segment items | 12,635 | 12,635 | 24,611 | 23,873
Hotel EBITDA | 120,979 | 125,467 | 181,806 | 191,571
Depreciation and amortization | (57,645) | (57,296) | (115,188) | (114,505)
Interest expense | (27,282) | (27,939) | (54,415) | (54,360)
Business interruption insurance income | 3,242 | 7,301 | 7,545 | 11,281
Income tax (expense) benefit | (7,812) | (1,010) | (4,650) | (1,056)
Reportable Segment | Room | Operating Segments |  |  |  |
Significant hotel expenses: |  |  |  |
Total hotel operating expenses | 67,732 | 65,003 | 126,255 | 120,026
Reportable Segment | Food and beverage | Operating Segments |  |  |  |
Significant hotel expenses: |  |  |  |
Total hotel operating expenses | $ 72,658 | $ 70,921 | $ 137,226 | $ 131,935

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