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v3.25.3

Operating Segment Information (Details) - USD ($) $ in Thousands | 3 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 30, 2025 | Sep. 30, 2024 | Sep. 30, 2025 | Sep. 30, 2024
Segment Reporting Information [Line Items] |  |  |  |
Total revenues | $ 398,723 | $ 404,530 | $ 1,126,526 | $ 1,115,709
Significant hotel expenses: |  |  |  |
Total hotel operating expenses | 259,052 | 257,020 | 740,052 | 720,733
Hotel real estate taxes, personal property taxes, property insurance and ground rent | 35,404 | 35,274 | 102,655 | 92,681
Depreciation and amortization | (57,602) | (57,546) | (172,790) | (172,051)
Impairment | (20,180) | (27,925) | (74,595) | (82,285)
Impairment | (46,497) | (1,908) | (46,497) | (1,908)
Business interruption insurance income and gain on insurance settlement | 3,874 | 7,059 | 11,419 | 18,340
Income tax (expense) benefit | (3,002) | 25,213 | (7,652) | 24,157
Net income (loss) | (32,353) | 45,145 | (45,248) | 49,864
Corporate and Other |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Total revenues | 259 | 1,963 | 846 | 5,045
Significant hotel expenses: |  |  |  |
Corporate and other | (14,334) | (12,763) | (42,327) | (40,975)
Room |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Total revenues | 254,613 | 262,755 | 709,223 | 714,633
Significant hotel expenses: |  |  |  |
Total hotel operating expenses | 70,434 | 68,721 | 196,689 | 188,747
Food and beverage |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Total revenues | 96,239 | 95,998 | 288,543 | 278,613
Significant hotel expenses: |  |  |  |
Total hotel operating expenses | 71,011 | 71,346 | 208,237 | 203,281
Reportable Segment | Operating Segments |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Total revenues | 398,464 | 402,567 | 1,125,680 | 1,110,664
Significant hotel expenses: |  |  |  |
Hotel general and administrative | 31,391 | 31,406 | 92,081 | 90,202
Hotel sales and marketing | 24,631 | 24,607 | 72,669 | 71,260
Hotel operations and maintenance | 32,733 | 31,913 | 94,628 | 90,824
Hotel management fee | 11,748 | 12,188 | 31,333 | 32,135
Hotel real estate taxes, personal property taxes, property insurance and ground rent | 35,616 | 34,802 | 102,726 | 91,187
Other segment items | 15,512 | 14,569 | 40,123 | 38,442
Hotel EBITDA | 105,388 | 113,015 | 287,194 | 304,586
Depreciation and amortization | (57,602) | (57,546) | (172,790) | (172,051)
Impairment | (20,180) | (27,925) | (74,595) | (82,285)
Impairment | (46,497) | (1,908) | (46,497) | (1,908)
Business interruption insurance income and gain on insurance settlement | 3,874 | 7,059 | 11,419 | 18,340
Income tax (expense) benefit | (3,002) | 25,213 | (7,652) | 24,157
Reportable Segment | Room | Operating Segments |  |  |  |
Significant hotel expenses: |  |  |  |
Total hotel operating expenses | 70,434 | 68,721 | 196,689 | 188,747
Reportable Segment | Food and beverage | Operating Segments |  |  |  |
Significant hotel expenses: |  |  |  |
Total hotel operating expenses | $ 71,011 | $ 71,346 | $ 208,237 | $ 203,281

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