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Sale of Hotel Properties
6 Months Ended
Jun. 30, 2025
Discontinued Operations and Disposal Groups [Abstract]  
Sale of Hotel Properties Sales of Hotel Properties 
In connection with the sales of hotel properties, the Company recorded a net loss of $0.4 million and a net gain of $0.9 million for the three and six months ended June 30, 2025, respectively, and a net gain of $3.5 million for the three and six months ended June 30, 2024.

On March 6, 2025, the Company sold the 181-room Courtyard Atlanta Buckhead hotel property in Atlanta, Georgia for a sales price of $24.3 million.

On May 21, 2024, the Company sold the 78-room Residence Inn Merrillville hotel property in Merrillville, Indiana
for a sales price of approximately $8.1 million.