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Sale of Hotel Properties
 9 Months Ended
Sep. 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 $0.1 million and a net gain of $0.8 million for the three and nine months ended September 30, 2025, respectively, and net gains of $4.8 million and $8.3 million for the three and nine months ended September 30, 2024, respectively.

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.

During the nine months ended September 30, 2024, the Company sold the following hotel properties in two separate transactions for a combined sales price of approximately $20.8 million.

Hotel Property NameLocationSale DateRooms
Residence Inn MerrillvilleMerrillville, INMay 21, 202478 
Fairfield Inn & Suites Denver Cherry CreekDenver, COSeptember 9, 2024134 
Total212