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Investment in Hotel Properties (Tables)

9 Months Ended

Sep. 30, 2025

Property, Plant and Equipment [Abstract]

Schedule of investment in hotel properties

Investment in hotel properties consisted of the following (in thousands):

			September 30, 2025						December 31, 2024
Land and improvements			$	1,131,836					$	1,130,005
Buildings and improvements			4,246,532						4,210,515
Furniture, fixtures and equipment			878,470						852,993
			6,256,838						6,193,513
Accumulated depreciation			(2,065,618)						(1,942,989)
Investment in hotel properties, net			$	4,191,220					$	4,250,524

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- Definition

Tabular disclosure of real estate properties and units in those properties that are included in the discussion of the nature of an entity's operations.

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