XML 41 R31.htm IDEA: XBRL DOCUMENT v3.26.1
Segment Information (Tables)
 3 Months Ended
Mar. 31, 2026
Segment Reporting [Abstract]  
Segment Reporting
The following table presents information about profit or loss for the hotel segment:
For the three months ended March 31,
20262025
Revenues      
Room revenue$275,257 $267,654 
Food and beverage revenue39,717 37,513 
Other revenue25,003 22,952 
Total revenues339,977 328,119 
Operating expenses      
Room expense72,732 70,851 
Food and beverage expense30,762 29,289 
Management and franchise fee expense25,074 25,202 
Other operating expenses96,426 91,711 
Total operating expenses224,994 217,053 
Property tax, insurance and other26,972 27,203 
Other, net (1)(1,912)(2,048)
Hotel EBITDA$89,923 $85,911 
(1)    Includes miscellaneous hotel segment income, as well as adjustments for corporate-level expenses, certain non-cash items, and certain other items that the Company considers outside the normal course of operations.
Segment Reporting, Reconciliation of Profit (Loss) by Segment to Consolidated
The following table provides a reconciliation of the hotel segment profit and loss to the Company’s consolidated totals:
For the three months ended March 31,
20262025
(Loss) income before income tax expense$(85)$3,466 
Depreciation and amortization47,195 45,788 
Interest expense, net of interest income24,739 24,297 
General and administrative12,979 12,646 
Loss (gain) on sale of hotel properties, net3,647 (1,321)
Other, net1,448 1,035 
Hotel EBITDA$89,923 $85,911