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Investment in Hotel Properties (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Dec. 31, 2025
Property, Plant, and Equipment [Abstract]      
Land and improvements $ 1,122,057   $ 1,123,123
Buildings and improvements 4,210,133   4,199,471
Furniture, fixtures and equipment 879,506   873,410
Investment in hotel properties, gross 6,211,696   6,196,004
Accumulated depreciation (2,130,652)   (2,083,617)
Investment in hotel properties, net 4,081,044   $ 4,112,387
Real estate depreciation expense, excluding discontinued operations $ 47,000 $ 45,700