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Indebtedness, net - Schedule of Indebtedness (Details)
$ in Thousands
1 Months Ended 3 Months Ended 6 Months Ended
Jul. 30, 2025
May 08, 2025
USD ($)
Apr. 09, 2025
extension
Feb. 24, 2025
extension
Feb. 12, 2025
USD ($)
extension
Jan. 31, 2025
USD ($)
Jun. 30, 2025
USD ($)
hotel
extension
Jun. 30, 2025
USD ($)
hotel
extension
Jun. 30, 2024
USD ($)
Dec. 31, 2024
USD ($)
Nov. 06, 2024
Debt Instrument [Line Items]                      
Debt balance             $ 2,700,104 $ 2,700,104   $ 2,705,650  
Premiums (discounts), net             322 322   331  
Capitalized default interest and late charges             3,549 3,549   36  
Deferred loan costs, net             (31,976) (31,976)   (8,459)  
Indebtedness, net             2,671,999 2,671,999   2,726,657  
Indebtedness, net             $ 2,644,765 $ 2,644,765   $ 2,629,289  
SOFR rate             4.32% 4.32%   4.33%  
Repayments of long-term debt               $ 542,293 $ 316,418    
Disposal Group, Held-for-sale, Not Discontinued Operations                      
Debt Instrument [Line Items]                      
Indebtedness, net related to assets held for sale             $ 27,234 $ 27,234      
Loan due April 2025 3.70% | Disposal Group, Held-for-sale, Not Discontinued Operations                      
Debt Instrument [Line Items]                      
Collateral | hotel             1 1      
Debt Instrument, Variable Interest Rate, Type [Extensible Enumeration]               Secured Overnight Financing Rate (SOFR) [Member]      
Basis spread on variable rate               3.70%      
Indebtedness, net related to assets held for sale             $ 0 $ 0   $ 97,368  
Loan due March 2026 3.39% | Disposal Group, Held-for-sale, Not Discontinued Operations                      
Debt Instrument [Line Items]                      
Collateral | hotel             2 2      
Debt Instrument, Variable Interest Rate, Type [Extensible Enumeration]               Secured Overnight Financing Rate (SOFR) [Member]      
Basis spread on variable rate               3.39%      
Indebtedness, net related to assets held for sale             $ 27,234 $ 27,234   0  
Mortgages | Mortgage Loan due February 2025 4.45%                      
Debt Instrument [Line Items]                      
Collateral | hotel             2 2      
Interest rate             4.45% 4.45%      
Basis spread on variable rate         4.37%            
Debt balance         $ 580,000   $ 0 $ 0   25,882  
Long-term debt, term (in months and years)         2 years            
Number of extension options | extension         3            
Term of extension option (in years)         1 year            
Mortgages | Mortgage Loan due March 2025 4.66%                      
Debt Instrument [Line Items]                      
Collateral | hotel             1 1      
Interest rate             4.66% 4.66%      
Debt balance             $ 21,971 $ 21,971   22,132  
Default interest accrued               5.00%      
Mortgages | Mortgage Loan due April 2025 3.70%                      
Debt Instrument [Line Items]                      
Collateral | hotel             18 18      
Debt Instrument, Variable Interest Rate, Type [Extensible Enumeration]               Secured Overnight Financing Rate (SOFR) [Member]      
Basis spread on variable rate               3.70%      
Debt balance             $ 743,625 $ 743,625   862,027  
Default interest accrued               4.00%      
Repayments of long-term debt           $ 118,400          
Mortgages | Mortgage Loan due April 2025 3.70% | Subsequent Event                      
Debt Instrument [Line Items]                      
Term of extension option (in years) 6 months                    
Mortgages | Mortgage Loan due June 2025 4.03%                      
Debt Instrument [Line Items]                      
Collateral | hotel             4 4      
Debt Instrument, Variable Interest Rate, Type [Extensible Enumeration]               Secured Overnight Financing Rate (SOFR) [Member]      
Basis spread on variable rate               4.03%      
Debt balance             $ 0 $ 0   143,877  
Mortgages | Mortgage Loan due June 2025 4.29%                      
Debt Instrument [Line Items]                      
Collateral | hotel             4 4      
Debt Instrument, Variable Interest Rate, Type [Extensible Enumeration]               Secured Overnight Financing Rate (SOFR) [Member]      
Basis spread on variable rate               4.29%      
Debt balance             $ 0 $ 0   159,424  
Mortgages | Mortgage Loan due June 2025 3.02%                      
Debt Instrument [Line Items]                      
Collateral | hotel             5 5      
Debt Instrument, Variable Interest Rate, Type [Extensible Enumeration]               Secured Overnight Financing Rate (SOFR) [Member]      
Basis spread on variable rate               3.02%      
Debt balance             $ 0 $ 0   109,473  
Mortgages | Mortgage Loan due July 2025 3.28%                      
Debt Instrument [Line Items]                      
Collateral | hotel             8 8      
Debt Instrument, Variable Interest Rate, Type [Extensible Enumeration]               Secured Overnight Financing Rate (SOFR) [Member]      
Basis spread on variable rate               3.28%      
Debt balance             $ 325,000 $ 325,000   325,000  
Number of extension options | extension             6 6      
Term of extension option (in years)               1 year      
Mortgages | Mortgage Loan due December 2025 4.00%                      
Debt Instrument [Line Items]                      
Collateral | hotel             1 1      
Debt Instrument, Variable Interest Rate, Type [Extensible Enumeration]               Secured Overnight Financing Rate (SOFR) [Member]      
Basis spread on variable rate               4.00%      
Debt balance             $ 37,000 $ 37,000   37,000  
Number of extension options | extension             3 3      
Term of extension option (in years)               1 year      
SOFR Floor (as a percent)                     0.50%
Mortgages | Mortgage Loan due February 2026 2.85%                      
Debt Instrument [Line Items]                      
Collateral | hotel             1 1      
Debt Instrument, Variable Interest Rate, Type [Extensible Enumeration]               Secured Overnight Financing Rate (SOFR) [Member]      
Basis spread on variable rate               2.85%      
Debt balance             $ 12,330 $ 12,330   12,330  
Number of extension options | extension       1              
Term of extension option (in years)       1 year              
Mortgages | Mortgage Loan due March 2026 3.39%                      
Debt Instrument [Line Items]                      
Collateral | hotel             17 17      
Debt Instrument, Variable Interest Rate, Type [Extensible Enumeration]               Secured Overnight Financing Rate (SOFR) [Member]      
Basis spread on variable rate               3.39%      
Debt balance             $ 409,750 $ 409,750   409,750  
Number of extension options | extension     2                
Term of extension option (in years)     1 year                
Mortgages | Mortgage Loan due May 2026 4.00%                      
Debt Instrument [Line Items]                      
Collateral | hotel             2 2      
Debt Instrument, Variable Interest Rate, Type [Extensible Enumeration]               Secured Overnight Financing Rate (SOFR) [Member]      
Basis spread on variable rate               4.00%      
Debt balance             $ 98,450 $ 98,450   98,450  
Number of extension options | extension             2 2      
Term of extension option (in years)             1 year        
SOFR Floor (as a percent)             0.50% 0.50%      
Mortgages | Mortgage Loan due May 2026 3.98%                      
Debt Instrument [Line Items]                      
Collateral | hotel             1 1      
Debt Instrument, Variable Interest Rate, Type [Extensible Enumeration]               Secured Overnight Financing Rate (SOFR) [Member]      
Basis spread on variable rate               3.98%      
Debt balance             $ 267,200 $ 267,200   267,200  
Number of extension options | extension             3 3      
Term of extension option (in years)             1 year        
Mortgages | Mortgage Loan due February 2027 4.37%                      
Debt Instrument [Line Items]                      
Collateral | hotel             16 16      
Debt Instrument, Variable Interest Rate, Type [Extensible Enumeration]               Secured Overnight Financing Rate (SOFR) [Member]      
Basis spread on variable rate               4.37%      
Debt balance             $ 580,000 $ 580,000   0  
Mortgages | Mortgage Loan Due November 2027 4.75%                      
Debt Instrument [Line Items]                      
Collateral | hotel             1 1      
Debt Instrument, Variable Interest Rate, Type [Extensible Enumeration]               Secured Overnight Financing Rate (SOFR) [Member]      
Basis spread on variable rate               4.75%      
Debt balance             $ 121,500 $ 121,500   121,500  
Number of extension options | extension             2 2      
Term of extension option (in years)             1 year        
SOFR Floor (as a percent)             2.75% 2.75%      
Mortgages | Mortgage Loan due December 2028 8.51%                      
Debt Instrument [Line Items]                      
Collateral | hotel             4 4      
Interest rate             8.51% 8.51%      
Debt balance             $ 30,200 $ 30,200   30,200  
Term Loan | Term Loan due January 2026 14.00%                      
Debt Instrument [Line Items]                      
Interest rate             14.00% 14.00%      
Debt balance             $ 0 $ 0   44,722  
Exit fee payment         $ 30,000            
Preferred Interest | Preferred Interest due May 2029 14.00%                      
Debt Instrument [Line Items]                      
Collateral | hotel             1 1      
Interest rate   14.00%         14.00% 14.00%      
Debt balance             $ 35,185 $ 35,185   0  
Proceeds from equity investment in hotel property   $ 35,000                  
Bridge Loan | Bridge Loan due September 2025 7.75%                      
Debt Instrument [Line Items]                      
Collateral | hotel             1 1      
Interest rate             7.75% 7.75%      
Debt balance             $ 2,167 $ 2,167   20,898  
Construction loan | Construction Loan due May 2033 11.26%                      
Debt Instrument [Line Items]                      
Collateral | hotel             1 1      
Interest rate             11.26% 11.26%      
Debt balance             $ 15,726 $ 15,726   15,785  
Embedded debt derivative                      
Debt Instrument [Line Items]                      
Embedded debt derivative             $ 0 $ 0   $ 29,099