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Investments in Hotel Properties, net
 9 Months Ended
Sep. 30, 2025
Property, Plant and Equipment [Abstract]  
Investments in Hotel Properties, net Investments in Hotel Properties, net
Investments in hotel properties, net consisted of the following (in thousands):
September 30, 2025December 31, 2024
Land$427,915 $437,567 
Buildings and improvements2,559,119 2,700,234 
Furniture, fixtures and equipment182,951 171,762 
Construction in progress20,229 23,254 
Hilton Marietta finance lease17,269 17,269 
Total cost3,207,483 3,350,086 
Accumulated depreciation(1,012,304)(1,030,879)
Investments in hotel properties, net$2,195,179 $2,319,207