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Investments in Hotel Properties, net (Details) - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Property, Plant and Equipment [Abstract]    
Land $ 427,915 $ 437,567
Buildings and improvements 2,559,119 2,700,234
Furniture, fixtures and equipment 182,951 171,762
Construction in progress 20,229 23,254
Hilton Marietta finance lease 17,269 17,269
Total cost 3,207,483 3,350,086
Accumulated depreciation (1,012,304) (1,030,879)
Investments in hotel properties, net $ 2,195,179 $ 2,319,207