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Segment Reporting (Tables)
 9 Months Ended
Sep. 30, 2025
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information
The following tables include revenues, significant hotel operating expenses, and Hotel Adjusted EBITDA for the Company’s hotels, reconciled to the consolidated amounts included in the Company’s condensed consolidated statements of operations (in thousands):
Three Months Ended September 30,Nine Months Ended September 30,
2025202420252024
REVENUE
Rooms$85,701 $92,427 $331,617 $347,206 
Food and beverage36,637 34,781 133,996 135,891 
Other hotel revenue21,218 21,190 72,840 71,967 
Total hotel revenue$143,556 $148,398 $538,453 $555,064 
EXPENSES
Hotel expenses:
Rooms$24,728 $25,548 $80,232 $81,288 
Food and beverage30,685 31,998 106,662 109,379 
Direct expenses7,236 7,263 24,903 25,002 
Indirect expenses:
Property, general and administration14,364 14,873 45,228 47,120 
Sales and marketing11,138 11,639 36,868 37,644 
Information and telecommunications systems1,969 2,141 5,928 6,261 
Repairs and maintenance7,802 7,494 23,627 23,062 
Energy6,148 6,093 17,899 17,838 
Lease expense634 807 1,756 3,463 
Ownership expenses995 690 3,149 2,627 
Incentive management fee(187)219 5,263 6,430 
Management fees4,337 4,635 16,498 17,372 
Property taxes4,405 5,712 14,358 16,625 
Other taxes331 309 1,098 1,154 
Insurance3,409 3,927 10,888 12,692 
Total expenses117,994 123,348 394,357 407,957 
Hotel adjusted EBITDA$25,562 $25,050 $144,096 $147,107 
Three Months Ended September 30,Nine Months Ended September 30,
2025202420252024
Hotel adjusted EBITDA$25,562 $25,050 $144,096 $147,107 
Ownership expenses included in other hotel expenses(1,667)(81)(3,966)(84)
Ownership expenses included in property taxes, insurance and other(66)(37)(224)(269)
Management fees(103)(234)(393)(541)
Depreciation and amortization(23,164)(25,078)(69,919)(75,192)
Advisory services fee(7,915)(8,627)(21,717)(23,155)
Corporate, general and administrative(3,811)(8,874)(4,407)(11,105)
Gain (loss) on disposition of assets and hotel properties40,970 88,210 40,970 88,210 
Equity in earnings (loss) of unconsolidated entities— (80)— (214)
Interest income1,494 2,660 4,901 4,528 
Other income (expense)— — (1,250)— 
Interest expense and amortization of discounts and loan costs(25,188)(27,911)(75,376)(81,687)
Write-off of loan costs and exit fees(366)(5,292)(1,833)(6,095)
Gain (loss) on extinguishment of debt(1,553)— (1,553)(22)
Realized and unrealized gain (loss) on derivatives(118)(735)(301)523 
Income tax (expense) benefit648 864 (474)(474)
Net income (loss)$4,723 $39,835 $8,554 $41,530