v3.26.1
Investment in Hotel Properties - Schedule of Investment in Hotel Properties (Details) - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Investment in hotel properties    
Land $ 752,108 $ 754,384
Buildings and improvements 4,997,277 4,995,530
Furniture, fixtures and equipment 528,695 526,414
Finance lease asset 91,181 91,181
Construction in progress 3,717 1,203
Investment in hotel properties, before right-of-use asset, operating leases 6,372,978 6,368,712
Right-of-use asset, operating leases $ 351,424 $ 353,873
Operating lease, right-of-use asset, statement of financial position [extensible enumeration] Investment in hotel properties, net Investment in hotel properties, net
Investment in hotel properties $ 6,724,402 $ 6,722,585
Less: Accumulated depreciation (1,749,669) (1,699,128)
Investment in hotel properties, net $ 4,974,733 $ 5,023,457