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Investment in Hotel Properties (Details) - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Investment in Hotel Properties    
Land $ 641,358 $ 645,884
Buildings and improvements 2,909,921 2,824,364
Furniture, fixtures and equipment 481,457 445,696
Intangible assets 43,937 44,063
Construction in progress 48,486 147,250
Investment in hotel properties, gross 4,125,159 4,107,257
Accumulated depreciation and amortization (1,353,979) (1,251,225)
Investment in hotel properties, net $ 2,771,180 $ 2,856,032