CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES
Net Income	$ 43,262	$ 206,708	$ 90,766
Adjustments to reconcile net income to net cash provided by operating activities:
Bad debt expense	474	372	964
Gain on sale of assets, net	(457)	(123,820)	(22,946)
(Gain) loss on extinguishment of debt, net	(59)	(9,938)	936
Noncash interest on derivatives, net	(540)	252	(2,194)
Depreciation	123,150	126,543	125,843
Amortization of franchise fees and other intangibles	1,357	464	492
Amortization of Debt Issuance Costs	3,047	2,700	2,486
Amortization of deferred stock compensation	10,456	10,775	10,891
Impairment of Real Estate			3,466
Gain on insurance recoveries	(430)	(3,722)	(4,369)
Changes in operating assets and liabilities:
Accounts receivable	(171)	10,609	(12,739)
Prepaid expenses and other assets	(2,630)	(1,871)	4,457
Increase (Decrease) in Accounts Payable and Other Operating Liabilities	(6,658)	(20,839)	12,740
Operating lease right-of-use assets and obligations	(425)	(102)	(1,409)
Net cash provided by operating activities	170,376	198,131	209,384
CASH FLOWS FROM INVESTING ACTIVITIES
Proceeds from sale of assets		364,491	191,291
Acquisition of hotel property	(229,330)		(232,506)
Proceeds from Insurance Settlement, Investing Activities	430	3,722	4,369
Renovations and additions to hotel properties and other assets	(157,378)	(110,131)	(128,576)
Payment for interest rate derivative			(299)
Net cash (used in) provided by investing activities	(386,278)	258,082	(165,721)
CASH FLOWS FROM FINANCING ACTIVITIES
Acquisition of noncontrolling interest, including transaction costs		(299)	(104,261)
Payment of stock issuance costs		(428)	(91)
Repurchases of outstanding common stock	(27,238)	(56,403)	(108,442)
Repurchases of common stock for employee tax obligations	(4,160)	(3,348)	(3,351)
Proceeds from Unsecured Lines of Credit			230,000
Payment on credit facility			(230,000)
Proceeds from Issuance of Debt	100,000	225,000	243,615
Payments on notes payable	(74,050)	(222,086)	(38,916)
Payments of deferred financing costs	(1,105)	(2,332)	(7,404)
Dividends and distributions paid	(90,966)	(59,825)	(24,824)
Distribution to noncontrolling interest			(5,500)
Net cash used in financing activities	(97,519)	(119,721)	(49,174)
Net (decrease) increase in cash and cash equivalents and restricted cash	(313,421)	336,492	(5,511)
Cash and cash equivalents and restricted cash, beginning of period	493,698	157,206	162,717
Cash and cash equivalents and restricted cash, end of period	180,277	493,698	157,206
Supplemental Disclosure of Cash Flow Information
Cash and Cash Equivalents, at Carrying Value	107,199	426,403	101,223
Restricted cash	73,078	67,295	55,983
Total cash and cash equivalents and restricted cash shown on the consolidated statements of cash flows	180,277	493,698	157,206
Cash paid for interest, net of capitalized interest	48,859	49,296	31,658
Cash paid for income taxes, net	3,140	1,731	709
Operating Lease, Payments	5,783	5,527	6,760
Changes in operating lease right-of-use assets	4,599	4,433	3,774
Changes in operating lease obligations	(5,024)	(4,535)	(5,183)
Changes in operating lease right-of-use assets and lease obligations, net	(425)	(102)	(1,409)
Supplemental Disclosure of Noncash Investing and Financing Activities
Capital Expenditures Incurred but Not yet Paid	16,701	9,812	9,567
Operating lease right-of-use asset obtained in exchange for operating lease obligation	308	2,163
Amortization of deferred stock compensation - construction activities	200	467	481
Dividends and distributions payable	$ 24,137	$ 29,965	13,995
Hyatt Centric Chicago Magnificent Mile
Supplemental Disclosure of Noncash Investing and Financing Activities
Escrow Deposits Related to Property Sales			4,000
Assignment of finance lease right-of-use asset in connection with sale of hotel			44,712
Assignment of finance lease obligation in connection with sale of hotel			15,569
Operating lease | Hilton Garden Inn Chicago Downtown/Magnificent Mile
Supplemental Disclosure of Noncash Investing and Financing Activities
Assignment of operating lease right-of-use asset in connection with sale of hotel			2,275
Assignment of operating lease obligation in connection with sale of hotel			$ 2,609