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Investment in Hotel Properties - Schedule of Investment in Hotel Properties (Details) - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Investment in hotel properties    
Land $ 763,764 $ 800,143
Buildings and improvements 5,018,027 5,062,727
Furniture, fixtures and equipment 528,503 539,616
Finance lease asset 91,181 91,181
Construction in progress 5,865 5,066
Investment in hotel properties, before right-of-use asset, operating leases 6,407,340 6,498,733
Operating lease, right-of-use asset $ 356,322 $ 351,150
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 $ 6,763,662 $ 6,849,883
Less: Accumulated depreciation (1,660,213) (1,530,854)
Investment in hotel properties, net $ 5,103,449 $ 5,319,029