Schedule III - Real Estate and Accumulated Depreciation (Details) - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 1,026,775
Initial Cost of Land	592,848
Initial Cost of FF&E, Buildings and improvements	1,132,838
Costs Capitalized Since Acquisition, Land	(12,371)
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	189,013
Gross Carrying Amount At Close of Period, Land	580,477
Gross Carrying Amount at Close of Period, FF&E, Buildings and improvements	1,321,851
Gross Carrying Amount At Close of Period, Total	1,902,328	$ 2,252,574	$ 2,382,716	$ 2,325,093
Accumulated Depreciation	344,061	$ 473,888	$ 498,508	$ 440,492
Cost of land and depreciable property, net of accumulated depreciation, for federal income tax purposes	$ 1,400,000
Building
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Estimated useful life	39 years
Building Improvements
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Estimated useful life	7 years 6 months
Furniture and fixtures | Minimum
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Estimated useful life	1 year 6 months
Furniture and fixtures | Maximum
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Estimated useful life	5 years
Washington DC, Capital Hilton
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 110,600
Initial Cost of Land	45,721
Initial Cost of FF&E, Buildings and improvements	106,245
Costs Capitalized Since Acquisition, Land	0
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	48,908
Gross Carrying Amount At Close of Period, Land	45,721
Gross Carrying Amount at Close of Period, FF&E, Buildings and improvements	155,153
Gross Carrying Amount At Close of Period, Total	200,874
Accumulated Depreciation	77,527
Philadelphia, PA, The Notary Hotel
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	66,245
Initial Cost of Land	9,814
Initial Cost of FF&E, Buildings and improvements	94,029
Costs Capitalized Since Acquisition, Land	0
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	21,776
Gross Carrying Amount At Close of Period, Land	9,814
Gross Carrying Amount at Close of Period, FF&E, Buildings and improvements	115,805
Gross Carrying Amount At Close of Period, Total	125,619
Accumulated Depreciation	60,482
Chicago, IL, Sofitel Chicago Magnificent Mile
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	48,509
Initial Cost of Land	12,631
Initial Cost of FF&E, Buildings and improvements	140,369
Costs Capitalized Since Acquisition, Land	(3,540)
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	(69,001)
Gross Carrying Amount At Close of Period, Land	9,091
Gross Carrying Amount at Close of Period, FF&E, Buildings and improvements	71,368
Gross Carrying Amount At Close of Period, Total	80,459
Accumulated Depreciation	1,359
Key West, Pier House Resort & Spa
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	94,000
Initial Cost of Land	59,731
Initial Cost of FF&E, Buildings and improvements	33,011
Costs Capitalized Since Acquisition, Land	0
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	(1,405)
Gross Carrying Amount At Close of Period, Land	59,731
Gross Carrying Amount at Close of Period, FF&E, Buildings and improvements	31,606
Gross Carrying Amount At Close of Period, Total	91,337
Accumulated Depreciation	11,923
Yountville, CA, Bardessono Hotel and Spa
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	39,000
Initial Cost of Land	0
Initial Cost of FF&E, Buildings and improvements	64,184
Costs Capitalized Since Acquisition, Land	0
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	(16,545)
Gross Carrying Amount At Close of Period, Land	0
Gross Carrying Amount at Close of Period, FF&E, Buildings and improvements	47,639
Gross Carrying Amount At Close of Period, Total	47,639
Accumulated Depreciation	2,014
Hotel Yountville
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	37,000
Initial Cost of Land	47,849
Initial Cost of FF&E, Buildings and improvements	48,567
Costs Capitalized Since Acquisition, Land	(9,185)
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	(15,383)
Gross Carrying Amount At Close of Period, Land	38,664
Gross Carrying Amount at Close of Period, FF&E, Buildings and improvements	33,184
Gross Carrying Amount At Close of Period, Total	71,848
Accumulated Depreciation	1,548
Beaver Creek, CO, Park Hyatt Beaver Creek Resort & Spa
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	70,500
Initial Cost of Land	89,117
Initial Cost of FF&E, Buildings and improvements	56,383
Costs Capitalized Since Acquisition, Land	354
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	36,794
Gross Carrying Amount At Close of Period, Land	89,471
Gross Carrying Amount at Close of Period, FF&E, Buildings and improvements	93,177
Gross Carrying Amount At Close of Period, Total	182,648
Accumulated Depreciation	26,856
Sarasota, FL, The Ritz-Carlton Sarasota Sarasota
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	130,000
Initial Cost of Land	83,630
Initial Cost of FF&E, Buildings and improvements	99,782
Costs Capitalized Since Acquisition, Land	0
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	14,152
Gross Carrying Amount At Close of Period, Land	83,630
Gross Carrying Amount at Close of Period, FF&E, Buildings and improvements	113,934
Gross Carrying Amount At Close of Period, Total	197,564
Accumulated Depreciation	32,974
St. Thomas, USVI, The Ritz-Carlton St. Thomas
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	107,000
Initial Cost of Land	25,533
Initial Cost of FF&E, Buildings and improvements	38,467
Costs Capitalized Since Acquisition, Land	0
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	69,452
Gross Carrying Amount At Close of Period, Land	25,533
Gross Carrying Amount at Close of Period, FF&E, Buildings and improvements	107,919
Gross Carrying Amount At Close of Period, Total	133,452
Accumulated Depreciation	24,458
Truckee, CA, The Ritz-Carlton Lake Tahoe
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	43,413
Initial Cost of Land	26,731
Initial Cost of FF&E, Buildings and improvements	91,603
Costs Capitalized Since Acquisition, Land	0
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	48,575
Gross Carrying Amount At Close of Period, Land	26,731
Gross Carrying Amount at Close of Period, FF&E, Buildings and improvements	140,178
Gross Carrying Amount At Close of Period, Total	166,909
Accumulated Depreciation	34,314
Beverly Hills, CA, Cameo Beverly Hills
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost of Land	29,346
Initial Cost of FF&E, Buildings and improvements	45,078
Costs Capitalized Since Acquisition, Land	0
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	25,391
Gross Carrying Amount At Close of Period, Land	29,346
Gross Carrying Amount at Close of Period, FF&E, Buildings and improvements	70,469
Gross Carrying Amount At Close of Period, Total	99,815
Accumulated Depreciation	11,673
Puerto Rico, The Ritz-Carlton Reserve Dorado Beach
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	95,148
Initial Cost of Land	79,711
Initial Cost of FF&E, Buildings and improvements	117,510
Costs Capitalized Since Acquisition, Land	0
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	13,397
Gross Carrying Amount At Close of Period, Land	79,711
Gross Carrying Amount at Close of Period, FF&E, Buildings and improvements	130,907
Gross Carrying Amount At Close of Period, Total	210,618
Accumulated Depreciation	27,096
Scottsdale, AZ, Four Seasons Resort Scottsdale
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	180,000
Initial Cost of Land	70,248
Initial Cost of FF&E, Buildings and improvements	197,610
Costs Capitalized Since Acquisition, Land	0
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	12,902
Gross Carrying Amount At Close of Period, Land	70,248
Gross Carrying Amount at Close of Period, FF&E, Buildings and improvements	210,512
Gross Carrying Amount At Close of Period, Total	280,760
Accumulated Depreciation	31,837
Land Parcel at McKinney, TX
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	5,360
Initial Cost of Land	12,786
Initial Cost of FF&E, Buildings and improvements	0
Costs Capitalized Since Acquisition, Land	0
Costs Capitalized Since Acquisition, FF&E, Buildings and improvements	0
Gross Carrying Amount At Close of Period, Land	12,786
Gross Carrying Amount at Close of Period, FF&E, Buildings and improvements	0
Gross Carrying Amount At Close of Period, Total	12,786
Accumulated Depreciation	$ 0