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Investments in Hotel Properties, net - Schedule of Hotel Fair Value as a Result of Impairment Charges (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Fair Value, off-Balance-Sheet Risks, Disclosure Information [Line Items]      
Impairment Charges $ 54,492 $ 0 $ 0
Sofitel Chicago Magnificent Mile      
Fair Value, off-Balance-Sheet Risks, Disclosure Information [Line Items]      
Impairment Charges 30,256    
Hotel Yountville      
Fair Value, off-Balance-Sheet Risks, Disclosure Information [Line Items]      
Impairment Charges 15,564    
Bardessono Hotel & Spa      
Fair Value, off-Balance-Sheet Risks, Disclosure Information [Line Items]      
Impairment Charges 8,672    
Fair Value, Nonrecurring | Sofitel Chicago Magnificent Mile      
Fair Value, off-Balance-Sheet Risks, Disclosure Information [Line Items]      
Investment in real estate, net 79,100    
Fair Value, Nonrecurring | Hotel Yountville      
Fair Value, off-Balance-Sheet Risks, Disclosure Information [Line Items]      
Investment in real estate, net 70,300    
Fair Value, Nonrecurring | Bardessono Hotel & Spa      
Fair Value, off-Balance-Sheet Risks, Disclosure Information [Line Items]      
Investment in real estate, net 74,000    
Level 1 | Fair Value, Nonrecurring | Sofitel Chicago Magnificent Mile      
Fair Value, off-Balance-Sheet Risks, Disclosure Information [Line Items]      
Investment in real estate, net 0    
Level 1 | Fair Value, Nonrecurring | Hotel Yountville      
Fair Value, off-Balance-Sheet Risks, Disclosure Information [Line Items]      
Investment in real estate, net 0    
Level 1 | Fair Value, Nonrecurring | Bardessono Hotel & Spa      
Fair Value, off-Balance-Sheet Risks, Disclosure Information [Line Items]      
Investment in real estate, net 0    
Level 2 | Fair Value, Nonrecurring | Sofitel Chicago Magnificent Mile      
Fair Value, off-Balance-Sheet Risks, Disclosure Information [Line Items]      
Investment in real estate, net 0    
Level 2 | Fair Value, Nonrecurring | Hotel Yountville      
Fair Value, off-Balance-Sheet Risks, Disclosure Information [Line Items]      
Investment in real estate, net 0    
Level 2 | Fair Value, Nonrecurring | Bardessono Hotel & Spa      
Fair Value, off-Balance-Sheet Risks, Disclosure Information [Line Items]      
Investment in real estate, net 0    
Level 3 | Fair Value, Nonrecurring | Sofitel Chicago Magnificent Mile      
Fair Value, off-Balance-Sheet Risks, Disclosure Information [Line Items]      
Investment in real estate, net 79,100    
Level 3 | Fair Value, Nonrecurring | Hotel Yountville      
Fair Value, off-Balance-Sheet Risks, Disclosure Information [Line Items]      
Investment in real estate, net 70,300    
Level 3 | Fair Value, Nonrecurring | Bardessono Hotel & Spa      
Fair Value, off-Balance-Sheet Risks, Disclosure Information [Line Items]      
Investment in real estate, net $ 74,000