v3.26.1
Operating Segment Information (Tables)
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
The following table presents the Company's segment hotel revenues, Hotel EBITDA, including significant hotel expenses and its reconciliation to net income (loss) for the three and six months ended June 30, 2026 and 2025 (in thousands):
For the three months ended
June 30,		For the six months ended
June 30,
2026202520262025
Revenues:
Total revenues$407,142 $407,537 $752,798 $727,803 
Less: Corporate and other revenues220 209 480 587 
Hotel revenues406,922 407,328 752,318 727,216 
Significant hotel expenses:
Room expenses64,836 67,732 124,351 126,255 
Food and beverage expenses72,386 72,658 137,845 137,226 
Hotel general and administrative31,123 31,579 60,235 60,690 
Hotel sales and marketing25,219 25,083 48,030 48,038 
Hotel operations and maintenance31,304 30,963 62,381 61,895 
Hotel management fee11,060 11,636 19,478 19,585 
Hotel real estate taxes, personal property taxes, property insurance and ground rent32,712 34,063 65,990 67,110 
Other segment items (1)
14,460 12,635 27,987 24,611 
Hotel EBITDA123,822 120,979 206,021 181,806 
Depreciation and amortization(52,099)(57,645)(104,078)(115,188)
Interest expense(26,056)(27,282)(52,370)(54,415)
Impairment(1,112)— (8,800)— 
Business interruption insurance income— 3,242 — 7,545 
Income tax (expense) benefit(7,716)(7,812)(7,699)(4,650)
Corporate and other (2)
(11,926)(12,197)(26,597)(27,993)
Net income (loss)$24,913 $19,285 $6,477 $(12,895)
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(1)    Other segment items include expenses incurred for parking, spa, franchise fees and other hotel operating expenses.
(2)    Corporate and other includes corporate general and administrative and other operating income and expenses.