A high-power diode-pumped 2.09 μm Tm,Ho:YAG laser oscillator with multi-regime operation is demonstrated. In the continuous-wave (CW) regime, it delivers 44.68 W output power with M2 = 3.47, yielding a record-high brightness of 87.57 MW/cm2·sr. In the Q-switched mode, stable laser performance across pulse repetition frequencies (PRFs) from 1 kHz to 4 kHz is achieved. At a PRF of 1 kHz, single pulse energy reaches 22.85 mJ with a pulse width of 443.4 ns and M2 = 3.50. In the quasi-continuous-wave (QCW) operation, a pulse energy of 31.85 mJ is obtained at 200 Hz with a 370 μs pulse width and M2 = 4.49. These pulse energies are the highest reported to date for Tm-Ho co-doped laser oscillators at high PRF. This also marks the first demonstration of a versatile 2 μm laser that can operate at room temperature while delivering high-energy, high-repetition-rate pulses in both nanosecond and microsecond durations within a single device, making it highly appealing for scientific and industrial applications.