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Investment in Hotel Properties - Schedule of Investment in Hotel Properties (Details) - USD ($) $ in Thousands | Sep. 30, 2024 | Dec. 31, 2023
--- | --- | ---
Investment in hotel properties |  |
Land | $ 810,951 | $ 810,633
Buildings and improvements | 5,075,632 | 5,005,894
Furniture, fixtures and equipment | 531,877 | 511,451
Finance lease asset | 91,181 | 91,181
Construction in progress | 15,826 | 27,123
Investment in hotel properties, before right-of-use asset, operating leases | 6,525,467 | 6,446,282
Right-of-use asset, operating leases | $ 353,552 | $ 360,761
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 | $ 6,879,019 | $ 6,807,043
Less: Accumulated depreciation | (1,478,579) | (1,316,267)
Investment in hotel properties, net | $ 5,400,440 | $ 5,490,776

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