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Investment in Hotel Properties (Tables)
12 Months Ended
Dec. 31, 2020
Property, Plant and Equipment [Abstract]  
Schedule of investment in hotel properties
Investment in hotel properties consisted of the following (in thousands):
December 31, 2020December 31, 2019
Land and improvements$1,089,597 $1,088,436 
Buildings and improvements4,084,712 4,039,012 
Furniture, fixtures and equipment697,404 685,699 
 5,871,713 5,813,147 
Accumulated depreciation(1,385,297)(1,198,181)
Investment in hotel properties, net$4,486,416 $4,614,966