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Sale of Hotel Properties | 9 Months Ended
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Sep. 30, 2022
Discontinued Operations and Disposal Groups [Abstract] |
Sale of Hotel Properties | Sale of Hotel Properties During the nine months ended September 30, 2022, the Company sold the following hotel properties in two separate transactions for a combined sales price of approximately $49.9 million.
Hotel Property Name |  | Location |  | Sale Date |  | Rooms
Marriott Denver Airport @ Gateway Park |  | Aurora, CO |  | March 8, 2022 |  | 238 |
SpringHill Suites Denver North Westminster |  | Westminster, CO |  | April 19, 2022 |  | 164 |
|  |  |  | Total |  | 402 |
The Company recorded a net gain of $1.0 million for the nine months ended September 30, 2022 in connection with the sale of these hotel properties.

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- Definition The entire disclosure related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 205 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//205-20/tableOfContent Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 360 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//360/tableOfContent + Details
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