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Investment in Hotel Properties (Tables)
12 Months Ended
Dec. 31, 2023
Property, Plant and Equipment [Abstract]  
Schedule of investment in hotel properties
Investment in hotel properties consisted of the following (in thousands):
December 31, 2023December 31, 2022
Land and improvements$998,417 $992,609 
Buildings and improvements4,117,210 4,040,505 
Furniture, fixtures and equipment798,410 745,978 
 5,914,037 5,779,092 
Accumulated depreciation(1,777,821)(1,598,764)
Investment in hotel properties, net$4,136,216 $4,180,328