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Investment in Hotel Properties (Tables)
6 Months Ended
Jun. 30, 2024
Property, Plant and Equipment [Abstract]  
Schedule of investment in hotel properties
Investment in hotel properties consisted of the following (in thousands):
June 30, 2024December 31, 2023
Land and improvements$1,129,388 $998,417 
Buildings and improvements4,177,665 4,117,210 
Furniture, fixtures and equipment829,382 798,410 
6,136,435 5,914,037 
Accumulated depreciation(1,861,766)(1,777,821)
Investment in hotel properties, net$4,274,669 $4,136,216