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Investment in Hotel Properties (Tables)
12 Months Ended
Dec. 31, 2024
Property, Plant and Equipment [Abstract]  
Schedule of investment in hotel properties
Investment in hotel properties consisted of the following (in thousands):
December 31, 2024December 31, 2023
Land and improvements$1,130,005 $998,417 
Buildings and improvements4,210,515 4,117,210 
Furniture, fixtures and equipment852,993 798,410 
 6,193,513 5,914,037 
Accumulated depreciation(1,942,989)(1,777,821)
Investment in hotel properties, net$4,250,524 $4,136,216