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Investment in Hotel Properties (Tables)
3 Months Ended
Mar. 31, 2025
Property, Plant and Equipment [Abstract]  
Schedule of investment in hotel properties
Investment in hotel properties consisted of the following (in thousands):
March 31, 2025December 31, 2024
Land and improvements$1,128,323 $1,130,005 
Buildings and improvements4,207,246 4,210,515 
Furniture, fixtures and equipment862,906 852,993 
6,198,475 6,193,513 
Accumulated depreciation(1,972,588)(1,942,989)
Investment in hotel properties, net$4,225,887 $4,250,524