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Investments in Hotel Properties, net (Tables) | 3 Months Ended
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Mar. 31, 2024
Property, Plant and Equipment [Abstract] |
Schedule of Investments in Hotel Properties, net | Investments in hotel properties, net consisted of the following (in thousands):
| March 31, 2024 |  | December 31, 2023
Land | $ | 484,723 |  |  | $ | 605,509 |
Buildings and improvements | 2,887,537 |  |  | 3,331,645 |
Furniture, fixtures and equipment | 161,470 |  |  | 175,991 |
Construction in progress | 114,760 |  |  | 114,850 |
Hilton Marietta finance lease | 17,269 |  |  | 17,269 |
Total cost | 3,665,759 |  |  | 4,245,264 |
Accumulated depreciation | (1,127,289) |  |  | (1,293,332) |
Investments in hotel properties, net | $ | 2,538,470 |  |  | $ | 2,951,932 |

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- Definition Tabular disclosure of real estate properties and units in those properties that are included in the discussion of the nature of an entity's operations. + References No definition available. + Details
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