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Investments in Hotel Properties, net - Investments (Details) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Property, Plant and Equipment [Abstract]    
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