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Investments in Hotel Properties, net
9 Months Ended
Sep. 30, 2024
Property, Plant and Equipment [Abstract]  
Investments in Hotel Properties, net Investments in Hotel Properties, net
Investments in hotel properties, net consisted of the following (in thousands):
September 30, 2024December 31, 2023
Land$474,823 $605,509 
Buildings and improvements2,911,840 3,331,645 
Furniture, fixtures and equipment174,208 175,991 
Construction in progress24,922 114,850 
Hilton Marietta finance lease17,269 17,269 
Total cost3,603,062 4,245,264 
Accumulated depreciation(1,118,574)(1,293,332)
Investments in hotel properties, net$2,484,488 $2,951,932