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Investments in Hotel Properties, net (Tables)

3 Months Ended

Mar. 31, 2025

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, 2025						December 31, 2024
Land			$	437,567					$	437,567
Buildings and improvements			2,686,615						2,700,234
Furniture, fixtures and equipment			176,008						171,762
Construction in progress			17,415						23,254
Hilton Marietta finance lease			17,269						17,269
Total cost			3,334,874						3,350,086
Accumulated depreciation			(1,036,328)						(1,030,879)
Investments in hotel properties, net			$	2,298,546					$	2,319,207

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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.

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