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Investment in Hotel Properties - Schedule of Investments in Hotel Properties (Details) - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Investments, All Other Investments [Abstract]    
Land and improvements $ 289,589 $ 291,768
Building and improvements 1,267,035 1,258,845
Furniture, fixtures and equipment 98,373 91,110
Renovations in progress 11,710 7,869
Investment in hotel properties, at cost 1,666,707 1,649,592
Less: accumulated depreciation (402,455) (366,722)
Investment in hotel properties, net $ 1,264,252 $ 1,282,870