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Investment in Hotel Properties - Schedule of Investments in Hotel Properties (Details) - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Investments, All Other Investments [Abstract]    
Land and improvements $ 289,597 $ 289,589
Building and improvements 1,267,561 1,267,035
Furniture, fixtures and equipment 98,669 98,373
Renovations in progress 18,796 11,710
Investment in hotel properties, at cost 1,674,623 1,666,707
Less: accumulated depreciation (416,621) (402,455)
Investment in hotel properties, net $ 1,258,002 $ 1,264,252