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Investment in Hotel Properties - (Details) - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Investments, All Other Investments [Abstract]    
Land and improvements $ 289,671 $ 289,589
Building and improvements 1,276,283 1,267,035
Furniture, fixtures and equipment 107,756 98,373
Renovations in progress 14,074 11,710
Investment in hotel properties, at cost 1,687,784 1,666,707
Less: accumulated depreciation (445,829) (402,455)
Investment in hotel properties, net $ 1,241,955 $ 1,264,252