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Investment in Hotel Properties (Details) - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Investments, All Other Investments [Abstract]    
Land and improvements $ 285,767 $ 289,671
Building and improvements 1,266,121 1,274,970
Furniture, fixtures and equipment 112,223 108,222
Finance lease assets 43,753 0
Renovations in progress 13,801 15,138
Investment in hotel properties, at cost 1,721,665 1,688,001
Less accumulated depreciation and amortization (488,304) (460,368)
Investment in hotel properties, net $ 1,233,361 $ 1,227,633