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Investment in Hotel Properties - Schedule of Investments in Hotel Properties (Details) - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Investments, All Other Investments [Abstract]    
Land and improvements $ 280,415 $ 289,671
Building and improvements 1,232,438 1,274,970
Furniture, fixtures and equipment 107,947 108,222
Finance lease assets 43,760 0
Renovations in progress 17,232 15,138
Investment in hotel properties, at cost 1,681,792 1,688,001
Less accumulated depreciation and amortization (484,274) (460,368)
Investment in hotel properties, net $ 1,197,518 $ 1,227,633