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Investments in Hotel Properties, net (Details) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net [Abstract]    
Land $ 630,842 $ 630,842
Buildings and improvements 1,544,944 1,535,501
Furniture, fixtures and equipment 171,402 166,673
Construction in progress 28,550 36,954
Residences 12,746 12,746
Total cost 2,388,484 2,382,716
Accumulated depreciation (512,215) (498,508)
Investments in hotel properties, net $ 1,876,269 $ 1,884,208