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Investment in Hotel Properties (Details) - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Land $ 614,112 $ 672,531
Buildings and improvements 2,587,278 2,793,771
Furniture, fixtures and equipment 407,861 426,189
Intangible assets 42,187 42,187
Construction in progress 61,247 71,689
Investment in hotel properties, gross 3,712,685 4,006,367
Accumulated depreciation and amortization (1,127,406) (1,165,439)
Investment in hotel properties, net $ 2,585,279 $ 2,840,928