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Investment in Hotel Properties, Net - Schedule of Investment in Hotel Properties, Net (Detail) - USD ($)
Dec. 31, 2024
Dec. 31, 2023
Property, Plant and Equipment [Line Items]    
Investment in Hotel Properties, Gross $ 570,295,477 $ 536,183,227
Less: accumulated depreciation (197,918,851) (181,264,121)
Investment in Hotel Properties, Net 372,376,626 354,919,106
Land and Land Improvements [Member]    
Property, Plant and Equipment [Line Items]    
Investment in Hotel Properties, Gross 61,370,250 61,114,486
Buildings and Improvements [Member]    
Property, Plant and Equipment [Line Items]    
Investment in Hotel Properties, Gross 428,355,821 418,833,706
Right of Use Assets [Member]    
Property, Plant and Equipment [Line Items]    
Investment in Hotel Properties, Gross 3,727,805 4,733,406
Finance Lease Right of Use Assets [Member]    
Property, Plant and Equipment [Line Items]    
Investment in Hotel Properties, Gross 23,021,483  
Furniture, Fixtures and Equipment [Member]    
Property, Plant and Equipment [Line Items]    
Investment in Hotel Properties, Gross $ 53,820,118 $ 51,501,629