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Acquisition and Disposition of Hotel Properties (Tables)
12 Months Ended
Dec. 31, 2022
Business Combination and Asset Acquisition [Abstract]  
Schedule of Hotel Properties Sold
The following table summarizes disposition transactions during the years ended December 31, 2022 and 2021 (in thousands):
Hotel Property NameLocationSale DateSale Price
The Marker San FranciscoSan Francisco, CAJune 28, 2022$77,000 
Sofitel Philadelphia at Rittenhouse SquarePhiladelphia, PAAugust 2, 202280,000 
Hotel SperoSan Francisco, CAAugust 25, 202271,000 
Hotel Vintage PortlandPortland, ORSeptember 14, 202232,900 
2022 Total$260,900 
Sir Francis DrakeSan Francisco, CAApril 1, 2021$157,625 
The Roger New YorkNew York, NYJune 10, 202119,000 
Villa Florence San Francisco on Union SquareSan Francisco, CASeptember 9, 202187,500 
2021 Total$264,125