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Acquisition and Disposition of Hotel Properties (Tables)
 9 Months Ended
Sep. 30, 2023
Business Combination and Asset Acquisition [Abstract]  
Schedule of Hotel Properties Sold
The following table summarizes disposition transactions during the nine months ended September 30, 2023 and 2022 (in thousands):
Hotel Property NameLocationSale DateSale Price
The Heathman HotelPortland, ORFebruary 22, 2023$45,000 
Retail at The Westin Michigan Avenue Chicago
Chicago, ILMarch 17, 202327,300 
Hotel Colonnade Coral GablesCoral Gables, FLMarch 28, 202363,000 
Hotel Monaco SeattleSeattle, WAMay 9, 202363,250 
Hotel Vintage SeattleSeattle, WAMay 24, 202333,700 
2023 Total$232,250 
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