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Investment in Hotel Properties - (Details) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Investments, All Other Investments [Abstract]    
Land and improvements $ 285,577 $ 289,671
Building and improvements 1,261,375 1,274,970
Furniture, fixtures and equipment 108,946 108,222
Renovations in progress 7,710 15,138
Investment in hotel properties, at cost 1,663,608 1,688,001
Less: accumulated depreciation (458,337) (460,368)
Investment in hotel properties, net $ 1,205,271 $ 1,227,633