INVESTMENT IN HOTEL PROPERTIES, NET - Schedule of investment in hotel properties (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Financing Receivable, Allowance for Credit Loss [Line Items]
Investment in hotel properties, at cost	$ 3,462,443	$ 2,675,053
Less - accumulated depreciation and amortization	(614,042)	(583,080)
Investment in hotel properties, net	2,848,401	2,091,973
Real estate development loan
Financing Receivable, Allowance for Credit Loss [Line Items]
Investment in hotel properties, at cost	29,632	27,595
Hotel buildings and improvements
Financing Receivable, Allowance for Credit Loss [Line Items]
Investment in hotel properties, at cost	2,762,269	2,127,782
Land
Financing Receivable, Allowance for Credit Loss [Line Items]
Investment in hotel properties, at cost	363,727	323,276
Furniture, fixtures and equipment
Financing Receivable, Allowance for Credit Loss [Line Items]
Investment in hotel properties, at cost	242,165	167,245
Construction in progress
Financing Receivable, Allowance for Credit Loss [Line Items]
Investment in hotel properties, at cost	26,669	18,321
Intangible assets
Financing Receivable, Allowance for Credit Loss [Line Items]
Investment in hotel properties, at cost	$ 37,981	$ 10,834