INVESTMENT IN HOTEL PROPERTIES, NET - Schedule of Investment in Hotel Properties (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Financing Receivable, Allowance for Credit Loss [Line Items]
Investment in hotel properties, at cost	$ 3,550,443	$ 2,675,053
Less accumulated depreciation	(651,931)	(583,080)
Investment in hotel properties, net	2,898,512	2,091,973
Real estate development loan
Financing Receivable, Allowance for Credit Loss [Line Items]
Investment in hotel properties, at cost	0	27,595
Hotel buildings and improvements
Financing Receivable, Allowance for Credit Loss [Line Items]
Investment in hotel properties, at cost	2,840,004	2,127,782
Land
Financing Receivable, Allowance for Credit Loss [Line Items]
Investment in hotel properties, at cost	378,105	323,276
Furniture, fixtures and equipment
Financing Receivable, Allowance for Credit Loss [Line Items]
Investment in hotel properties, at cost	253,936	167,245
Construction in progress
Financing Receivable, Allowance for Credit Loss [Line Items]
Investment in hotel properties, at cost	38,444	18,321
Intangible assets
Financing Receivable, Allowance for Credit Loss [Line Items]
Investment in hotel properties, at cost	$ 39,954	$ 10,834