INVESTMENT IN HOTEL PROPERTIES, NET - Intangible Assets, Net (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Finite-Lived Intangible Assets [Line Items]
Indefinite-lived intangible assets	$ 10,834	$ 10,834
Finite-lived intangible assets	29,120	0
Intangible assets, gross	39,954	10,834
Less accumulated amortization	(3,067)	0
Intangible assets, net	36,887	10,834
Tax incentives
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets	19,750	0
Key money
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets	9,370	0
Air Rights
Finite-Lived Intangible Assets [Line Items]
Indefinite-lived intangible assets	10,754	10,754
Other
Finite-Lived Intangible Assets [Line Items]
Indefinite-lived intangible assets	$ 80	$ 80