Investment in Hotel Properties (Tables)

3 Months Ended

Mar. 31, 2023

Property, Plant and Equipment [Abstract]

Schedule of investment in hotel properties

Investment in hotel properties consisted of the following (in thousands):

	March 31, 2023		December 31, 2022
Land and improvements	$	993,190	$	992,609
Buildings and improvements	4,055,187		4,040,505
Furniture, fixtures and equipment	761,211		745,978
	5,809,588		5,779,092
Accumulated depreciation	(1,643,745)		(1,598,764)
Investment in hotel properties, net	$	4,165,843	$	4,180,328