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Sotherly Hotels Inc   (SOHO)
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Price: $1.3700 $-0.05 -3.521%
Day's High: $1.45 Week Perf: -1.44 %
Day's Low: $ 1.37 30 Day Perf: -1.44 %
Volume (M): 28 52 Wk High: $ 2.50
Volume (M$): $ 39 52 Wk Avg: $1.73
Open: $1.41 52 Wk Low: $1.32



 Market Capitalization (Millions $) 26
 Shares Outstanding (Millions) 19
 Employees 1,287
 Revenues (TTM) (Millions $) 220
 Net Income (TTM) (Millions $) 10
 Cash Flow (TTM) (Millions $) 4
 Capital Exp. (TTM) (Millions $) 14

Sotherly Hotels Inc
Sotherly Hotels Inc is a publicly traded hospitality company that owns and manages upscale, full-service hotels located primarily in the southern United States. The company was founded in 2004 with the goal of acquiring and transforming historic properties into luxury hotels and has since grown into a portfolio of 13 hotels in seven states.

The company's portfolio includes hotels under the brands of The Georgian Terrace, The Willard Hotel, The DeSoto, The Whitehall, The Hyde, The Berkeley and The Hotel at the University of Maryland. The hotels are located in cities like Atlanta, Savannah, Houston, Richmond, and Washington DC.

Sotherly Hotels operates with a focus on providing exceptional guest experience and prides itself on offering upscale amenities, personalized service, and stylish accommodations. The hotels feature various luxury amenities like outdoor pools, fitness centers, indoor & outdoor dining options, spas and stylishly designed guest rooms with upscale furnishings and d'cor.

Sotherly Hotel's main focus is on the historical significance of the properties it transforms into hotels while retaining the character and charm of the original buildings. In addition, the company has a strong focus on sustainability and environmental conservation, and actively undertakes initiatives to reduce its carbon footprint.

The company operates through a vertically integrated model in which it owns and manages its assets, providing a seamless experience for guests, investors, and stakeholders alike. It also operates a revenue management program that optimizes the room rates and occupancy rates for maximum profitability.

Overall, Sotherly Hotels has established itself as a premier luxury hospitality brand that continues to provide its guests with exceptional experiences and investors with steady returns.


   Company Address: 306 South Henry Street, Suite 100 Williamsburg 23185 VA
   Company Phone Number: 229-5648   Stock Exchange / Ticker: NASDAQ SOHO
   SOHO is expected to report next financial results on March 20, 2024.


   

Stock Performances by Major Competitors

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Dividend

Navigating Tax Liabilities: Sotherly Hotels Inc. Reveals Dividend Tax Treatment of Preferred Shares

Published Wed, Feb 14 2024 11:00 AM UTC

Sotherly Hotels Inc. Announces Dividend Tax Treatment: What Does It Mean for Shareholders?
Sotherly Hotels Inc., a renowned hospitality company trading on NASDAQ under the ticker symbol SOHO, has recently disclosed the estimated income tax classification of its 2023 distributions on its Series B, C, and D preferred shares. This announcement has significant implications f...

Stock Market Announcement

Sotherly Hotels Inc. Enhances Financial Position with $35 Million Refinancing Deal for Tampa Hotel

Published Tue, Feb 13 2024 11:00 AM UTC

Sotherly Hotels Inc. Secures $35 Million Refinancing Deal for Tampa Hotel
Sotherly Hotels Inc., a publicly traded hospitality company, announced on February 13th, 2024, that it has successfully refinanced its Tampa property, Hotel Alba, Tapestry Collection by Hilton. The company secured a $35.0 million secured loan with Citi Real Estate Funding Inc., collateralized by a ...

Dividend

Sotherly Hotels Inc. Announces Approval of Quarterly Dividends for Preferred Stock

Published Tue, Jan 30 2024 11:30 AM UTC



Sotherly Hotels Inc. (NASDAQ: SOHO) has recently revealed that its Board of Directors has granted authorization for the payment of quarterly cash dividends for the Company's Series B, Series C, and Series D Preferred Stock. This decision signifies a positive development for the hotel industry and Sotherly Hotels Inc. investors alike.
The decision to approve qua...

Sotherly Hotels Inc

Sotherly Hotels Inc Struggles with Declining Revenue and Profitability in Q3 2023 Earnings Season

Sotherly Hotels Inc (NASDAQ: SOHO) has faced a challenging third quarter in 2023, with the company slipping into a loss of $-0.20 per share compared to $0.01 the previous year. This decline in earnings per share (EPS) is alarming, as it reflects a significant drop from the previous reporting season, where EPS stood at $0.16 per share. Moreover, the company's revenue also decreased by -0.08% to $39.18 million in the third quarter of 2023, compared to $39.21 million in the corresponding period the previous year. Sequentially, revenue fell even further by -20.066% from $49.02 million.
The net loss for the third quarter of 2023 was not an improvement, as Sotherly Hotels Inc recorded a deficit of $-2.066 million, in stark contrast to the net income of $1.973 million reported in the same reporting season the previous year. This downturn in financial performance is concerning and reflects poorly on the company's ability to generate profits.

Dividend

Sotherly Hotels Inc. Announces Quarterly Dividends for Preferred Stock, Demonstrating Strong Support for Shareholders

Published Tue, Oct 31 2023 10:30 AM UTC



WILLIAMSBURG, Va., Oct. 31, 2023 - Sotherly Hotels Inc. (NASDAQ: SOHO), a leading real estate investment trust (REIT) specializing in upscale hotels, has made a significant announcement that will undoubtedly be welcomed by its shareholders. The Company's Board of Directors has authorized the payment of quarterly cash dividends for its Series B, Series C, and Series...






 

Sotherly Hotels Inc's Segments
 
 
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