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Sotherly Hotels Inc   (SOHO)
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Price: $1.1850 $0.00 0.000%
Day's High: $1.19 Week Perf: 0.42 %
Day's Low: $ 1.18 30 Day Perf: -2.07 %
Volume (M): 10 52 Wk High: $ 1.82
Volume (M$): $ 11 52 Wk Avg: $1.39
Open: $1.19 52 Wk Low: $1.07



 Market Capitalization (Millions $) 22
 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


   

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Stock Market Announcement

Sotherly Hotels Inc. Faces Listing Compliance Challenges Amidst Delayed Quarterly Report Filing,

Published Fri, Aug 23 2024 8:00 PM UTC

Sotherly Hotels Inc. Faces Listing Compliance Issues Following Delayed Quarterly Report Filing
Williamsburg, VA - Sotherly Hotels Inc. (NASDAQ: SOHO), a renowned hotel investment and management company, has recently received a notice from the Listing Qualifications Department of The Nasdaq Stock Market (Nasdaq). This notice was issued due to the company's failure to file...

Dividend

Sotherly Hotels Inc. Announces Quarterly Preferred Dividends

Published Tue, Jul 30 2024 10:30 AM UTC



Sotherly Hotels Inc. Declares Quarterly Cash Dividends: A Positive Shift for Preferred Shareholders
WILLIAMSBURG, Va., July 30, 2024 ?? In a significant move that underscores the resilience of Sotherly Hotels Inc. (NASDAQ: SOHO), the Board of Directors has authorized the payment of quarterly cash dividends for its Series B, Series C, and Series D Preferred Sto...

Financing Agreement

Sotherly Hotels Executes Refinancing and Ambitious Relaunch Plan for Jacksonville's DoubleTree Property.

Published Tue, Jul 9 2024 10:30 AM UTC

Refinancing and Relaunch Plans Announced for Sotherly Hotels' Jacksonville Property
Sotherly Hotels Inc., a reputable hospitality company, has recently made headlines with its announcement of refinancing and relaunch plans for the DoubleTree by Hilton Jacksonville Riverfront hotel, located in Jacksonville, Florida. The company has secured a loan from Fifth Third Bank, wi...

Financing Agreement

Sotherly Hotels Inc. Announces Refinancing and Renovation Plans for Philadelphia Hotel

Published Fri, May 3 2024 6:30 PM UTC



In a recent press release, Sotherly Hotels Inc. (NASDAQ: SOHO) revealed its latest business move, which includes an extension of its first mortgage with TD Bank, as well as a new franchise agreement and renovation plans for the DoubleTree by Hilton Philadelphia Airport in Philadelphia, PA.
Under the amended terms, the interest-only loan has been reduced by $3.0...

Dividend

Sotherly Hotels Inc. Announces Quarterly Dividends for Preferred Stock Shareholders

Published Tue, Apr 30 2024 1:30 PM UTC

The article for :
Sotherly Hotels Inc. authorizes payment of quarterly cash dividends for preferred stock
WILLIAMSBURG, Va., April 30, 2024 - Sotherly Hotels Inc. (NASDAQ: SOHO) announced today that its Board of Directors has approved the payment of quarterly cash dividends for the Company's Series B, Series C, and Series D Preferred Stock. This decision reflects the...







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