Sotherly Hotels Inc.
NASDAQ Global MarketCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- David R. Folsom
- Full Time Employees
- 9
- Sector
- Real Estate
- Industry
- REIT - Hotel & Motel
- Address
- 306 South Henry Street Williamsburg VA United States of America 23185
- IPO Date
- Dec 17, 2004
- CIK
- 0001301236
- Website
- sotherlyhotels.com
- Similar Companies
- Business
- Sotherly Hotels Inc. Sotherly Hotels Inc. is a self-managed and self-administered lodging real estate investment trust (REIT) that owns, acquires, renovates, upbrands and repositions upscale to upper-upscale full-service hotels primarily in the Southern United States, with opportunistic investments elsewhere; its portfolio comprises investments in ten hotel properties totaling 2,786 rooms, as well as interests in two condominium hotels and their associated rental programs, including branded properties such as DoubleTree by Hilton Jacksonville Riverfront, DoubleTree by Hilton Laurel, DoubleTree by Hilton Philadelphia Airport, DoubleTree Resort by Hilton Hollywood Beach, Hotel Alba Tampa (Tapestry Collection by Hilton), Hotel Ballast Wilmington (Tapestry Collection by Hilton), Hyatt Centric Arlington, The DeSoto, The Georgian Terrace and The Whitehall, which generate revenue from rooms, food and beverage, and other services. The company operates in key markets across seven states including Florida, Georgia, Indiana, Maryland, North Carolina, Pennsylvania, Texas and Virginia, targeting business and leisure travelers with full-service offerings. Founded in 2004 and headquartered in Williamsburg, Virginia, Sotherly Hotels Inc. announced in October 2025 a definitive merger agreement to be acquired by a joint venture backed by Kemmons Wilson Hospitality Partners and Ascendant Capital Partners for $2.25 per share in cash, representing a 152.7% premium to the prior closing price and expected to close in the first quarter of 2026 pending shareholder approval.
Company News
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Sotherly Hotels Inc. Announces Intention to List on OTC Market Platform, Voluntarily Delist from Nasdaq and Continue SEC Reporting
Kemmons Wilson Hospitality Partners and Ascendant Capital Partners Joint Venture Completes Acquisition of Sotherly Hotels Inc.
Sotherly Hotels Inc. Stockholders Approve Merger Transaction
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SHAREHOLDER ALERT: The M&A Class Action Firm Announces An Investigation of Sotherly Hotels Inc. (NASDAQ: SOHO)
SOHO Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Sotherly Hotels Inc. Is Fair to Shareholders
Sotherly Hotels Inc. Announces Deferral of Payment of Preferred Dividends
SOHO Stock Alert: Halper Sadeh LLC is Investigating Whether the Sale of Sotherly Hotels Inc. is Fair to Shareholders
Sotherly Hotels Inc. to be Acquired by Joint Venture Backed by Kemmons Wilson Hospitality Partners and Ascendant Capital Partners
Sotherly Hotels Inc. Schedules Third Quarter 2025 Earnings Release and Conference Call
Sotherly Hotels Inc. Announces Refinancing of Savannah Hotel
IS SOHO HOUSE $9.00 PER SHARE BUYOUT FAIR? Kaskela Law LLC is Actively Investigating the Shareholder Buyout and Encourages Investors to Promptly Contact the Firm to Protect Their Financial Interests
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