- CEO
- Zachary Schmidt
- Full Time Employees
- 3
- Sector
- Real Estate
- Industry
- REIT - Hotel & Motel
- Address
- 20 Huling Avenue Memphis TN United States of America 38103
- IPO Date
- Apr 11, 2019
- Business
- Sotherly Hotels Inc. (SOHON) is a self-managed and self-administered lodging real estate investment trust (REIT) focused on the acquisition, renovation, upbranding and repositioning of upscale to upper-upscale full-service hotels primarily in the Southern United States, with opportunistic investments elsewhere in the country; its portfolio comprises investments in ten hotel properties totaling 2,786 rooms, plus interests in two condominium hotels and their associated rental programs. The company owns and operates hotels under Hilton Worldwide and Hyatt Hotels Corporation brands, as well as independent properties, targeting business and leisure travelers in mid-Atlantic and Southern markets including Virginia, Florida, Georgia and Texas. Organized in 2004 and headquartered in Williamsburg, Virginia, Sotherly Hotels emphasizes value-add strategies through property improvements and brand affiliations to enhance occupancy and revenue performance. In October 2025, Sotherly Hotels agreed to an all-cash acquisition by a joint venture backed by Kemmons Wilson Hospitality Partners and Ascendant Capital Partners, marking a significant strategic shift toward privatization pending shareholder and regulatory approvals.