SOHO News and Press, Sotherly Hotels Inc. From 11/10/22

Sotherly Hotels Inc. (SOHO) Q3 2022 Results Conference Call November 10, 2022 10:00 AM ET Company Participants Mack Sims - Head of IR Scott Kucinski - Executive Vice President and Chief Operating Officer Tony Domalski - Vice President and Chief Financial Officer ...

WILLIAMSBURG, Va., Nov. 10, 2022 (GLOBE NEWSWIRE) -- Sotherly Hotels Inc. (NASDAQ: SOHO) , (“Sotherly” or the “Company”), a self-managed and self-administered lodging real estate investment trust (a “REIT”), today reported its consolidated resul...

Summary U.S. equity markets slumped this week after the Federal Reserve approved another "jumbo" rate hike while lukewarm employment data pushed back the timeline for a potential "pivot" towards less-aggressive tightening. Retreating following its best week since November 2020, th...

WILLIAMSBURG, Va., Oct. 12, 2022 (GLOBE NEWSWIRE) -- Sotherly Hotels Inc. (NASDAQ: SOHO) (the “Company”) announced that the Company will report financial results for the third quarter 2022 prior to the market opening on Thursday, November 10, 2022. A conference call fo...

Summary U.S. equity markets snapped a three-week skid in another choppy week after employment data showed signs of softening in labor markets - but not enough to alter the Fed's aggressive tightening path. Bouncing off its lowest levels in over two years, the S&P 500 advanced ...

Summary Hotel REITs have held up surprisingly well throughout the recent market turmoil and remain one of the top-performing property sectors this year following a solid summer of operating performance. Several years of pent-up leisure demand from COVID delays helped to offset a s...

Sotherly Hotels' ( NASDAQ: SOHO ) same-store portfolio metrics for September saw improvements across the board both M/M and Y/Y, it said Monday. The lodging REIT's occupancy rate for its 10 wholly-owned properties came in at 62.2%, up from 58.3% in August and +17.6% fr...

WILLIAMSBURG, Va., Oct. 03, 2022 (GLOBE NEWSWIRE) -- Sotherly Hotels Inc. (NASDAQ: SOHO) , (“Sotherly” or the “Company”), a self-managed and self-administered lodging real estate investment trust (a “REIT”), today reported preliminary operating ...

Summary COVID hit Hotel REITs extra hard, but this year has seen a great deal of leisure travel within the U.S. As a result, Hotel REITs are the fourth-best performing REIT sector of 2022 thus far. The forecast for earnings growth is outstanding, all across the Hotel REIT sect...

4 Ashford Hospitality preferred stocks have massively lagged the recent huge rally in hotel REIT preferred stocks and offer a potential 30% total return from now till year’s end. In fact, these preferred stocks have actually fallen steeply in price while other hotel REIT prefer...