SOHO News and Press, Sotherly Hotels Inc. From 08/10/23

2023-08-10 06:34:06 ET Sotherly Hotels press release ( NASDAQ: SOHO ): Q2 GAAP EPS of $0.16. Adjusted FFO per common share and unit of $0.36. Revenue of $49.02M (+3.9% Y/Y) misses by $0.98M . The Company increased production of hotel EBITDA to approximately $14...

WILLIAMSBURG, Va., Aug. 10, 2023 (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 results for...

2023-08-07 09:00:00 ET Summary Most REIT investors prioritize high dividends, while I focus on growth and healthy companies. This article identifies 17 REITs expected to have double-digit FFO per share growth this year or next, and to grow FFO at a 2-year CAGR of 7.5% or better. ...

2023-07-14 13:45:13 ET Summary Sweden's Central Bank reported a higher than expected 9.7% inflation rate in May, partly attributed to the impact of Beyonce's Renaissance Tour on hotel prices. The article explores the potential for hotel REITs to benefit from major concert tours, c...

WILLIAMSBURG, Va., July 12, 2023 (GLOBE NEWSWIRE) -- Sotherly Hotels Inc. (NASDAQ: SOHO) (the “Company”) announced that the Company will report financial results for the second quarter 2023 prior to the market opening on Thursday, August 10, 2023. A conference call for inves...

2023-07-12 12:00:08 ET Gainers: Harbor Custom Development ( HCDI ) +13% . Offerpad Solutions ( OPAD ) +11% . Sotherly Hotels ( SOHO ) +10% . Lufax Holding ( LU ) +7% . Argo Blockchain ( ARBK ) +8% on production update . ...

2023-07-09 09:00:00 ET Summary U.S. equity markets slumped this past week while benchmark interest rates climbed towards the highest levels of 2023 after employment data showed enough labor market resilience to keep the "hawks" in control. After an end-of-quarter rally lifted the ...

2023-07-06 06:15:18 ET Sotherly Hotels ( NASDAQ: SOHO ) reports y-o-y increase in occupancy, ADR and RevPar levels for June and 2Q23. The same store portfolio metrics includes the Company’s ten wholly-owned properties and excludes participating condominium hotel rooms o...

WILLIAMSBURG, Va., July 06, 2023 (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 result...

2023-06-04 09:00:00 ET Summary U.S. equity markets rebounded this week as a critical slate of employment data provided evidence of a 'soft' economic landing, showing stronger-than-expected job growth combined with a cooldown in wage pressures. Closing the week at its highs for the...