SOHO News and Press, Sotherly Hotels Inc. From 11/10/20

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Sotherly Hotels Inc. (SOHO) Q3 2020 Earnings Conference Call Nov 09, 2020, 10:00 AM ET Company Participants Mack Sims - VP of Operations & IR Scott Kucinski - EVP & COO Tony Domalski - CFO & Secretary Dave Folsom - President & CEO Conference Call Participants Alexander Goldfar...

S&P Global Ratings estimates that amid the pandemic denting group and business travel, U.S. RevPAR is expected to fall ~50% in 2020 recovering in 2021, but remaining 20% to 30% below 2019 levels.Forecast assumes a medical solution to the COVID-19 virus by mid-2021, with wide dissemin...

WILLIAMSBURG, Va., Nov. 09, 2020 (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...

Rapidly deteriorating financials has forced Sotherly Hotels to cancel the dividend payments on both its common and preferred shares. Rental revenue has declined by nearly 90% year-over-year, and both net income and cash from operations have gone negative. The company's future is i...

WILLIAMSBURG, Va., Oct. 14, 2020 (GLOBE NEWSWIRE) -- Sotherly Hotels Inc. (NASDAQ: SOHO) (the “Company”) announced that the Company will report financial results for the third quarter 2020 prior to the market opening on Monday, November 9, 2020. A conference call for i...

"No vacancy" becomes "no occupancy." Hotel REITs - along with the global leisure and tourism industry - have been decimated by the coronavirus pandemic, plunging more than 50% this year. Following a record year for the industry in 2019, hotels REITs reported occupancy rates below 20% ...

Sotherly Hotels (NASDAQ: SOHO ) climbs 4.2%  after the hotel REIT sees signs of demand returning , especially in the leisure segment. More news on: Sotherly Hotels Inc., Financial stocks news, Earnings news and commentary, Stocks on the move, , Read more ...

Sotherly Hotels, Inc. (SOHO) Q2 2020 Earnings Conference Call August 10, 2020 10:00 AM ET Company Participants Mack Sims - Vice President of Operations, Investor Relations Scott Kucinski - Executive Vice President, Chief Operating Officer Tony Domalski - Chief Financial Officer, ...

Sotherly Hotels (NASDAQ: SOHO ) : Q2 FFO of -$0.87 misses by $0.36 . Revenue of $5.29M (-89.7% Y/Y) beats by $0.09M . Press Release More news on: Sotherly Hotels Inc., Earnings news and commentary, Financial stocks news, ,