SOHO News and Press, Sotherly Hotels Inc. From 05/12/21

Sotherly Hotels Inc. (SOHO) Q1 2021 Earnings Conference Call May 12, 2021, 10:00 AM ET Company Participants Mack Sims - VP of Operations and IR Scott Kucinski - EVP and COO Tony Domalski - CFO and Secretary Dave Folsom - President and CEO Conference Call Participants Jonathan Jenkins - Janney...

Sotherly Hotels (SOHO): Q1 AFFO of -$0.33; FFO of -$0.30 beats by $0.19.Revenue of $22.64M (-39.2% Y/Y) beats by $5.54M.Press Release For further details see: Sotherly Hotels FFO beats by $0.19, beats on revenue

WILLIAMSBURG, Va., May 12, 2021 (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 result...

WILLIAMSBURG, Va., April 14, 2021 (GLOBE NEWSWIRE) -- Sotherly Hotels Inc. (NASDAQ: SOHO) (the “Company”) announced that the Company will report financial results for the first quarter 2021 prior to the market opening on Wednesday, May 12, 2021. A conference call for i...

Hotels were struggling before COVID due to a poor industry structure and oversupply. Now that financial stress is added on top, the outlook is rather grim. Despite all this weakness, hotel REITs are trading at a higher than normal multiple. For further details see: Don't...

Powered by Spring Break demand and accelerated by the vaccine roll-out, the recovery in domestic leisure travel - and hotel occupancy - has picked up meaningfully over the past month. TSA data showed that travel is now at 60% of pre-pandemic levels after bottoming at less than 5%. STR...

Gainers: Medley Management (MDLY) +31%. Upstart Holdings (UPST) +14%. Open Lending (LPRO) +13%. InnSuites Hospitality Trust (IHT) +12%.Losers: Lion Group Holding (LGHL) -19%. Yiren Digital (YRD) -10%. MMA Capital Holdings (MMAC) -9%. Futu Holdings (FUTU) -7%. Sotherly Hotels (SOHO) -6%. ...

Equity REITs continued their strong start to 2021 with a +7.74% average total return in February. Small-cap REITs (+10.77%) were the top performers in February, while large caps (+4.10%) saw smaller gains. 80.77% of REIT securities had a positive total return in February. Hote...

U.S. equity markets were mostly higher on a volatile week as investors remain skittish about a potential "overheating" U.S. economy and the implications for interest rates, inflation, and equity valuations. Bouncing back following two weeks of declines, the S&P 500 gaine...

Sotherly Hotels Inc. (SOHO) Q4 2020 Earnings Conference Call March 4, 2021 9:50 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 & Se...