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Sotherly Hotels, Inc. (SOHO) Q2 2022 Earnings Conference Call August 11, 2022 10:00 ET Company Participants Andrew Sims - Vice President of Operations & Investor Relations David Folsom - President & Chief Executive Officer Anthony Domalski - Vice Presiden...
Sotherly Hotels press release ( NASDAQ: SOHO ): Q2 AFFO of $0.33 GAAP EPS of $1.38 Revenue of $47.17M (+37.2% Y/Y) beats by $0.57M . 2022 Outlook For the third quarter of 2022, the Company expects Composite RevPAR to be approximately 6.5% ahead of the thi...
WILLIAMSBURG, Va., Aug. 11, 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...
As July 2022 comes to a close, we look back at the new preferred stocks and ETDs introduced during the past two months, offering annual yields ranging from 6.25%-13%. Here is a comparison against the highest quality preferred stocks in our coverage universe, as ranked by our internal ...
WILLIAMSBURG, Va., July 13, 2022 (GLOBE NEWSWIRE) -- Sotherly Hotels Inc. (NASDAQ: SOHO) (the “Company”) announced that the Company will report financial results for the second quarter 2022 prior to the market opening on Thursday, August 11, 2022. A conference call for...
U.S. equity markets posted solid gains this past week as decent employment data eased concerns over a "hard landing"- for the U.S. economy at least- sparking a bid for risk assets. Recording just its third weekly gain in the past fourteen weeks, the S&P 500 advanced 1.9% on the we...
Despite recessionary levels of consumer confidence and surging transportation costs, U.S. consumers have continued to travel this summer at rates approaching pre-pandemic levels, powering hotel RevPAR to all-time record highs. Dubbed the 'Summer of Revenge Travel', several years of pe...
Sotherly Hotels ( NASDAQ: SOHO ) stock is rising 3.8% in Wednesday morning trading after its preliminary second quarter revealed an improvement in its operating metrics due to a comeback in demand . "The second quarter’s improvements were largely driven by a...
WILLIAMSBURG, Va., July 06, 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 provided an update on recent op...
Following their best week of the year, U.S. equity markets were again under pressure this week while global benchmark interest rates retreated sharply as recession concerns sparked a bid for bonds. Capping off its worst first-half performance since 1970, the S&P 500 retreated 2.3%...
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WILLIAMSBURG, Va., July 17, 2024 (GLOBE NEWSWIRE) -- Sotherly Hotels Inc. (NASDAQ: SOHO) (the “Company”) announced that the Company will report financial results for the second quarter 2024 prior to the market opening on Tuesday, August 13, 2024. A conference call for investors ...
WILLIAMSBURG, Va., July 09, 2024 (GLOBE NEWSWIRE) -- Sotherly Hotels Inc. (NASDAQ: SOHO) (the “Company”) today announced that the Company has executed a secured loan with Fifth Third Bank, collateralized by the DoubleTree by Hilton Jacksonville Riverfront hotel (the “...
WILLIAMSBURG, Va., May 29, 2024 (GLOBE NEWSWIRE) -- Sotherly Hotels Inc. (NASDAQ: SOHO) (the “Company”) today announced that it has received a notice (“Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market (“Nasdaq”) as ...