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2023-04-03 17:14:30 ET Sotherly Hotels' ( NASDAQ: SOHO ) occupancy, average daily rate and revenue per available room all rose markedly in Q1 from a year before, the lodging REIT said Monday. "Lodging fundamentals during the quarter were fueled by the sustained strength in...
WILLIAMSBURG, Va., April 03, 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 resul...
2023-03-05 09:00:00 ET Summary U.S. equity markets rebounded following their worst week of the year as investors parsed data showing surprising resilience in global economic activity this winter despite stiff interest rate headwinds. Snapping a three-week skid and notching its bes...
Sotherly Hotels Inc. (SOHO) Q4 2022 Earnings Conference Call March 2, 2023 10:00 a.m. ET Company Representatives Dave Folsom - President, Chief Executive Officer Scott Kucinski - Executive Vice President, Chief Operating Officer Tony Domalski - Vice President, Chief Fi...
Gainers: GoHealth ( GOCO ) +9% . Sotherly Hotels ( SOHO ) +7% . Yiren Digital ( YRD ) +6% . eHealth ( EHTH ) +5% . Losers: Silvergate Capital ( SI ) -45% . Hallmark Financial Services ( HALL ) -14% . Iris Energy ( ...
Sotherly Hotels press release ( NASDAQ: SOHO ): Q4 GAAP EPS of $0.17. Revenue of $41.34M (+17.8% Y/Y) misses by $0.56M . Fourth quarter hotel EBITDA finished at $11.9 million, which was a 46.8% increase over Q4 2021 and eclipsed Q4 2019 by 28.2%. Adjusted FFO for Q4 20...
WILLIAMSBURG, Va., March 02, 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 fo...
Summary The REIT sector sharply rebounded from a tough 2022 with an +11.77% total return in January 2023. Micro cap REITs (+16.16%) saw disproportionately strong gains in January, followed by double-digit returns for small caps (+11.79%), mid caps (+11.50%) and large caps (+10.07%). ...
Summary U.S. equity markets resumed their rebound this past week as investors parsed a busy slate of corporate earnings results and economic data ahead of the Federal Reserve's rate hike decision. Gaining for the third week in the past four, the S&P 500 advanced 2.5% on the week whi...
Summary The lodging industry was one of the first and worst pandemic casualties. Sotherly Hotels’ debt heavy capitalization proved particularly damaging when travel stopped in early 2020. SOHO just reinstated payment of the preferred dividends and, with a little cooperation f...
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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 ...