reports
Sotherly Hotels Inc. Reports Financial Results for the First Quarter E...
Sotherly Hotels Inc. Reports Financial Results for the First Quarter Ended March 31, 2025 WILLIAMSBURG, Va., May 13, 2025 (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 the first quarter ended March 31, 2025. The Company’s results include the following*: Three Months Ended March 31, 2025 March 31, 2024 ($ in thousands except per share data) Total revenues$48,312 $46,548 Net income 4,734 1,323 Net income (loss) ...
Sotherly Hotels Inc. Announces Quarterly Preferred Dividends
Sotherly Hotels Inc. Announces Quarterly Preferred Dividends WILLIAMSBURG, Va., April 29, 2025 (GLOBE NEWSWIRE) -- (NASDAQ: SOHO) (the “Company”) today announced that its Board of Directors has authorized payment of quarterly cash dividends for the Company’s Series B, Series C, and Series D Preferred Stock. The Board of Directors authorized, and the Company has declared, a quarterly cash dividend of $0.50 per share of beneficial interest of the Company’s 8.0% Series B Cumulative Redeemable Perpetual Preferred Stock. The Series B preferred dividend will be paid on June 16, 2025, to share...
Sotherly Hotels Inc. Schedules First Quarter 2025 Earnings Release and...
Sotherly Hotels Inc. Schedules First Quarter 2025 Earnings Release and Conference Call WILLIAMSBURG, Va., April 03, 2025 (GLOBE NEWSWIRE) -- (NASDAQ: SOHO) (the “Company”) announced that the Company will report financial results for the first quarter 2025 prior to the market opening on Tuesday, May 13, 2025. A conference call for investors and other interested parties is scheduled for 10:00 a.m. Eastern Time (ET) that same day, at which time management will discuss the Company’s first quarter 2025 results. The information to be discussed on the call will be contained in the Company’s ear...
Sotherly Hotels Inc. Reports Financial Results for the Fourth Quarter ...
Sotherly Hotels Inc. Reports Financial Results for the Fourth Quarter Ended December 31, 2024 WILLIAMSBURG, Va., March 13, 2025 (GLOBE NEWSWIRE) -- Sotherly Hotels Inc. (NASDAQ: SOHO), (“Sotherly” or the “Company”), a self-managed and self-administered lodging real estate investment trust (a “REIT”), today reported its consolidated results for the fourth quarter and year ended December 31, 2024. The Company’s results include the following*: Three Months Ended Years Ended December 31, 2024 December 31, 2023 December 31, 2024 December 31, 2023 ($ in thousands except per share data...
Sotherly Hotels Inc. Announces Amended Dividend Tax Treatment
Sotherly Hotels Inc. Announces Amended Dividend Tax Treatment WILLIAMSBURG, Va., Feb. 24, 2025 (GLOBE NEWSWIRE) -- (NASDAQ: SOHO) (the “Company”) is amending the estimated income tax classification information of the Company’s 2024 distributions on its Series D preferred shares (CUSIP #83600C509), which was previously released on February 18, 2025, due to the inclusion of incorrect “paid” and “record” dates in the release. The changes apply to only the Series D preferred shares portion of the release. The income tax classification of the 2024 distributions as it is expected to be reporte...
Sotherly Hotels Inc. Announces Dividend Tax Treatment
Sotherly Hotels Inc. Announces Dividend Tax Treatment WILLIAMSBURG, Va., Feb. 18, 2025 (GLOBE NEWSWIRE) -- (NASDAQ: SOHO) (the “Company”) today announced the estimated income tax classification of the Company’s 2024 distributions on its Series B preferred shares (CUSIP #83600C301), Series C preferred shares (CUSIP #83600C400), and Series D preferred shares (CUSIP #83600C509). The income tax classification of the 2024 distributions as it is expected to be reported on Form 1099-DIV is set forth in the following table: SERIES B PREFERRED SHARES TotalTaxableNontaxable RecordPaidCash Distr...
Sotherly Hotels Inc. Schedules Fourth Quarter 2024 Earnings Release an...
Sotherly Hotels Inc. Schedules Fourth Quarter 2024 Earnings Release and Conference Call WILLIAMSBURG, Va., Feb. 12, 2025 (GLOBE NEWSWIRE) -- (NASDAQ: SOHO) (the “Company”) announced that the Company will report financial results for the fourth quarter 2024 prior to the market opening on Thursday, March 13, 2025. A conference call for investors and other interested parties is scheduled for 10:00 a.m. Eastern Time (ET) that same day, at which time management will discuss the Company’s fourth quarter 2024 results. The information to be discussed on the call will be contained in the Company’...
Sotherly Hotels Inc. Announces Quarterly Preferred Dividends
Sotherly Hotels Inc. Announces Quarterly Preferred Dividends WILLIAMSBURG, Va., Jan. 28, 2025 (GLOBE NEWSWIRE) -- (NASDAQ: SOHO) (the “Company”) today announced that its Board of Directors has authorized payment of quarterly cash dividends for the Company’s Series B, Series C, and Series D Preferred Stock. The Board of Directors authorized, and the Company has declared, a quarterly cash dividend of $0.50 per share of beneficial interest of the Company’s 8.0% Series B Cumulative Redeemable Perpetual Preferred Stock. The Series B preferred dividend will be paid on March 14, 2025 to shareh...
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InnSuites Hospitality Trust - Company Profile and SWOT Analysis
Summary InnSuites Hospitality Trust - Company Profile and SWOT Analysis, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. Key Highlights InnSuites Hospitality Trust (InnSuites) is a real estate investment trust, which owns interests in hotels. The company provides hotel services including management, branding, and reservation...
Sotherly Hotels Inc. Reports Financial Results for the Third Quarter E...
Sotherly Hotels Inc. Reports Financial Results for the Third Quarter Ended September 30, 2024 WILLIAMSBURG, Va., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Sotherly Hotels Inc. (NASDAQ: SOHO), (“Sotherly” or the “Company”), a self-managed and self-administered lodging real estate investment trust (a “REIT”), today reported its consolidated results for the third quarter ended September 30, 2024. The Company’s results include the following*: Three Months Ended Nine Months Ended September 30, 2024 September 30, 2023 September 30, 2024 September 30, 2023 ($ in thousands except per share data) ...
Sotherly Hotels Inc. Announces Quarterly Preferred Dividends
Sotherly Hotels Inc. Announces Quarterly Preferred Dividends WILLIAMSBURG, Va., Oct. 29, 2024 (GLOBE NEWSWIRE) -- (NASDAQ: SOHO) (the “Company”) today announced that its Board of Directors has authorized payment of quarterly cash dividends for the Company’s Series B, Series C, and Series D Preferred Stock. The Board of Directors authorized, and the Company has declared, a quarterly cash dividend of $0.50 per share of beneficial interest of the Company’s 8.0% Series B Cumulative Redeemable Perpetual Preferred Stock. The Series B preferred dividend will be paid on December 16, 2024, to sh...
Moody's Ratings downgrades Service Properties Trust's CFR to B3, outlo...
Moody's Ratings (Moody's) today downgraded Service Properties Trust's ("SVC" or the "REIT") Corporate Family Rating (CFR) to B3 from B2, and the guaranteed and non-guaranteed senior unsecured ratings to B3 and Caa1 from B2 and B3, respectively. In addition, we downgraded the senior secured rating to...
Sotherly Hotels Inc. Schedules Third Quarter 2024 Earnings Release and...
Sotherly Hotels Inc. Schedules Third Quarter 2024 Earnings Release and Conference Call WILLIAMSBURG, Va., Oct. 09, 2024 (GLOBE NEWSWIRE) -- (NASDAQ: SOHO) (the “Company”) announced that the Company will report financial results for the third quarter 2024 prior to the market opening on Tuesday, November 12, 2024. A conference call for investors and other interested parties is scheduled for 10:00 a.m. Eastern Time (ET) that same day, at which time management will discuss the Company’s third quarter 2024 results. The information to be discussed on the call will be contained in the Company’s...
Sotherly Hotels Inc. Receives Notification of Deficiency From Nasdaq R...
Sotherly Hotels Inc. Receives Notification of Deficiency From Nasdaq Related to Delayed Filing of Quarterly Report on Form 10-Q WILLIAMSBURG, Va., Aug. 23, 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 a result of its failure to file its Quarterly Report on Form 10-Q for the quarter ended June 30, 2024 (the "Form 10-Q") in a timely fashion. The Notice advised the Company that it was not in compliance with Nasdaq’s conti...
Sotherly Hotels Inc. Reports Financial Results for the Second Quarter ...
Sotherly Hotels Inc. Reports Financial Results for the Second Quarter Ended June 30, 2024 WILLIAMSBURG, Va., Aug. 13, 2024 (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 the second quarter ended June 30, 2024. The Company’s results include the following*: Three Months Ended Six Months Ended June 30, 2024 June 30, 2023 June 30, 2024 June 30, 2023 ($ in thousands except per share data) ($ in thousand...
Sotherly Hotels Inc. Announces Quarterly Preferred Dividends
Sotherly Hotels Inc. Announces Quarterly Preferred Dividends WILLIAMSBURG, Va., July 30, 2024 (GLOBE NEWSWIRE) -- (NASDAQ: SOHO) (the “Company”) today announced that its Board of Directors has authorized payment of quarterly cash dividends for the Company’s Series B, Series C, and Series D Preferred Stock. The Board of Directors authorized, and the Company has declared, a quarterly cash dividend of $0.50 per share of beneficial interest of the Company’s 8.0% Series B Cumulative Redeemable Perpetual Preferred Stock. The Series B preferred dividend will be paid on September 16, 2024, to s...
Sotherly Hotels Inc. Schedules Second Quarter 2024 Earnings Release an...
Sotherly Hotels Inc. Schedules Second Quarter 2024 Earnings Release and Conference Call WILLIAMSBURG, Va., July 17, 2024 (GLOBE NEWSWIRE) -- (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 and other interested parties is scheduled for 10:00 a.m. Eastern Time (ET) that same day, at which time management will discuss the Company’s second quarter 2024 results. The information to be discussed on the call will be contained in the Company’...
Sotherly Hotels Inc. Announces Refinancing and Relaunch Plans for Jack...
Sotherly Hotels Inc. Announces Refinancing and Relaunch Plans for Jacksonville, FL Hotel WILLIAMSBURG, Va., July 09, 2024 (GLOBE NEWSWIRE) -- (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 “Hotel”) in Jacksonville, FL. The loan, which carries a floating interest rate based on SOFR plus 3.0%, has an initial principal balance of approximately $26.25 million, with an additional $9.49 million available to fund a product improvement plan at the Hote...
Sotherly Hotels Inc. Receives Notification of Deficiency from Nasdaq R...
Sotherly Hotels Inc. Receives Notification of Deficiency from Nasdaq Related to Delayed Filing of Quarterly Report on Form 10-Q 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 a result of its failure to file its Quarterly Report on Form 10-Q for the quarter ended March 31, 2024 (the "Form 10-Q") in a timely fashion. The Notice advised the Company that it was not in compliance with Nasdaq’s conti...
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