| Hotel & Resort REITs Industry | Real Estate Sector | David R. Folsom CEO | NASDAQ (NMS) Exchange | 83600C509 CUSIP |
| US Country | 9 Employees | 31 Oct 2025 Last Dividend | - Last Split | 12 Apr 2019 IPO Date |
Sotherly Hotels Inc. operates as a self-managed and self-administered real estate investment trust (REIT), with a specialized focus on the acquisition, renovation, upbranding, and repositioning of upscale to upper-upscale full-service hotels primarily in the Southern United States. While the company primarily targets the southern market, it also seizes opportunities to acquire hotel properties across the United States on an opportunistic basis. Founded in 2004, Sotherly Hotels Inc. has established its headquarters in Williamsburg, Virginia. Its portfolio elegantly showcases the company's strategic commitment to hospitality excellence, including investments in ten hotel properties which altogether offer 2,786 rooms, alongside interests in two condominium hotels and their associated rental programs.
Sotherly Hotels Inc.'s core business operation involves the strategic acquisition and management of upscale to upper-upscale full-service hotels. The company meticulously selects properties that present significant value-add potential through renovation, rebranding, and repositioning efforts aimed at enhancing guest experiences and operational efficiencies.
In addition to traditional hotel investments, Sotherly also diversifies its portfolio with investments in condominium hotels. These properties offer a distinct blend of residential living with hotel-like amenities, providing a unique value proposition for both guests and investors through their associated rental programs.
The company owns hotels that operate under prestigious brands such as Hilton Worldwide and Hyatt Hotels Corporation. By aligning with these renowned hospitality entities, Sotherly Hotels Inc. is able to leverage the strong brand recognition and operational standards of these partners to attract a wide base of guests and ensure high-quality service delivery.
In addition to its branded inventory, Sotherly Hotels Inc. also includes independent hotels in its operational fold. These hotels offer unique, localized experiences that appeal to guests seeking authenticity and personalized service, thereby catering to a niche market segment within the hospitality industry.