Sotherly Hotels Inc is a Maryland-based real estate investment trust (REIT) specializing in the ownership and operation of hotel properties across the United States. The company’s primary business activities include acquiring, financing and managing a diversified portfolio of upper-upscale, lifestyle and select-service hotels. Through long-term ownership strategies, Sotherly Hotels seeks to generate stable rental income and capital appreciation by partnering with established hotel operators and brands.
Sotherly Hotels’ revenue streams are derived chiefly from guest room rentals, food and beverage services, event and meeting space rentals, and ancillary amenities. The company focuses on markets where it can leverage operational expertise and local demand drivers, including leisure, corporate travel and group events. By targeting properties in secondary and tertiary markets, Sotherly Hotels aims to capitalize on attractive entry valuations and favorable supply-and-demand fundamentals.
The REIT’s portfolio includes properties in the Mid-Atlantic and Southeastern regions, with hotels located in states such as Maryland, South Carolina, Georgia and New York. Each asset is selected for its competitive positioning, strong branding affiliation and potential for value enhancement through renovation, repositioning or improved management oversight. Sotherly Hotels works closely with hotel operators to implement targeted capital expenditure programs and service enhancements that drive occupancy and average daily rate growth.
Founded in 2015 and headquartered in Towson, Maryland, Sotherly Hotels is led by a management team with extensive experience in hospitality real estate and capital markets. The board of directors comprises industry veterans and investors who provide strategic oversight and governance. By maintaining a disciplined acquisition approach and a focus on long-term cash flow generation, Sotherly Hotels aims to deliver consistent distributions to its shareholders while preserving the quality and performance of its hotel portfolio.
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