Sotherly Hotels, Inc. is a real estate investment trust (REIT) that acquires, owns and operates upper-upscale and upscale hotels under long-term, triple-net lease agreements. The company focuses on branded lodging properties in leisure-oriented and coastal markets, partnering with leading hotel operators to deliver consistent guest experiences and stable income streams. Its portfolio is geographically concentrated in the Southeastern United States, where tourism and travel demand support sustainable occupancy levels and growth potential.
Originally formed as a private REIT in 2012, Sotherly Hotels transitioned to a publicly traded company in December 2017, listing its shares on the NASDAQ under the ticker SOHOO. Since its public debut, the company has pursued a disciplined acquisition strategy, targeting well-located assets affiliated with top hospitality brands such as Marriott, Hilton and Hyatt. By focusing on properties with established revenue histories, Sotherly seeks to balance capital preservation with opportunities for income growth through portfolio optimization.
The company’s holdings span key markets including Virginia Beach, Charleston and Savannah, where leisure travelers drive demand for quality accommodations. Through its lease structure, Sotherly Hotels transfers operational responsibilities to experienced third-party managers while retaining the benefits of real estate ownership and brand affiliation. This approach enables the REIT to concentrate on capital allocation, asset management and strategic growth initiatives across its portfolio.
Sotherly Hotels is externally managed by Sotherly Hotels, LLC, an affiliate that provides advisory, accounting and administrative services. The management team comprises industry professionals with backgrounds in hotel asset management, development and finance, supported by a board of directors with deep sector expertise. Together, they oversee acquisition sourcing, capital markets activities and day-to-day corporate governance on behalf of shareholders.
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