Detail akcie Sotherly 8% CRPP-B online

Business Summary: Sotherly Hotels Inc. is a self-managed and self-administered lodging real estate investment trust. The Company is focused on the acquisition, renovation, up branding and repositioning of upscale to upper-upscale full-service hotels in the Southern United States. The Company conducts its business through Sotherly Hotels LP, its operating partnership (the Operating Partnership). Its portfolio consists of ten full-service, primarily upscale and upper-upscale hotels located in seven states with an aggregate of 2,786 hotel rooms, and interests in two condominium hotels and their associated rental programs. Its wholly owned properties include The DeSoto; DoubleTree by Hilton Jacksonville Riverfront; DoubleTree by Hilton Laurel; DoubleTree by Hilton Philadelphia Airport; DoubleTree Resort by Hilton Hollywood Beach; Georgian Terrace; Hotel Alba Tampa, Tapestry Collection by Hilton; Hotel Ballast Wilmington, Tapestry Collection by Hilton; Hyatt Centric Arlington and The Whitehall.
Financial Summary: BRIEF: For the nine months ended 30 September 2024, Sotherly Hotels Inc revenues increased 5% to $137.9M. Net loss applicable to common stockholders increased from $1.4M to $3.6M. Revenues reflect Hotel ownership segment increase of 56% to $137.9M, Occupancy - %Hyde Beach house Resort and increase of 42% to 65.5%, Average Daily Room Rate -Crowne Plaza increase of 2% to $211.