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Sotherly Hotels Inc (SOHO.OQ)

SOHO.OQ on NASDAQ Stock Exchange Global Market

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Latest Key Developments (Source: Significant Developments)

SOTHERLY HOTELS ENTERS INTO FRANCHISE AGREEMENT WITH HILTON TO REBRAND ITS WILMINGTON HOTEL ​
Thursday, 16 Nov 2017 

Nov 16 (Reuters) - Sotherly Hotels Inc ::SOTHERLY HOTELS - ‍ ENTERED INTO A 10-YEAR FRANCHISE AGREEMENT WITH HILTON TO REBRAND ITS WILMINGTON, NORTH CAROLINA HOTEL AS HOTEL BALLAST WILMINGTON​.SOTHERLY HOTELS - CONVERSION OF WILMINGTON HOTEL TO TAKE PLACE ON OR BEFORE MARCH 31, 2018, SUBJECT TO CERTAIN PRODUCT IMPROVEMENT REQUIREMENTS​.  Full Article

Sotherly Hotels reports qtrly ‍FFO per share and unit $0.17​
Tuesday, 7 Nov 2017 

Nov 7 (Reuters) - Sotherly Hotels Inc ::Sotherly Hotels Inc. reports financial results for the third quarter ended September 30, 2017.Qtrly ‍FFO per share and unit $0.17.Qtrly ‍adjusted FFO available to common holders per share and unit $0.11.Qtrly room revenue per available room ("REVPAR") increased 1.4% over three months ended September 30, 2016, to $97.56 ​​.Sees 2017 total revenue of $152.3 million to $153.0 million .Sees FY 2017 ‍FFO per share and unit in range of $0.89 - $0.92​.Sees ‍ 2017 adjusted FFO available to common holders per share and unit of $0.90 - $0.94​.Sees 2017 revenue par in a range of $100.94 to $102.27‍​.  Full Article

Sotherly Hotels launches offering of series B cumulative redeemable perpetual preferred stock
Monday, 15 Aug 2016 

Sotherly Hotels : Sotherly Hotels Inc. Announces launch of offering of series b cumulative redeemable perpetual preferred stock .Expects to grant to underwriters a 30-day option to purchase up to an additional 15% of series b preferred stock to cover over-allotments.  Full Article

Sotherly Hotels Q2 FFO per share $0.35
Tuesday, 9 Aug 2016 

Sotherly Hotels Inc : Sotherly Hotels Inc. Reports financial results for the second quarter ended June 30, 2016 . Qtrly FFO per share $0.35 . Qtrly adjusted FFO per share $0.39 . Sees Fy 2016 Ffo Shr $1.15-$1.24 .Sees Fy 2016 Adj Ffo Shr $1.15- $1.23.  Full Article

Sotherly Hotels sets qtrly cash dividend of $0.095 per share
Tuesday, 26 Jul 2016 

Sotherly Hotels Inc :Sets quarterly cash dividend of $0.095 per share.  Full Article

Sotherly Hotels says Q1 FFO $0.25
Tuesday, 10 May 2016 

Sotherly Hotels Inc : Sotherly Hotels Inc says company is reiterating its guidance for 2016 . Sotherly Hotels Inc qtrly total revenue $37.8 million versus $31 million last year; Q1 FFO $0.25; Q1 AFFO $0.23 .Sotherly Hotels Inc Reports financial results for the first quarter ended March 31, 2016.  Full Article

Sotherly Hotels Inc announces increase to quarterly dividend
Thursday, 28 Apr 2016 

Sotherly Hotels Inc:Board of Directors has declared a quarterly cash dividend of $0.09 per common share of beneficial interest.Quarterly dividend will be paid on July 11, 2016 to shareholders of record as of June 15, 2016.  Full Article

Sotherly Hotels Inc gives FY 2016 guidance
Tuesday, 23 Feb 2016 

Sotherly Hotels Inc:SEES FY 2016 FFO PER SHARE AND UNIT $1.20 TO $1.26.SEES FY 2016 TOTAL REVENUE $151.6 MLN TO $154.3 MLN.SEES FY 2016 Net income $5,017 mln - $6,054 mln.SEES FY 2016 EBITDA $39,135 mln - $40,472 mln.SEES FY 2016 Adjusted EBITDA $39,135 mln - $40,472 mln.SEES Fy 2016 REV PAR $102.00 TO $104.00.SEES Fy 2016 ADJUSTED FFO PER SHARE AND UNIT $1.21 - $1.29.SEES Fy 2016 Net income per share attributable to the Company $ 0.30 $ 0.36.  Full Article

Sotherly Hotels Inc announces increase to quarterly dividend
Tuesday, 26 Jan 2016 

Sotherly Hotels Inc:Declared a quarterly cash dividend of $0.085 per common share of beneficial interest.Quarterly dividend will be paid on April 11, 2016 to shareholders of record as of March 15, 2016.  Full Article

BRIEF-SOTHERLY HOTELS ENTERS INTO FRANCHISE AGREEMENT WITH HILTON TO REBRAND ITS WILMINGTON HOTEL ​

* SOTHERLY HOTELS - ‍ ENTERED INTO A 10-YEAR FRANCHISE AGREEMENT WITH HILTON TO REBRAND ITS WILMINGTON, NORTH CAROLINA HOTEL AS HOTEL BALLAST WILMINGTON​