REIT that owns and manages upper-upscale and mid-scale hotels primarily in the Southern United States.
Sotherly Hotels Inc. operates as a self-managed and self-administered Real Estate Investment Trust (REIT) specializing in the acquisition, renovation, upbranding, and repositioning of upscale to upper-upscale full-service hotels across the Southern United States. The company's current portfolio includes twelve hotel properties totaling 3,156 rooms, alongside interests in two condominium hotels with associated rental programs.
Within its portfolio, Sotherly Hotels Inc. holds investments in hotels operating under prestigious brands such as Hilton Worldwide, Hyatt Hotels Corporation, and Marriott International, Inc. Additionally, the company manages independent hotels, showcasing its flexibility and expertise in diverse hospitality segments.
Established in 2004 and headquartered in Williamsburg, Virginia, Sotherly Hotels Inc. has built a reputation for strategic property management and value enhancement. By leveraging its deep industry knowledge and market insights, the company focuses on optimizing operational efficiencies and maximizing returns for its shareholders.
With a commitment to quality and guest satisfaction, Sotherly Hotels Inc. continues to expand its footprint in the hospitality sector, targeting markets that offer growth opportunities while maintaining a disciplined approach to portfolio management. The company's dedication to maintaining high standards across its properties underscores its mission to deliver exceptional lodging experiences and drive long-term value creation.