Sotherly Hotels Inc - Company Profile
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Sotherly Hotels Inc (Sotherly), formerly MHI Hospitality Corp, is a self-managed and self-administered lodging real estate investment trust (REIT). It renovates, acquires, owns, and manages a collection of upper-upscale and upscale hotel properties in the Mid-Atlantic and Southern US. The company’s property portfolio includes The DeSoto, Georgian Terrace, Hotel Alba Tampa, Hotel Ballast Wilmington, Hyatt Centric Arlington, Hilton Jacksonville Riverfront and The Whitehall. It also operates condominium units of Hyde Beach House Resort and Residences and Hyde Resort & Residences hotels. Sotherly mainly operates hotel under the brand names such as Doubletree by Hilton, Hyatt, and Hilton. The company has operations in Georgia, Florida, Maryland, Indiana, North Carolina, Texas, Pennsylvania and Virginia. Sotherly is headquartered in Williamsburg, Virginia, the US.
Headquarters
United States of America
Address
306 South Henry Street, 410 W. Francis Street, Williamsburg, Virginia, 23185
Website
sotherlyhotels.com
Telephone
1 757 2295648
No of Employees
9
Industry
Construction
Ticker Symbol & Exchange
SOHO (NASD)
Revenue (2022)
$173.8M
4.7%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-87.9%
(2022 vs 2021)
Market Cap*
$25.6M
Net Profit Margin (2022)
XYZ
-88.4%
(2022 vs 2021)
* As of and is in US$
Sotherly Hotels Inc premium industry data and analytics
Products and Services
| Services | Brands |
|---|---|
| Accommodation | Hilton |
| Restaurant Services | Doubletree by Hilton |
| Retail Spaces | Hyatt |
| XYZ | |
| XYZ | |
| XYZ |
Competitor Comparison
| Key Parameters | Sotherly Hotels Inc | Host Hotels & Resorts Inc | RLJ Lodging Trust | American Assets Trust Inc | Hersha Hospitality Trust |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Williamsburg | Bethesda | Bethesda | San Diego | Harrisburg |
| State/Province | Virginia | Maryland | Maryland | California | Pennsylvania |
| No. of Employees | 9 | 163 | 79 | 228 | 27 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Andrew M. Sims | Chairman | Executive Board | 2004 | 67 |
| David R. Folsom | Chief Executive Officer; Director; President | Executive Board | 2020 | 59 |
| Anthony E. Domalski | Secretary; Chief Financial Officer; Vice President | Senior Management | 2013 | 62 |
| Scott M. Kucinski | Executive Vice President; Chief Operating Officer | Senior Management | 2020 | 42 |
| Robert E. Kirkland IV | General Counsel | Senior Management | 2020 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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