Sotherly Hotels Inc (NASDAQ: SOHOO) is a hospitality real estate investment trust that owns and operates a portfolio of full-service hotels across the United States. The company generates revenue through hotel operations, with income streams spanning rooms, food and beverage, and other operating departments across its properties. Its portfolio includes branded properties operating under franchises from Hilton and Hyatt, among others, with named assets including The DeSoto, DoubleTree by Hilton Jacksonville Riverfront, DoubleTree Resort by Hilton Hollywood Beach, Hotel Alba Tampa (Tapestry Collection by Hilton), Hotel Ballast Wilmington (Tapestry Collection by Hilton), Hyatt Centric Arlington, The Georgian Terrace, DoubleTree by Hilton Philadelphia Airport, DoubleTree by Hilton Laurel, and The Whitehall. As of December 31, 2025, the company carried total mortgage principal of approximately $317.3 million across its properties. Day-to-day hotel management was transitioned to Schulte, a third-party hotel operator. The company paid no common stock dividends in FY2025 or FY2024 and carries a debt-heavy capital structure funded primarily by property-level mortgage loans.

Revenue model

Transactional hotel revenue from rooms, food and beverage, and ancillary operating departments across owned full-service hotel properties. Properties are leased to taxable REIT subsidiaries (TRS Lessees) that hold franchise licenses and contract third-party managers.

Products and services

Full-service hotel accommodations, food and beverage operations, and ancillary hotel services across branded properties including DoubleTree by Hilton, Tapestry Collection by Hilton, and Hyatt Centric flagged assets. Preferred stock series (Series B, C, and D cumulative redeemable perpetual preferred) are outstanding capital instruments as of December 31, 2025.

Customers and end markets

Hotel guests across leisure and business travel segments served at full-service urban and resort properties. No individual customer concentration disclosed in the filing excerpts.

Value-chain role

Property owner and REIT. TRS Lessees hold franchise licenses; day-to-day operations are managed by third-party operator Schulte. The company sits between franchise brands and hotel operators as the asset owner and capital allocator.

Geographic exposure

United States. Named properties located in Savannah (Georgia), Jacksonville (Florida), Hollywood Beach (Florida), Tampa (Florida), Wilmington (North Carolina), Arlington (Virginia), Philadelphia (Pennsylvania), Laurel (Maryland), Houston (Texas), and Atlanta (Georgia), based on property names disclosed in the FY2025 10-K filed April 15, 2026.

Source: SEC 10-K, filed 2026-04-15

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