Bulletin
Investor Alert

New York Markets Open in:

press release

Nov. 5, 2019, 4:31 p.m. EST

Sotherly Hotels Inc. Announces Date Change for Third Quarter 2019 Earnings Release and Conference Call

WILLIAMSBURG, Va., Nov 05, 2019 (GLOBE NEWSWIRE via COMTEX) -- WILLIAMSBURG, Va., Nov. 05, 2019 (GLOBE NEWSWIRE) -- Sotherly Hotels Inc. /zigman2/quotes/205451752/composite SOHO 0.00% (the "Company") announced that the Company is postponing its earnings release and conference call date for the third quarter 2019 in order to complete the purchase price and fair value analysis related to its acquisition of the commercial unit within the Hyde Beach House Resort & Residences, which it acquired on September 26, 2019. The Company will report financial results for the third quarter 2019 prior to the market opening on Tuesday, November 12, 2019. A conference call for investors and other interested parties is scheduled for 10:00 a.m. Eastern Time (ET) that same day, at which time management will discuss the Company's third quarter 2019 results. The information to be discussed on the call will be contained in the Company's earnings release, which will be available via the Company's website at www.sotherlyhotels.com in the Investors section under Financial Information .

The conference call will be accessible by telephone and through the Internet. Interested individuals are invited to listen to the call by telephone at 888-339-0107 (United States), 855-669-9657 (Canada) or +1 412-902-4188 (International). To participate on the webcast, log on to www.sotherlyhotels.com at least 15 minutes before the call to download the necessary software. For those unable to listen to the call live, a taped rebroadcast will be available approximately one hour after completion of the live call through November 7, 2020. To access the rebroadcast, dial 877-344-7529 and enter conference number 10135555. A replay of the call will also be available on the Internet at www.sotherlyhotels.com through November 7, 2020.

About Sotherly Hotels Inc.

Sotherly Hotels Inc. is a self-managed and self-administered lodging REIT focused on the acquisition, renovation, upbranding and repositioning of upscale to upper-upscale full-service hotels in the Southern United States. Currently, the Company's portfolio consists of investments in twelve hotel properties, comprising 3,156 rooms, as well as interests in the Hyde Resort & Residences and the Hyde Beach House Resort & Residences. The Company owns hotels that operate under the Hilton Worldwide, Marriott International, Inc., and Hyatt Hotels Corporation brands, as well as independent hotels. Sotherly Hotels Inc. was organized in 2004 and is headquartered in Williamsburg, Virginia. For more information, please visit www.sotherlyhotels.com .

Contact at the Company:

Scott Kucinski
Sotherly Hotels Inc.
410 West Francis Street
Williamsburg, Virginia 23185
(757) 229-5648

(C) Copyright 2019 GlobeNewswire, Inc. All rights reserved.

/zigman2/quotes/205451752/composite
US : U.S.: Nasdaq
$ 6.68
0.00 0.00%
Volume: 47,731
Dec. 9, 2019 3:59p
P/E Ratio
N/A
Dividend Yield
7.78%
Market Cap
$95.52 million
Rev. per Employee
$13.71M
loading...

Link to MarketWatch's Slice.