WILLIAMSBURG, Va., April 27, 2015 (GLOBE NEWSWIRE) -- SoTHERLY Hotels Inc. (Nasdaq: SOHO ) (the "Company") today announced that its Board of Directors has declared a quarterly cash dividend of $0.075 per common share of beneficial interest. The quarterly dividend will be paid on July 10, 2015 to shareholders of record as of June 15, 2015.
About S o THERLY Hotels Inc.
SoTHERLY Hotels Inc. is a self-managed and self-administered lodging REIT focused on the acquisition, renovation, upbranding and repositioning of upscale and upper upscale full-service hotels in the Southern United States. Currently, the Company's portfolio consists of investments in twelve hotel properties, eleven of which are wholly-owned and comprise 2,698 rooms. The Company also has a 25.0 percent interest in the Crowne Plaza Hollywood Beach Resort. Most of the Company's properties operate under the Hilton Worldwide, InterContinental Hotels Group and Starwood Hotels and Resorts brands. S o THERLY Hotels Inc. was organized in 2004 and is headquartered in Williamsburg, Virginia. For more information, please visit www.sotherlyhotels.com .
Scott Kucinski SoTHERLY Hotels Inc. 410 West Francis Street Williamsburg, Virginia 23185 (757) 229-5648