Financial Results Announcement and Conference Call
Sotherly Hotels Inc. is gearing up to share its financial performance for the third quarter of 2024. Prior to the market opening on November 12, 2024, the Company is scheduled to release its earnings report. Investors and stakeholders will have the opportunity to delve into the details of the financial outcomes during a dedicated conference call set for the same day at 10:00 a.m. Eastern Time.
Accessing the Conference Call
The upcoming conference call will be easily accessible for those interested in learning more about Sotherly's financial results and future outlook. Participants can listen in by calling 833-470-1428 from the United States and using access code 033574. For those preferring an online experience, the call can also be accessed through the Investor Relations section of the Company's website, ensuring that everyone has a chance to obtain the latest news and updates.
Rebroadcast Information
For individuals who cannot attend the live call, Sotherly Hotels Inc. plans to provide a taped rebroadcast approximately one hour after the conclusion of the live event. This will be available until November 19, 2024, giving interested individuals a chance to catch up on the key discussions. To access the rebroadcast, listeners can dial 866-813-9403 and enter access code 629306 to hear essential information regarding the Company's financial standing.
About Sotherly Hotels Inc.
Established in 2004, Sotherly Hotels Inc. stands out as a self-managed and self-administered lodging real estate investment trust (REIT). The Company has a strong focus on acquiring, renovating, upbranding, and repositioning upscale to upper-upscale full-service hotels, particularly in the Southern United States. Currently, Sotherly Hotels boasts a diverse portfolio that includes ten hotel properties, totaling 2,786 rooms, and extends its reach to interests in condominium hotels and rental programs. The properties within their collection feature well-known brands such as Hilton Worldwide and Hyatt Hotels Corporation, alongside independent hotel establishments.
Company Portfolio and Strategy
Sotherly Hotels Inc.'s strategic approach allows for opportunistic acquisitions beyond the Southern United States, enhancing their investment portfolio. The Company continues to thrive and evolve within a competitive market, showcasing a commitment to excellence in the hospitality sector. As they prepare to share their third quarter results, the focus will remain on sustainable growth and expanding their footprint in various markets.
Frequently Asked Questions
1. When will Sotherly Hotels Inc. release its third quarter earnings?
The Company is set to report its third quarter earnings on November 12, 2024, prior to the market opening.
2. How can I participate in Sotherly's earnings call?
You can join the earnings call by calling 833-470-1428 and entering access code 033574 or participating through the investor relations section on the Company's website.
3. Will there be a rebroadcast of the conference call?
Yes, a rebroadcast will be available approximately one hour after the live call, continuing until November 19, 2024.
4. What is the main focus of Sotherly Hotels Inc.?
Sotherly Hotels Inc. primarily focuses on the acquisition and management of upscale to upper-upscale hotels, emphasizing renovation and repositioning.
5. How many properties does Sotherly Hotels currently manage?
The Company currently manages a portfolio of ten hotel properties, totaling 2,786 rooms, alongside interests in condominium hotels.
