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Sotherly Hotels

Stock Price

$1.3

2024-10-29

Market Capitalization

$51.1 M

2024-10-29

Revenue

$173.8 M

FY, 2023

Sotherly Hotels Summary

Company Summary

Overview
At Sotherly Hotels, we are dedicated to understanding and serving our guests better than anyone else because we believe guests are the heart of every hotel. That’s why we’ve made delivering true Southern Hospitality our central mission. Because to us, Southern Hospitality isn’t a regional curiosity; it’s an authentic experience that helps our guests see, feel, taste, and enjoy everything the local culture has to offer, both during their stay and after they leave.Our generations of hospitality experience have taught us that guests want their hotel to feel like a natural extension of the city they’re visiting – they want it to blend seamlessly into its surroundings like a front porch into a Southern summer night.We’ve designed our hotels with our guests in mind, weaving our trademark Southern charm into every corner of the guest experience to make sure that guests feel so connected to the local area and so refreshed by its culture that they’ll soon forget where the city ends and the hotel walls begin.At the end of the day, our guests are like our family – and we treat them as such.  Our ultimate goal is to turn moments into lasting memories that will keep guests coming back time and time again, and it’s our belief that happy guests lead to happy shareholders.
Type
Public
Status
Active
Founded
1958
HQ
Williamsburg, VA, US | view all locations
Website
http://sotherlyhotels.com/
Cybersecurity rating
Sectors

Key People

  • Andrew Sims

    Andrew Sims, Chairman

    • Scott Kucinski

      Scott Kucinski, Executive Vice President and Chief Operating Officer

      • David Folsom

        David Folsom, President and CEO

        • Maria L. Caldwell

          Maria L. Caldwell, Director

          LocationsView all

          2 locations detected

          • Williamsburg, VA HQ

            United States

            306 S Henry St #100

          • Williamsburg, VA

            United States

            410 Francis St W

          Sotherly Hotels Financials

          Summary Financials

          Revenue (Q3, 2024)
          $40.7M
          Gross profit (Q3, 2024)
          $8.1M
          Net income (Q3, 2024)
          ($3.7M)
          Cash (Q3, 2024)
          $14.0M
          EBIT (Q3, 2024)
          $1.8M
          Enterprise value
          $355.1M

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