Sotherly Hotels Inc.

NasdaqGM SOHO

Sotherly Hotels Inc. Gross Profit for the Trailing 12 Months (TTM) ending September 30, 2024: USD 42.09 M

Sotherly Hotels Inc. Gross Profit is USD 42.09 M for the Trailing 12 Months (TTM) ending September 30, 2024, a -33.97% change year over year. Gross profit is the difference between revenue and the cost of revenue, representing the profit earned from core business operations.

Sotherly Hotels Inc. Gross Profit for the Trailing 12 Months (TTM) ending September 30, 2023 was USD 63.75 M, a 49.41% change year over year.
Sotherly Hotels Inc. Gross Profit for the Trailing 12 Months (TTM) ending September 30, 2022 was USD 42.67 M, a 104.46% change year over year.
Sotherly Hotels Inc. Gross Profit for the Trailing 12 Months (TTM) ending September 30, 2021 was USD 20.87 M, a 161.65% change year over year.
Sotherly Hotels Inc. Gross Profit for the Trailing 12 Months (TTM) ending September 30, 2020 was USD 7.98 M, a -83.35% change year over year.

Key data

Date	Gross Profit	Operating Income	EBIT	EBITDA

NasdaqGM: SOHO

Sotherly Hotels Inc.

CEO	Mr. David R. Folsom
IPO Date	Dec. 17, 2004
Location	United States
Headquarters	306 South Henry Street
Employees	9
Sector	Consumer Discretionary
Industries Hotels Hospitality

Description

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 two condominium hotels and their associated rental programs. The Company owns hotels that operate under the Hilton Worldwide, Hyatt Hotels Corporation, and Marriott International, Inc. brands, as well as independent hotels. Sotherly Hotels Inc. was organized in 2004 and is headquartered in Williamsburg, Virginia.

Key trends

Past 5 years