Brief: Sotherly Hotels Inc Reports Q1 Financial Results

Sotherly Hotels

11/05/2023 13:17

May 11 (Reuters) - Sotherly Hotels Inc  SOHO.O :
    * SOTHERLY HOTELS INC. REPORTS FINANCIAL RESULTS FOR THE
FIRST
QUARTER ENDED MARCH 31, 2023
    * SOTHERLY HOTELS INC Q1 REVENUE $43.5 MILLION
    * SOTHERLY HOTELS INC - SEES Q2 TOTAL REVENUE $48.9 MILLION
-
$51.3 MILLION
    * SOTHERLY HOTELS INC - SEES Q2 EARNINGS PER SHARE $0.15 -
$0.19
    * SOTHERLY HOTELS INC - QTRLY LOSS PER SHARE $0.03
    * SOTHERLY HOTELS INC - QTRLY REVPAR INCREASED TO $119.06
FROM
$100.89 IN COMPARABLE PERIOD IN 2022
    * SOTHERLY HOTELS INC - SEES Q2 REVPAR $132.63 - $139.23

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