Sotherly Hotels Q2 revenue falls

Sotherly Hotels

12/08/2025 11:40

Overview

Sotherly Hotels Q2 revenue falls 3.7% yr/yr, missing analyst expectations, per LSEG data

Co plans sale of parking garage to enhance liquidity

Outlook

Company revises 2025 revenue guidance to $185.2 mln to $188.2 mln

Sotherly expects 2025 net loss between $1.2 mln and $0.6 mln

Sotherly sees 2025 FFO per share between $0.29 and $0.32

Result Drivers

MACROECONOMIC IMPACT - CEO Dave Folsom cites interest rates and tariffs as factors reducing hotel demand

OCCUPANCY DECLINE - RevPAR decrease driven by a 3.5% drop in occupancy to 70.8%

STABLE SEGMENTS - Business transient demand and group booking pace remain resilient despite overall demand decline

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Miss
$48.79 mln
$51.80 mln (1 Analyst)
Q2 EPS
-$0.02
Q2 Net Income
$1.56 mln
Q2 Adjusted FFO
$4.76 mln
Q2 FFO
$4.32 mln
Q2 EBITDA
$12.02 mln


Analyst Coverage

The one available analyst rating on the shares is "hold"

The average consensus recommendation for the specialized reits peer group is "hold"

Wall Street's median 12-month price target for Sotherly Hotels Inc is $1.00, about 21% above its August 11 closing price of $0.79

Press Release: ID:nGNXc87ZDQ

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)