secwatch.observer — SEC 8-K summary
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Issuer:     Sotherly Hotels Inc. (SOHOO)
CIK:        0001301236
Form:       8-K
Filed at:   2023-01-09T23:59:59+00:00
Accession:  0000950170-23-000477
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sotherly Hotels reports Q4 2022 preliminary RevPAR $101.52, up 19.8% YoY but down 1.9% vs 2019
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- Q4 same-store occupancy 58.0% (+7.3% YoY, -13.4% vs 2019); ADR $176.93 (+11.8% YoY, +13.3% vs 2019).
- October RevPAR $129.16 (+31.6% YoY, +2.6% vs 2019); driven by improved return-to-office and group business travel.
- November impacted by hurricane Nicole and softening South Florida demand; December RevPAR $80.75 (+13.7% YoY, +1.3% vs 2019).
- CEO cites continued recovery; room rates outperformed prior period across all business segments.
- Preliminary data covers 10 wholly-owned properties; excludes Hyde Resort, Hyde Beach House, Sheraton Louisville, and DoubleTree Raleigh.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1301236/000095017023000477/0000950170-23-000477-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1301236/000095017023000477/soho-20230106.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-000477

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer