---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-011603"
form_type: "8-K"
ticker: "SOHOO"
cik: "0001301236"
company_name: "Sotherly Hotels Inc."
filed_at: "2023-04-03T23:59:59+00:00"
generated_at: "2026-06-17T06:49:40.220122+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Sotherly Hotels Q1 2023 same-store RevPAR up 21.4% YoY, occupancy up 11.4%

## Summary
- Q1 2023 occupancy 60.5% (+11.4% YoY); ADR $189.08 (+9.2%); RevPAR $113.28 (+21.4%).
- January RevPAR surged 40.0% YoY to $84.48; February RevPAR +33.9% to $120.09.
- March RevPAR $135.93 (+5.0% YoY), occupancy 69.4% (-0.7% vs 2022).
- CEO cites sustained leisure demand and improved group/business travel, especially urban hotels.
- Preliminary results exclude Hyde Resort, Sheraton Louisville, and DoubleTree Raleigh.

## SEC filing metadata
- accession: 0000950170-23-011603
- form_type: 8-K
- ticker: SOHOO
- cik: 0001301236
- company_name: Sotherly Hotels Inc.
- filed_at: 2023-04-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1301236/000095017023011603/0000950170-23-011603-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1301236/000095017023011603/soho-20230403.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-011603
- JSON: https://secwatch.observer/filing/0000950170-23-011603.json
- Plain text: https://secwatch.observer/filing/0000950170-23-011603.txt

## Key facts
- Earnings Releases
  Sotherly Hotels Inc. reported preliminary financial results for first quarter ended March 31, 2023.
  - Period: first quarter ended March 31, 2023
  - Result: preliminary results
  source text: On April 3, 2023, Sotherly Hotels Inc., a Maryland corporation (the “Company”) and the sole general partner of Sotherly Hotels LP, a Delaware limited partnership, issued a press release (the “Press Release”) announcing preliminary operating results of its portfolio of wholly-owned hotels for the quarter ended March 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1301236/000095017023011603/0000950170-23-011603-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.