Financial Data and Key Metrics Changes - In Q4 2023, total revenue was approximately $42.1 million, a 1.9% increase year-over-year, while year-to-date total revenue reached approximately $173.8 million, representing a 4.7% increase over 2022 [13] - Hotel EBITDA for Q4 was $10.3 million, a decrease of 13.4% compared to the same quarter in 2022, while year-to-date Hotel EBITDA was about $44.8 million, reflecting a decrease of 3.6% over the full year 2022 [13] - Adjusted FFO for the quarter was approximately $2.8 million, down about $5.2 million from the same quarter last year [13] - The company projected total revenue for 2024 in the range of $179 million to $182.6 million, indicating a 4% increase over 2023 [15] Business Line Data and Key Metrics Changes - RevPAR for the same store portfolio increased by 3% in Q4 2023, driven by a 4.1% increase in occupancy and a 1.2% decrease in ADR [3] - For the full year, RevPAR increased by 7%, supported by a 3.8% increase in occupancy and a 3.2% increase in rate [3] - The Hyatt Centric Arlington outperformed pre-pandemic levels by 33% in group business, with a RevPAR growth of 6.7% compared to the previous year [10] Market Data and Key Metrics Changes - The company noted that urban markets, particularly Philadelphia, Atlanta, and Houston, are expected to drive growth in both transient and group business travel [17] - Group revenue for 2023 was 12% above 2022, although still 10% below 2019 levels, indicating significant growth potential [17] Company Strategy and Development Direction - The company is focusing on increasing group bookings and has shifted strategies to enhance group business, particularly in light of the recent settlement of film industry strikes [4][36] - Management emphasized the importance of maintaining competitive service levels and investing in hotel amenities to support strong rate growth [11] Management's Comments on Operating Environment and Future Outlook - Management expressed cautious optimism regarding the long-term growth prospects, anticipating that urban hotels will outperform the total lodging market [19] - The company expects Q1 2024 group revenue to be 20% ahead of the previous year, with full-year booking pace 14% ahead [19] - Management acknowledged ongoing economic uncertainties but noted that the threat of a major recession appears to be diminishing [19] Other Important Information - The company successfully refinanced the mortgage loan for its Tampa hotel, resulting in cash proceeds of over $10 million [18] - As of December 31, the company had total cash of approximately $26.2 million, with $17.1 million in unrestricted cash [14] Q&A Session Summary Question: What strategies are in place to drive more group business to hotels? - Management highlighted a robust group sales effort at both individual properties and corporate levels, focusing on group bookings rather than individual business travel [21][22] Question: What is the estimated free cash flow for 2024? - Management estimated free cash flow to be around $5 million to $6 million, excluding nonrecurring capital expenditures [26][51] Question: What are the plans regarding deferred preferred stock dividends? - Management stated that repayment of deferred preferred dividends is a goal, but it is contingent on the movement of debt markets and interest rates [56][64]

[Financial Results and Corporate Overview](index=1&type=section&id=SOTHERLY%20HOTELS%20INC.%20REPORTS%20FINANCIAL%20RESULTS%20FOR%20THE%20FOURTH%20QUARTER%20ENDED%20DECEMBER%2031%2C%202023) This section details Sotherly Hotels' Q4 and full-year 2023 financial results, operational performance, and 2024 outlook [Financial Highlights](index=1&type=section&id=Financial%20Highlights) Q4 2023 revenue increased, but net loss occurred due to the absence of prior-year one-time gains Q4 & Full-Year 2023 Financial Summary (in thousands, except per share data) | | Three Months Ended Dec 31, | | Year Ended Dec 31, | | | :--- | :--- | :--- | :--- | :--- | | | **2023** | **2022** | **2023** | **2022** | | **Total revenue** | $42,148 | $41,342 | $173,838 | $166,077 | | **Net (loss) income attributable to common stockholders** | $(2,683) | $3,092 | $(4,036) | $24,967 | | **Hotel EBITDA** | $10,300 | $11,893 | $44,788 | $46,463 | | **Adjusted FFO** | $2,803 | $7,991 | $14,542 | $17,820 | | **Net (loss) income per common share - diluted** | $(0.14) | $0.17 | $(0.22) | $1.40 | | **Adjusted FFO per common share and unit** | $0.14 | $0.41 | $0.75 | $0.95 | - The significant decrease in full-year net income for 2023 compared to 2022 is largely attributed to a **$30.1 million gain** on the sale of the DoubleTree by Hilton Raleigh Brownstone–University and a **$4.7 million PPP loan forgiveness** that occurred in 2022[5](index=5&type=chunk) [Operational Performance and CEO Commentary](index=1&type=section&id=Operational%20Performance%20and%20CEO%20Commentary) Q4 2023 RevPAR rose from higher occupancy despite ADR decline, with CEO anticipating easing cost pressures in 2024 Composite Portfolio Key Metrics Change (YoY) | Metric | Q4 2023 | Q4 2022 | % Change | FY 2023 | FY 2022 | % Change | | :--- | :--- | :--- | :--- | :--- | :--- | :--- | | **RevPAR** | $106.25 | $101.73 | +4.4% | $114.96 | $108.87 | +5.6% | | **Occupancy** | 60.0% | 56.5% | +3.5 p.p. | 62.8% | 60.0% | +2.8 p.p. | | **ADR** | $177.07 | $180.05 | -1.7% | $182.97 | $181.34 | +0.9% | - CEO Dave Folsom highlighted that **RevPAR gains** were driven by continued growth in room demand across transient, business, and group segments. He also noted that pressure from **labor and operating costs** impacted hotel margins, but expects these challenges to lessen in 2024[6](index=6&type=chunk) [Balance Sheet, Liquidity, and Other Events](index=3&type=section&id=Balance%20Sheet%2C%20Liquidity%2C%20and%20Other%20Events) Sotherly maintained strong cash, managed debt maturities, secured new financing, and declared preferred stock dividends - As of December 31, 2023, the Company had approximately **$26.2 million** of available cash and cash equivalents and principal balances of approximately **$318.9 million** in outstanding debt at a weighted average interest rate of **5.42%**[7](index=7&type=chunk) - The maturity date on the mortgage for the DoubleTree by Hilton Philadelphia Airport hotel was extended to **April 29, 2024**, with a non-binding term sheet in place for a further **two-year extension**[8](index=8&type=chunk) - On February 7, 2024, the company secured a new **$35.0 million** mortgage loan on the Hotel Alba Tampa, with a **5-year term** and a fixed interest rate of **8.49%**, receiving approximately **$10.25 million** in net proceeds[9](index=9&type=chunk) - Quarterly cash dividends were announced for Series B (**$0.50/share**), Series C (**$0.492188/share**), and Series D (**$0.515625/share**) preferred stock, payable on March 15, 2024[10](index=10&type=chunk) [2024 Outlook](index=3&type=section&id=2024%20Outlook) Sotherly Hotels projects 2024 revenues of $179.0M-$182.6M, forecasting a net loss and Adjusted FFO of $12.8M-$13.8M 2024 Full-Year Guidance (in thousands, except per share/RevPAR data) | Metric | Low Range | High Range | | :--- | :--- | :--- | | **Total revenue** | $178,952 | $182,567 | | **Net loss available to common stockholders** | $(6,377) | $(5,382) | | **Hotel EBITDA** | $46,103 | $46,898 | | **Adjusted FFO available to common stockholders** | $12,778 | $13,773 | | **Net loss per share** | $(0.32) | $(0.27) | | **Adjusted FFO per common share and unit** | $0.64 | $0.69 | | **RevPAR** | $117.16 | $119.52 | [Financial Statements and Supplemental Data](index=8&type=section&id=Financial%20Tables) This section presents detailed consolidated financial statements, key operating metrics, and property-specific supplemental data [Consolidated Balance Sheets](index=8&type=section&id=SOTHERLY%20HOTELS%20INC.%20CONSOLIDATED%20BALANCE%20SHEETS) As of December 31, 2023, Sotherly's total assets, liabilities, and equity slightly decreased from year-end 2022 Consolidated Balance Sheet Highlights (in thousands) | | Dec 31, 2023 | Dec 31, 2022 | | :--- | :--- | :--- | | **Total Assets** | $393,877 | $406,569 | | Cash and cash equivalents | $17,102 | $21,919 | | Investment in hotel properties, net | $354,919 | $365,071 | | **Total Liabilities** | $345,978 | $355,048 | | Mortgage loans, net | $315,989 | $320,482 | | **Total Equity** | $47,899 | $51,521 | [Consolidated Statements of Operations](index=9&type=section&id=SOTHERLY%20HOTELS%20INC.%20CONSOLIDATED%20STATEMENTS%20OF%20OPERATIONS) Full-year 2023 revenues increased, but net income significantly declined due to higher expenses and absence of prior gains Statement of Operations Highlights (in thousands) | | Twelve Months Ended Dec 31, 2023 | Twelve Months Ended Dec 31, 2022 | | :--- | :--- | :--- | | **Total revenue** | $173,838 | $166,077 | | Total hotel operating expenses | $129,050 | $119,615 | | Net operating income | $18,925 | $20,555 | | Gain on sale of hotel properties | $0 | $30,054 | | PPP debt forgiveness | $275 | $4,720 | | **Net (loss) income** | $3,810 | $33,960 | [Key Operating Metrics by Portfolio](index=11&type=section&id=SOTHERLY%20HOTELS%20INC.%20KEY%20OPERATING%20METRICS) Full-year 2023 RevPAR increased across all portfolio definitions, with Composite portfolio occupancy rising 2.8 percentage points Full-Year 2023 vs 2022 Key Operating Metrics | Portfolio | Metric | 2023 | 2022 | | :--- | :--- | :--- | :--- | | **Actual Portfolio** | RevPAR | $112.84 | $104.17 | | | Occupancy | 63.5% | 60.8% | | | ADR | $177.74 | $171.34 | | **Same-Store Portfolio** | RevPAR | $112.84 | $105.45 | | | Occupancy | 63.5% | 61.2% | | | ADR | $177.74 | $172.28 | | **Composite Portfolio** | RevPAR | $114.96 | $108.87 | | | Occupancy | 62.8% | 60.0% | | | ADR | $182.97 | $181.34 | - The report distinguishes between **'Actual'** (wholly-owned), **'Same-Store'** (wholly-owned properties present in both periods), **'Composite'** (wholly-owned plus condo-hotel rooms), and **'Same-Store (Composite)'** portfolios to provide varied perspectives on performance[24](index=24&type=chunk) [Supplemental Data by Property](index=12&type=section&id=SOTHERLY%20HOTELS%20INC.%20SUPPLEMENTAL%20DATA) Property-level data shows Hyatt Centric Arlington as a top 2023 RevPAR performer, while some condo-hotels saw ADR declines - For the full year 2023, the **Hyatt Centric Arlington** achieved the **highest RevPAR** among wholly-owned properties at **$154.99**, a significant increase from **$120.33** in 2022[30](index=30&type=chunk) - The **Hotel Alba Tampa** demonstrated **strong occupancy**, with a year-to-date rate of **77.8%** in 2023, the **highest** among the wholly-owned portfolio[28](index=28&type=chunk) - The two **Hyde condo-hotel properties** experienced a **significant drop in ADR** in 2023 compared to 2022, which **negatively impacted their RevPAR** despite some occupancy gains[29](index=29&type=chunk)[30](index=30&type=chunk) [Reconciliation of Non-GAAP Measures](index=16&type=section&id=SOTHERLY%20HOTELS%20INC.%20RECONCILIATION%20OF%20NET%20INCOME%20%28LOSS%29) The company reconciles GAAP net income to non-GAAP measures like FFO, Adjusted FFO, EBITDA, and Hotel EBITDA for 2023 and 2024 Full-Year 2023 Reconciliation Highlights (in thousands) | Metric | Amount | | :--- | :--- | | Net income | $3,810 | | *Reconciled to...* | | | FFO attributable to common stockholders | $13,193 | | Adjusted FFO attributable to common stockholders | $14,542 | | EBITDA | $39,079 | | Hotel EBITDA | $44,788 | - The company defines and explains its use of non-GAAP measures like **FFO**, **Adjusted FFO**, **EBITDA**, and **Hotel EBITDA**, stating they are key supplemental measures of performance used by investors and analysts[38](index=38&type=chunk) - **Adjusted FFO** excludes items such as **unrealized gains/losses on hedging**, **losses on early debt extinguishment**, and **stock-based compensation** to provide a measure more indicative of ongoing business performance[41](index=41&type=chunk)

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . SOTHERLY HOTELS INC. (Exact name of registrant as specified in its charter) MARYLAND 001-32379 20-1531029 (State or Other Jurisdiction of Incorporation or Organ ...

Sotherly Hotels Inc. (NASDAQ:SOHO) Q3 2023 Earnings Conference Call November 9, 2023 10:00 AM ET Company Participants Mack Sims - Vice President-Operations & IR Scott Kucinski - Executive Vice President & Chief Operating Officer Tony Domalski - VP, Secretary & Chief Financial Officer Dave Folsom - President, Chief Executive Officer & Director Conference Call Participants Alexander Goldfarb - Piper Sandler Jeff Hassannia - HD Enterprise Operator Hello, and welcome to Sotherly Hotels Third Quarter 2023 Earnin ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . SOTHERLY HOTELS INC. (Exact name of registrant as specified in its charter) MARYLAND 001-32379 20-1531029 (State or Other Jurisdiction of Incorporation or Organizati ...

Sotherly Hotels, Inc. (NASDAQ:SOHO) Q2 2023 Results Conference Call August 10, 2023 10:00 AM ET Company Participants Mack Sims - VP, Operations & IR Scott Kucinski - EVP & COO Tony Domalski - VP, Secretary & CFO Dave Folsom - President, CEO & Director Conference Call Participants Alexander Goldfarb - Piper Sandler Operator Hello, everyone, and welcome to Sotherly Hotels Second Quarter 2023 Earnings Call and Webcast. My name is Devi, and I will be coordinating your call today. [Operator Instructions] I would ...

[Part I - Financial Information](index=5&type=section&id=PART%20I) [Consolidated Financial Statements](index=5&type=section&id=Item%201.%20Consolidated%20Financial%20Statements) This section presents the unaudited consolidated financial statements for Sotherly Hotels Inc. and Sotherly Hotels LP for the three months ended March 31, 2023, and 2022, including balance sheets, statements of operations, and cash flows, with detailed notes on accounting policies, debt, and equity [Sotherly Hotels Inc. Financial Statements](index=5&type=section&id=Sotherly%20Hotels%20Inc.%20Financial%20Statements) For Q1 2023, Sotherly Hotels Inc. reported total revenues of **$43.5 million**, shifting from a **net loss of $0.8 million** in Q1 2022 to a **net income of $1.4 million**, with total assets at **$407.2 million** and net cash from operations at **$10.0 million** Sotherly Hotels Inc. Consolidated Balance Sheet Summary (As of March 31, 2023) | Metric | Amount (USD) | | :--- | :--- | | Total Assets | $407,218,526 | | Total Liabilities | $354,049,825 | | Total Equity | $53,168,701 | Sotherly Hotels Inc. Consolidated Statement of Operations Summary (Three Months Ended March 31) | Metric | 2023 (USD) | 2022 (USD) | | :--- | :--- | :--- | | Total Revenue | $43,491,277 | $38,352,603 | | Net Operating Income | $5,520,122 | $3,925,204 | | Net Income (Loss) | $1,387,514 | $(810,944) | | Net Loss Attributable to Common Stockholders | $(581,838) | $(2,507,765) | | Basic Net Loss Per Share | $(0.03) | $(0.15) | - Net cash provided by operating activities increased to approximately **$10.0 million** for the three months ended March 31, 2023, up from **$7.5 million** in the same period of 2022[28](index=28&type=chunk) [Notes to Consolidated Financial Statements](index=15&type=section&id=Notes%20to%20Consolidated%20Financial%20Statements) The notes detail the company's portfolio of ten hotels, significant transactions, **$318.6 million** in mortgage debt, and **$23.9 million** in undeclared cumulative preferred dividends as of March 31, 2023, with subsequent events including a mortgage refinancing - As of March 31, 2023, the company's portfolio consisted of **ten hotel properties** with **2,786 rooms**, two hotel commercial condominium units, and their associated rental programs[45](index=45&type=chunk) - As of March 31, 2023, the company had approximately **$318.6 million** of outstanding mortgage debt[99](index=99&type=chunk) - As of March 31, 2023, total undeclared and unpaid cumulative cash dividends on Series B, C, and D preferred stock were approximately **$23.9 million**[126](index=126&type=chunk)[128](index=128&type=chunk) - Subsequent to the quarter end, on May 4, 2023, the company refinanced the mortgage on the DoubleTree by Hilton Laurel hotel with a new **$10.0 million** loan maturing in 2028 at a fixed rate of **7.35%**[171](index=171&type=chunk)[102](index=102&type=chunk) [Management's Discussion and Analysis of Financial Condition and Results of Operations](index=32&type=section&id=Item%202.%20Management's%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations) Management discusses the company's financial performance, highlighting a **13.4% increase in total revenue** for Q1 2023, a shift to **$1.4 million net income**, adequate liquidity with **$32.0 million cash**, and a persistent **$23.9 million preferred dividend arrearage** [Results of Operations](index=35&type=section&id=Results%20of%20Operations) For Q1 2023, total revenue increased by **13.4% to $43.5 million** year-over-year, driven by a recovery in leisure, small group, and corporate travel, leading to a **14.3% growth in room revenue** and improved operational efficiency Key Portfolio Operating Metrics (Composite) | Metric | Q1 2023 | Q1 2022 | Q1 2019 | | :--- | :--- | :--- | :--- | | Occupancy % | 60.4% | 53.9% | 69.9% | | ADR | $197.07 | $187.23 | $174.24 | | RevPAR | $119.06 | $100.89 | $121.86 | - Total revenue for Q1 2023 increased by approximately **$5.1 million**, or **13.4%**, to **$43.5 million** compared to Q1 2022, primarily due to increased demand from leisure, small group, and corporate business travel[186](index=186&type=chunk) - Food and beverage revenues saw a substantial increase of **55.7%** to **$8.7 million** in Q1 2023 from **$5.6 million** in Q1 2022[188](index=188&type=chunk) - Interest expense decreased by **28.0%** to **$4.1 million** in Q1 2023, down from **$5.7 million** in Q1 2022, mainly due to debt reduction following asset sales and the extinguishment of Secured Notes[197](index=197&type=chunk) [Non-GAAP Financial Measures](index=38&type=section&id=Non-GAAP%20Financial%20Measures) The company's key non-GAAP performance metrics showed significant improvement in Q1 2023, with FFO attributable to common stockholders and unitholders more than doubling to **$3.9 million**, and Hotel EBITDA growing to **$12.1 million** FFO and Adjusted FFO Reconciliation (Three Months Ended March 31) | Metric (in millions) | 2023 | 2022 | | :--- | :--- | :--- | | Net income (loss) | $1.4 | $(0.8) | | FFO attributable to common stockholders and unitholders | $3.9 | $1.8 | | Adjusted FFO attributable to common stockholders and unitholders | $4.7 | $1.2 | | FFO per common share and unit | $0.20 | $0.10 | | Adjusted FFO per common share and unit | $0.24 | $0.07 | Hotel EBITDA Reconciliation (Three Months Ended March 31) | Metric (in millions) | 2023 | 2022 | | :--- | :--- | :--- | | Net income (loss) | $1.4 | $(0.8) | | EBITDA | $9.9 | $9.5 | | Hotel EBITDA | $12.1 | $10.0 | [Liquidity and Capital Resources](index=40&type=section&id=Liquidity%20and%20Capital%20Resources) As of March 31, 2023, the company had approximately **$32.0 million** in total cash, with **$7.3 million** in planned capital expenditures for 2023, and is seeking a waiver for non-compliance with a DSCR covenant on a mortgage maturing in October 2023 - As of March 31, 2023, the company had approximately **$23.4 million** of unrestricted cash and **$8.6 million** of restricted cash[208](index=208&type=chunk) - Total capital expenditures for 2023 are expected to be approximately **$7.3 million**[214](index=214&type=chunk) - The company was not in compliance with the Debt Service Coverage Requirement (DSCR) covenant for the mortgage on the DoubleTree by Hilton Philadelphia Airport and anticipates receiving a waiver, with this mortgage maturing in October 2023[219](index=219&type=chunk)[220](index=220&type=chunk)[224](index=224&type=chunk) [Dividend Policy](index=41&type=section&id=Dividend%20Policy) The company resumed quarterly distributions to preferred stockholders in January 2023, but a significant arrearage of approximately **$23.9 million** in cumulative unpaid dividends on outstanding preferred shares remains as of March 31, 2023 - The company resumed quarterly distributions to preferred stockholders in January 2023 after deferring them since March 2020 due to the COVID-19 pandemic[226](index=226&type=chunk)[227](index=227&type=chunk) - As of March 31, 2023, the cumulative unpaid dividends on the company's outstanding preferred shares amounted to approximately **$23.9 million**[228](index=228&type=chunk) [Quantitative and Qualitative Disclosures About Market Risk](index=42&type=section&id=Item%203.%20Quantitative%20and%20Qualitative%20Disclosures%20About%20Market%20Risk) The company's primary market risk is interest rate risk associated with its variable-rate debt, where a one percent increase in the Prime Rate would result in an approximate **$0.1 million** increase in annual interest expense Debt Structure as of March 31, 2023 | Debt Type | Amount (USD) | | :--- | :--- | | Fixed-Rate Debt | ~$307.9 million | | Variable-Rate Debt | ~$14.2 million | - A one percent increase in the Prime Rate would increase annual interest incurred and cash flows by approximately **$0.1 million**, based on the variable-rate debt balance at March 31, 2023[238](index=238&type=chunk) [Controls and Procedures](index=43&type=section&id=Item%204.%20Controls%20and%20Procedures) Management concluded that the company's disclosure controls and procedures were effective as of March 31, 2023, with no material changes to internal control over financial reporting identified during the last fiscal quarter - The CEO and CFO concluded that as of March 31, 2023, the disclosure controls and procedures for both Sotherly Hotels Inc. and Sotherly Hotels LP were effective[240](index=240&type=chunk)[243](index=243&type=chunk) - There were no changes in internal control over financial reporting during the last fiscal quarter that materially affected, or are reasonably likely to materially affect, the company's internal control over financial reporting[242](index=242&type=chunk)[245](index=245&type=chunk) [Part II - Other Information](index=45&type=section&id=PART%20II) [Legal Proceedings](index=45&type=section&id=Item%201.%20Legal%20Proceedings) The company is not involved in any material legal proceedings and expects routine litigation arising from ordinary business to be covered by insurance without material impact - The company is not involved in any material legal proceedings and does not expect routine litigation to have a material impact on its financial condition or results of operations[247](index=247&type=chunk) [Risk Factors](index=45&type=section&id=Item%201A.%20Risk%20Factors) There have been no material changes to the company's risk factors from those disclosed in its Annual Report on Form 10-K for the year ended December 31, 2022 - No material changes in risk factors have occurred since the filing of the 2022 Form 10-K[248](index=248&type=chunk) [Defaults Upon Senior Securities](index=45&type=section&id=Item%203.%20Defaults%20Upon%20Senior%20Securities) The company is in arrears on its preferred stock dividends for nine quarterly periods, totaling approximately **$23.9 million** as of May 12, 2023, which entitles preferred stockholders to elect two additional directors and prohibits common stock dividends - The company's distributions on Series B, C, and D Preferred Stock are in arrears for nine quarterly periods[250](index=250&type=chunk) - Due to the dividend arrears, preferred stockholders are entitled to vote for the election of two additional company directors[250](index=250&type=chunk) - As of May 12, 2023, the total undeclared and unpaid cash dividends were **$8,784,600** for Series B, **$7,950,470** for Series C, and **$7,196,681** for Series D Preferred Stock[251](index=251&type=chunk) [Exhibits](index=46&type=section&id=Item%206.%20Exhibits) This section lists the exhibits filed as part of the Form 10-Q, including amendments to employment agreements and various certifications by the CEO and CFO as required by the Sarbanes-Oxley Act of 2002

Sotherly Hotels, Inc. (NASDAQ:SOHO) Q1 2023 Earnings Conference Call May 11, 2023 10:00 AM ET Company Participants Andrew Sims - VP, Operations & IR Scott Kucinski - EVP & COO Anthony Domalski - VP, Secretary & CFO David Folsom - President, CEO & Director Conference Call Participants Operator Hello, and welcome to the Sotherly Hotels First Quarter 2023 Earnings Call and Webcast. My name is Alex. I'll be coordinating the call today. [Operator Instructions]. I'll now hand over to your host, Mack Sims, Vice Pr ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-K FOR ANNUAL AND TRANSITION REPORTS PURSUANT TO SECTIONS 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to SOTHERLY HOTELS INC. (Exact name of registrant as specif ...

Sotherly Hotels Inc. (NASDAQ:SOHO) Q4 2022 Earnings Conference Call March 2, 2023 10:00 AM ET Company Representatives Dave Folsom - President, Chief Executive Officer Scott Kucinski - Executive Vice President, Chief Operating Officer Tony Domalski - Vice President, Chief Financial Officer Mack Sims - Vice President of Operations Conference Call Participants Alexander Goldfarb - Piper Sandler Operator Hello! And welcome to today's Sotherly Hotels, 4Q 2022 Earnings Call and Webcast. My name is Bailey and I'll ...