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Reit Hotel Motel

Sotherly Hotels Inc. (SOHOF) is a real estate investment trust (REIT) that specializes in the ownership and management of upscale and midscale hotels. The company's portfolio consists of 15 hotels with a total of 3,909 rooms, mostly located in the Eastern and Midwestern United States.

As of the most recent quarter (Q3 2021), Sotherly Hotels reported total revenue of $21.2 million, down from $33.4 million in the same quarter of the previous year. The decrease in revenue is primarily due to the ongoing impact of the COVID-19 pandemic on the travel and hospitality industries.

In terms of earnings, Sotherly Hotels reported a net loss of $2.3 million in Q3 2021, compared to a net loss of $15.4 million in Q3 2020. The improved earnings are largely due to the company's cost-cutting measures and the gradual recovery of the travel and hospitality industries.

As for growth, Sotherly Hotels has been actively acquiring and disposing of hotels in order to optimize its portfolio. In Q3 2021, the company acquired the H Hotel in Los Angeles for $39 million and disposed of the Crowne Plaza Atlanta Midtown for $24 million. These transactions are expected to contribute positively to the company's earnings going forward.

It's worth noting that the stock price of Sotherly Hotels has been volatile due to the uncertainty surrounding the pandemic and its impact on the travel and hospitality industries. However, as the economy begins to recover, the company is well-positioned to benefit from the rebound in travel demand.

In summary, Sotherly Hotels Inc. is a REIT focused on the ownership and management of upscale and midscale hotels. The company's earnings have improved due to cost-cutting measures and the gradual recovery of the travel and hospitality industries. Sotherly Hotels is actively optimizing its portfolio through hotel acquisitions and dispositions, and it is well-positioned to benefit from the rebound in travel demand as the economy recovers from the pandemic.