Sotherly Hotels Inc. Announces Impact From COVID-19
Sotherly Hotels Inc. (SOHO)
Last sotherly hotels inc. earnings: 2/27 06:30 am
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US:NASDAQ Investor Relations:
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Source: GlobeNewswire
WILLIAMSBURG, Va., March 09, 2020 (GLOBE NEWSWIRE) -- Sotherly Hotels Inc. (NASDAQ: SOHO) (the “Company”) today announced that it has withdrawn its 2020 Guidance provided on February 27, 2020 due to the significant number of corporate group cancellations and ongoing corporate travel policy restrictions related to COVID-19. The Company’s initial guidance issued on February 27, 2020 considered minimal impact from the COVID-19 outbreak. However, governmental travel advisories, increased travel restrictions from corporations, and significant airline flight cancellations are expected to adversely impact the Company’s financial results for Q1 2020 and the year as a whole. Dave Folsom, President and CEO of the Company commented, “We are closely monitoring the COVID-19 outbreak and are working with our management teams to minimize the impact of the outbreak to the extent possible and to ensure the safety of our guests. The Company and lodging industry in general have seen a substantial am
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SOHO
News
- Sotherly Hotels Inc. Schedules First Quarter 2024 Earnings Release and Conference CallGlobeNewswire
- Sotherly Hotels Inc. (NASDAQ: SOHO) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Sotherly Hotels Inc. (NASDAQ: SOHO) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Sotherly Hotels Inc. (NASDAQ: SOHO) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Sotherly Hotels Inc. (NASDAQ: SOHO) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
SOHO
Earnings
- 3/6/24 - Beat
SOHO
Sec Filings
- 3/27/24 - Form DEF
- 3/27/24 - Form ARS
- 2/14/24 - Form SC
- SOHO's page on the SEC website