Sotherly Hotels Inc. is a self-managed and self-administered lodging REIT focused on the acquisition, renovation, upbranding and repositioning of upscale to upper-upscale full-service hotels in the Southern United States. Currently, the Company's portfolio consists of investments in twelve hotel properties, comprising 3,156 rooms, as well as interests in two condominium hotels and their associated rental programs. The Company owns hotels that operate under the Hilton Worldwide, Hyatt Hotels Corporation, and Marriott International, Inc. brands, as well as independent hotels. Sotherly Hotels Inc. was organized in 2004 and is headquartered in Williamsburg, Virginia.
Revenue of Sotherly Hotels Inc. (SOHO)
Revenue in 2023 (TTM): $173.84 M
According to Sotherly Hotels Inc.'s latest financial reports the company's current revenue (TTM) is $173.84 M. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Sotherly Hotels Inc.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $173.84 M | $49.04 M | $36.97 M | $3.5 M | $3.94 M |
| 2022 | $166.08 M | $46.46 M | $41.79 M | $34.48 M | $24.97 M |
| 2021 | $127.59 M | $30.89 M | $24.63 M | $-28,512,248 | $-28,539,640 |
| 2020 | $71.5 M | $-3,224,309 | $-9,326,553 | $-48,904,173 | $-54,184,616 |
| 2019 | $185.79 M | $46.94 M | $44.79 M | $926.09 K | $1.18 M |
| 2018 | $178.17 M | $47.68 M | $42.77 M | $-138,808 | $109.94 K |
| 2017 | $154.27 M | $40.99 M | $37.11 M | $1.77 M | $442.5 K |
| 2016 | $152.85 M | $40.01 M | $34.11 M | $-467,485 | $926.72 K |
| 2015 | $138.53 M | $36.65 M | $29.91 M | $5.06 M | $5.36 M |
| 2014 | $122.94 M | $32.76 M | $27.99 M | $638.13 K | $2.16 M |
| 2013 | $89.37 M | $23.91 M | $20.02 M | $-2,303,003 | $-2,977,979 |
| 2012 | $87.34 M | $23.05 M | $19.15 M | $-4,026,482 | $-4,104,675 |
| 2011 | $81.17 M | $19.39 M | $15.32 M | $-5,569,788 | $-4,844,446 |
| 2010 | $77.38 M | $18.32 M | $14.97 M | $-3,037,916 | $-2,382,944 |
| 2009 | $71.52 M | $15.46 M | $12.09 M | $-4,817,713 | $-1,973,830 |
| 2008 | $70.76 M | $14.89 M | $12.07 M | $-2,395,709 | $-597,887 |
| 2007 | $69.81 M | $17.94 M | $16.83 M | $3.64 M | $2.46 M |
| 2006 | $67.24 M | $17.03 M | $14.7 M | $5.39 M | $3.18 M |
| 2005 | $57.86 M | $12.7 M | $10.87 M | $3.41 M | $2.48 M |
| 2004 | $26.53 M | $26.53 M | $5.6 M | $-2,756,716 | $-1,540,944 |
| 2003 | $24.44 M | $24.44 M | $5.24 M | $2.51 M | $139.84 K |
| 2002 | $20.94 M | $20.94 M | $20.94 M | $131.8 K | $-122,039 |
| 2001 | $24.11 M | $24.11 M | $24.11 M | $-351,036 | $-557,744 |
| 2000 | $23.89 M | $23.89 M | $24.09 M | $-125,672 | $-125,672 |