SoTHERLY Hotels Inc. Declares Quarterly Dividend
WILLIAMSBURG, Va. -- April 25, 2013
SoTHERLY Hotels Inc. (NASDAQ: SOHO) (the “Company”) today announced that its
Board of Directors has declared a quarterly cash dividend of$0.035per common
share of beneficial interest. The quarterly dividend will be paid on July 11,
2013 to shareholders of record as of June 14, 2013.
About SoTHERLY Hotels Inc.
SoTHERLY Hotels Inc., formerly MHI Hospitality Corporation, 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 Mid-Atlantic and Southern United States. Currently, the Company’s
portfolio consists of investments in ten hotel properties, nine of which are
wholly-owned and comprise 2,113 rooms. The Company also has a 25.0 percent
interest in the Crowne Plaza Hollywood Beach Resort. All of the Company’s
properties operate under the Hilton Worldwide, InterContinental Hotels Group
and Starwood Hotels and Resorts brands. SoTHERLY Hotels Inc. was organized in
2004 and is headquartered in Williamsburg, Virginia. For more information,
please visit WWW.SOTHERLYHOTELS.COM.
SoTHERLY Hotels Inc.
Director - Investor Relations
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