SoTHERLY Hotels Inc. Announces Promotion and New Hire

  SoTHERLY Hotels Inc. Announces Promotion and New Hire

Business Wire

WILLIAMSBURG, Va. -- January 2, 2014

S^oTHERLY Hotels Inc. (NASDAQ: SOHO) (the“Company”)  today announced that it
has promoted Scott Kucinski to Vice President of Operations and Investor
Relations. Mr. Kucinski will help oversee the Company’s corporate operations
activities including capital markets transactions, acquisitions and
dispositions, asset management, and investor relations and compliance matters.

Mr. Kucinski joined the Company in 2004 and has served in a variety of roles
including Director of Construction Services and, most recently, Director of
Investor Relations. Mr. Kucinski holds an MBA from the Mason School of
Business at the College of William and Mary and a BA from Washington and Lee
University.

Drew Sims, Chairman and Chief Executive Officer of S^oTHERLY Hotels Inc.,
commented, “Scott began his career with the Company during our IPO process and
has been instrumental in the execution of our business plan since that time,
achieving success in his managerial and transactional endeavors. Scott is a
valued member of our leadership team and we look forward to his continued
contributions to S^oTHERLY.”

The Company also announced that it has hired David Surette as Corporate
Controller. Mr. Surette will help manage the Company’s financial reporting and
corporate accounting functions. Mr. Surette previously served as Senior
Accountant for Landmark Apartment Trust where he was primarily responsible for
SEC reporting. Mr. Surette holds an MBA from Babson College and a BS in
Accounting from the University of Massachusetts. He is a Certified Public
Accountant.

Drew Sims commented, “We are pleased to add someone of David’s caliber to the
S^oTHERLY team. His accounting expertise and SEC experience provides an
essential skill set that will be a valuable asset to our company.”

About S^oTHERLY Hotels Inc.

S^oTHERLY 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 and upper upscale full-service hotels
in the Southern United States. Currently, the Company’s portfolio consists of
investments in eleven hotel properties, ten of which are wholly-owned and
comprise 2,372 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. S^oTHERLY Hotels Inc.  was organized in 2004 and is
headquartered in Williamsburg, Virginia. For more information, please visit
www.sotherlyhotels.com.

Contact:

S^oTHERLY Hotels Inc.
Scott Kucinski, 757-229-5648
 
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