SoTHERLY Hotels Inc. (NASDAQ: SOHO) (the “Company”) today announced that its Board of Directors has declared a quarterly cash dividend of $0.045 per common share of beneficial interest. The quarterly dividend will be paid on April 11, 2014 to shareholders of record as of March 14, 2014.
About S o THERLY 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 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
o THERLY Hotels Inc.
was organized in 2004 and is headquartered in Williamsburg, Virginia. For more information, please visit