SoTHERLY Hotels Inc. Announces 12.5% Increase To Dividend

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 January 10, 2014 to shareholders of record as of December 13, 2013.

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 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.

Copyright Business Wire 2010

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