SoTHERLY Hotels Inc. Announces Promotion And New Hire

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 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 oTHERLY 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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