Sotherly Hotels Reports Q3 Loss

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Sotherly Hotels Incorporated reports a significant FFO loss of $2.5 million, or $0.12 per share, in Q3, alongside a net loss of $7.5 million, or $0.37 per share. Despite generating $38 million in revenue, the real estate investment trust faces financial pressures, highlighting a challenging quarter.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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