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SOHO > SEC Filings for SOHO > Form 8-K on 22-Apr-2014All Recent SEC Filings

Show all filings for SOTHERLY HOTELS INC.

Form 8-K for SOTHERLY HOTELS INC.


22-Apr-2014

Regulation FD Disclosure


Item 7.01 Regulation FD Disclosure

On April 22, 2014, Sotherly Hotels Inc., a Maryland corporation (the "Company") and the sole general partner of Sotherly Hotels LP, a Delaware limited partnership, conducted its Annual Meeting of Stockholders (the "Annual Meeting"). At the Annual Meeting, the Company's management team gave a presentation, which included updated 2014 guidance described below taking into account the acquisition of the Georgian Terrace Hotel in Atlanta, Georgia:

total revenue for 2014 is estimated at $119,772,000, at the midpoint of the range;

hotel earnings before interest, taxes, depreciation and amortization ("Hotel EBITDA") is estimated at $31,624,000, at the midpoint of the range; and

Hotel EBITDA margin for 2014 is estimated at 26.4%.

The information contained in this Form 8-K under "Item 7.01 Regulation FD Disclosure" is furnished in accordance with SEC Release 33-8216. The information in Item 7.01 of this Form 8-K shall not be deemed "filed" for the purposes of
Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, except as shall be expressly set forth by specific reference in such filing.


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