Sotherly Hotels Inc. functions as a self-managed and self-administered lodging real estate investment trust (REIT) whose core strategy revolves around the acquisition, renovation, brand enhancement, and market repositioning of upscale to upper-upscale, full-service hotel properties across the Southern United States. Its current portfolio comprises investments in a dozen hotel properties, collectively accounting for 3,156 rooms, along with stakes in two condominium hotels and their associated rental programs. These establishments operate under prominent banners such as Hilton Worldwide, Hyatt Hotels Corporation, and Marriott International, Inc., in addition to a selection of independent hotels. Established in 2004, Sotherly Hotels Inc. maintains its headquarters in Williamsburg, Virginia.