Sotherly Hotels (SOHO) Revenue & Revenue Breakdown
Sotherly Hotels Revenue Highlights
Latest Revenue (Y)
$173.84M
Latest Revenue (Q)
$46.55B
Main Segment (Y)
Occupancy
Main Geography (Y)
Occupancy
Sotherly Hotels Revenue by Period
Sotherly Hotels Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $173.84M | 4.67% |
| 2022-12-31 | $166.08M | 30.17% |
| 2021-12-31 | $127.59M | 78.44% |
| 2020-12-31 | $71.50M | -61.51% |
| 2019-12-31 | $185.79M | 4.27% |
| 2018-12-31 | $178.17M | 15.50% |
| 2017-12-31 | $154.27M | 0.93% |
| 2016-12-31 | $152.85M | 10.33% |
| 2015-12-31 | $138.53M | 12.68% |
| 2014-12-31 | $122.94M | 37.56% |
| 2013-12-31 | $89.37M | 2.33% |
| 2012-12-31 | $87.34M | 7.60% |
| 2011-12-31 | $81.17M | 4.90% |
| 2010-12-31 | $77.38M | 8.20% |
| 2009-12-31 | $71.52M | 1.07% |
| 2008-12-31 | $70.76M | 1.36% |
| 2007-12-31 | $69.81M | 3.83% |
| 2006-12-31 | $67.24M | 16.22% |
| 2005-12-31 | $57.86M | 118.07% |
| 2004-12-31 | $26.53M | 8.58% |
| 2003-12-31 | $24.44M | 16.71% |
| 2002-12-31 | $20.94M | -13.16% |
| 2001-12-31 | $24.11M | 0.92% |
| 2000-12-31 | $23.89M | - |
Sotherly Hotels generated $173.84M in revenue during NA 2023, up 4.67% compared to the previous quarter, and up 97.57% compared to the same period a year ago.
Sotherly Hotels Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-03-31 | $46.55B | 110340.21% |
| 2023-12-31 | $42.15M | 7.57% |
| 2023-09-30 | $39.18M | -20.07% |
| 2023-06-30 | $49.02M | 12.71% |
| 2023-03-31 | $43.49M | 5.20% |
| 2022-12-31 | $41.34M | 5.43% |
| 2022-09-30 | $39.21M | -16.87% |
| 2022-06-30 | $47.17M | 22.99% |
| 2022-03-31 | $38.35M | 9.34% |
| 2021-12-31 | $35.08M | -1.18% |
| 2021-09-30 | $35.49M | 3.23% |
| 2021-06-30 | $34.38M | 51.90% |
| 2021-03-31 | $22.64M | 55.19% |
| 2020-12-31 | $14.59M | 1.19% |
| 2020-09-30 | $14.41M | 172.28% |
| 2020-06-30 | $5.29M | -85.77% |
| 2020-03-31 | $37.21M | -16.02% |
| 2019-12-31 | $44.30M | 4.12% |
| 2019-09-30 | $42.55M | -17.44% |
| 2019-06-30 | $51.54M | 8.76% |
| 2019-03-31 | $47.39M | 9.03% |
| 2018-12-31 | $43.47M | 4.94% |
| 2018-09-30 | $41.42M | -19.66% |
| 2018-06-30 | $51.55M | 23.52% |
| 2018-03-31 | $41.74M | 9.37% |
| 2017-12-31 | $38.16M | 3.78% |
| 2017-09-30 | $36.77M | -9.53% |
| 2017-06-30 | $40.64M | 5.03% |
| 2017-03-31 | $38.69M | 7.68% |
| 2016-12-31 | $35.94M | -3.59% |
| 2016-09-30 | $37.28M | -10.88% |
| 2016-06-30 | $41.82M | 10.62% |
| 2016-03-31 | $37.81M | 2.88% |
| 2015-12-31 | $36.75M | 8.28% |
| 2015-09-30 | $33.94M | -7.93% |
| 2015-06-30 | $36.87M | 19.01% |
| 2015-03-31 | $30.98M | 3.86% |
| 2014-12-31 | $29.83M | -6.10% |
| 2014-09-30 | $31.76M | -12.59% |
| 2014-06-30 | $36.34M | 45.30% |
| 2014-03-31 | $25.01M | 11.28% |
| 2013-12-31 | $22.48M | 4.74% |
| 2013-09-30 | $21.46M | -15.02% |
| 2013-06-30 | $25.25M | 25.07% |
| 2013-03-31 | $20.19M | -1.20% |
| 2012-12-31 | $20.43M | -6.14% |
| 2012-09-30 | $21.77M | -13.31% |
| 2012-06-30 | $25.11M | 25.40% |
| 2012-03-31 | $20.03M | 2.74% |
| 2011-12-31 | $19.49M | -2.61% |
| 2011-09-30 | $20.02M | -13.47% |
| 2011-06-30 | $23.13M | 24.79% |
| 2011-03-31 | $18.54M | -1.51% |
| 2010-12-31 | $18.82M | -3.68% |
| 2010-09-30 | $19.54M | -9.17% |
| 2010-06-30 | $21.51M | 22.80% |
| 2010-03-31 | $17.52M | 0.05% |
| 2009-12-31 | $17.51M | -2.63% |
| 2009-09-30 | $17.98M | -12.43% |
| 2009-06-30 | $20.53M | 32.47% |
| 2009-03-31 | $15.50M | -11.98% |
| 2008-12-31 | $17.61M | 2.48% |
| 2008-09-30 | $17.18M | -16.00% |
| 2008-06-30 | $20.45M | - |
Sotherly Hotels generated $46.55B in revenue during Q1 2024, up 110340.21% compared to the previous quarter, and up 112594.25% compared to the same period a year ago.
Sotherly Hotels Revenue Breakdown
Sotherly Hotels Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Occupancy | $114.75M | $109.55M | $88.63M | $49.19M | $128.06M |
| Food and Beverage | $35.23M | $29.56M | - | - | - |
| Hotel, Other | $23.86M | $26.97M | - | - | - |
| Food And Beverage | - | - | $15.83M | $10.68M | $40.27M |
| Hotel Other | - | - | $23.13M | $11.63M | $17.46M |
Sotherly Hotels's latest annual revenue breakdown by segment (product or service), as of Dec 23: Occupancy (66.01%), Food and Beverage (20.27%), and Hotel, Other (13.72%).
Quarterly Revenue by Product
| Product/Service | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Food and Beverage | $9.46M | $7.52M | $9.50M | $8.75M | $9.41M | $6.82M | $7.71M | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Occupancy | $26.83M | $26.26M | $33.25M | $28.40M | $26.04M | $26.11M | $32.55M | $24.85M | $23.85M | $25.23M | $24.05M | $15.49M | $10.23M | $10.33M | $3.89M | $24.74M | $29.50M | $29.25M | $36.36M | $32.95M |
| Hotel, Other | $5.86M | $5.40M | $6.26M | $6.34M | $5.89M | $6.29M | $6.91M | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Food And Beverage | - | - | - | - | - | - | - | $5.62M | $5.96M | $4.82M | $3.50M | $1.54M | $1.21M | $1.17M | $155.19K | $8.14M | $10.68M | $9.00M | $10.86M | $9.72M |
| Hotel Other | - | - | - | - | - | - | - | $7.88M | $5.26M | $5.44M | $6.84M | $5.60M | $3.14M | $2.92M | $1.25M | $4.32M | $4.12M | $4.30M | $4.32M | $4.72M |
Sotherly Hotels's latest quarterly revenue breakdown by segment (product or service), as of Dec 23: Occupancy (63.66%), Food and Beverage (22.44%), and Hotel, Other (13.89%).
Sotherly Hotels Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 22 | Dec 21 | Dec 20 | Dec 19 | Dec 18 |
|---|---|---|---|---|---|
| Food and Beverage | $29.56M | - | - | - | - |
| Occupancy | $109.55M | $88.63M | $49.19M | $128.06M | $120.99M |
| Hotel, Other | $26.97M | - | - | - | - |
| Food And Beverage | - | $15.83M | $10.68M | $40.27M | $38.13M |
| Hotel Other | - | $23.13M | $11.63M | $17.46M | $19.04M |
Sotherly Hotels's latest annual revenue breakdown by geography, as of Dec 22: Occupancy (65.97%), Food and Beverage (17.80%), and Hotel, Other (16.24%).
Quarterly Revenue by Country
| Country | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | Jun 18 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Hotel, Other | $6.34M | $5.89M | $6.29M | $6.91M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Food and Beverage | $8.75M | $9.41M | $6.82M | $7.71M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Occupancy | $28.40M | $26.04M | $26.11M | $32.55M | $24.85M | $23.85M | $25.23M | $24.05M | $15.49M | $10.23M | $10.33M | $3.89M | $24.74M | $29.50M | $29.25M | $36.36M | $32.95M | $28.75M | $28.63M | $35.33M |
| Food And Beverage | - | - | - | - | $5.62M | $5.96M | $4.82M | $3.50M | $1.54M | $1.21M | $1.17M | $155.19K | $8.14M | $10.68M | $9.00M | $10.86M | $9.72M | $10.28M | $8.42M | $11.08M |
| Hotel Other | - | - | - | - | $7.88M | $5.26M | $5.44M | $6.84M | $5.60M | $3.14M | $2.92M | $1.25M | $4.32M | $4.12M | $4.30M | $4.32M | $4.72M | $4.43M | $4.37M | $5.14M |
Sotherly Hotels's latest quarterly revenue breakdown by geography, as of Mar 23: Occupancy (65.30%), Food and Beverage (20.12%), and Hotel, Other (14.58%).
Sotherly Hotels Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| SVC | Service Properties Trust | $1.87B | $512.95M |
| RLJ | RLJ Lodging Trust | $1.33B | $369.30M |
| DRH | DiamondRock Hospitality | $1.07B | $309.28M |
| XHR | Xenia Hotels & Resorts | $1.03B | $272.90M |
| INN | Summit Hotel Properties | $736.13M | $193.90M |
| HT | Hersha Hospitality Trust | $405.87M | $91.98M |
| CLDT | Chatham Lodging Trust | $311.11M | $86.48M |
| SOHO | Sotherly Hotels | $173.84M | $46.55B |
SOHO Revenue FAQ
What is Sotherly Hotels’s yearly revenue?
Sotherly Hotels's yearly revenue for 2023 was $173.84M, representing an increase of 4.67% compared to 2022. The company's yearly revenue for 2022 was $166.08M, representing an increase of 30.17% compared to 2021. SOHO's yearly revenue for 2021 was $127.59M, representing an increase of 78.44% compared to 2020.
What is Sotherly Hotels’s quarterly revenue?
Sotherly Hotels's quarterly revenue for Q1 2024 was $46.55B, a 110340.21% increase from the previous quarter (Q4 2023), and a 106929.35% increase year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $42.15M, a 7.57% increase from the previous quarter (Q3 2023), and a 1.95% increase year-over-year (Q4 2022). SOHO's quarterly revenue for Q3 2023 was $39.18M, a -20.07% decrease from the previous quarter (Q2 2023), and a -0.08% decrease year-over-year (Q3 2022).
What is Sotherly Hotels’s revenue growth rate?
Sotherly Hotels's revenue growth rate for the last 3 years (2021-2023) was 36.25%, and for the last 5 years (2019-2023) was -6.43%.
What are Sotherly Hotels’s revenue streams?
Sotherly Hotels's revenue streams in c 23 are Occupancy, Food and Beverage, and Hotel, Other. Occupancy generated $114.75M in revenue, accounting 66.01% of the company's total revenue, up 4.74% year-over-year. Food and Beverage generated $35.23M in revenue, accounting 20.27% of the company's total revenue, up 19.20% year-over-year. Hotel, Other generated $23.86M in revenue, accounting 13.72% of the company's total revenue, down -11.53% year-over-year.
What is Sotherly Hotels’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Sotherly Hotels was Occupancy. This segment made a revenue of $114.75M, representing 66.01% of the company's total revenue.