Sotherly Hotels Inc. Reports Preliminary Operating Results for the Month of October, November, December and Fourth Quarter Ended December 31, 2022. For the quarter, the occupancy was 58.0%, ADR was $176.93 and RevPAR was $101.52.
For the month of December, the occupancy was 48.1%, ADR was $169.69 and RevPAR was $80.75.
For the month of October, the occupancy was 69.9%, ADR was $186.12 and RevPAR was $129.16.
For the month of November, the occupancy was 55.8%, ADR was $170.96 and RevPAR was $94.43.