Sotherly Hotels Inc. Provides Revenue Guidance for the Fourth Quarter of 2021
November 12, 2021 at 05:00 pm IST
Sotherly Hotels Inc. provided revenue guidance for the fourth quarter of 2021. For the fourth quarter of 2021, the Company expects Composite RevPAR to be down between 15-20% compared to the fourth quarter 2019, much improved from the first and second quarters of 2021. Due to the uncertainties related to the COVID-19 pandemic and its impact on travel, the Company is unable to provide additional guidance for 2021.