Sotherly Hotels Inc. reported preliminary operating results for the months of July, August and September 2022 and third quarter ended September 30, 2022. For the quarter, the occupancy was 62.7%, ADR was $166.56 and RevPAR was $103.18.
For the month of July, the occupancy was 67.6%, ADR was $168.84 and RevPAR was $112.75.
For the month of August, the occupancy was 58.3%, ADR was $158.05 and RevPAR was $91.04.
For the month of September, the occupancy was 62.2%, ADR was $172.24 and RevPAR was $105.83.