---
title: "Joint venture acquires Sotherly Hotels Inc.; Schulte Hospitality to manage portfolio."
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/275774269.md"
description: "Schulte Hospitality, a top hotel operator, is set to take over the management of the entire Sotherly Portfolio. This includes a total of X hotels across different locations. This move is expected to significantly strengthen Schulte Hospitality's presence in the sector. The transition of management will affect a considerable number of employees and guests at these hotels. The agreement between the two companies marks a pivotal moment for both parties involved, with Schulte Hospitality gaining access to a diverse range of hotel properties to manage."
datetime: "2026-02-12T14:36:28.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/275774269.md)
  - [en](https://longbridge.com/en/news/275774269.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/275774269.md)
---

# Joint venture acquires Sotherly Hotels Inc.; Schulte Hospitality to manage portfolio.

Schulte Hospitality, a top hotel operator, is set to take over the management of the entire Sotherly Portfolio. This includes a total of X hotels across different locations. This move is expected to significantly strengthen Schulte Hospitality's presence in the sector. The transition of management will affect a considerable number of employees and guests at these hotels. The agreement between the two companies marks a pivotal moment for both parties involved, with Schulte Hospitality gaining access to a diverse range of hotel properties to manage.

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