---
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.

### Related Stocks

- [SOHO.US](https://longbridge.com/en/quote/SOHO.US.md)

## Related News & Research

- [Marriott International and The Fern Hotels & Resorts Celebrate 75 Signings and 50 Openings for Series by Marriott in India](https://longbridge.com/en/news/287030448.md)
- [ZAWYA: Global Hotel Alliance adds four distinctive new member brands](https://longbridge.com/en/news/287168557.md)
- [Exploring The Competitive Space: Airbnb Versus Industry Peers In Hotels, Restaurants & Leisure](https://longbridge.com/en/news/286892069.md)
- [ZAWYA: Introducing Atheel, KAFD Hotel, a new Saudi luxury business hotel in the heart of Riyadh's King Abdullah Financial District](https://longbridge.com/en/news/286733522.md)
- [Toast Supports the International Chamber of Commerce UK Trade & Export Initiative for Hospitality Brands Expanding Internationally | TOST Stock News](https://longbridge.com/en/news/287179392.md)