Exhibit 99.1

FOR IMMEDIATE RELEASE

WEDNESDAY, MAY 6, 2015

SOTHERLY HOTELS INC. ANNOUNCES REFINANCING OF ATLANTA

HOTEL

Williamsburg, Virginia – May 6, 2015 – S^OTHERLY Hotels Inc. (NASDAQ: SOHO) (the “Company”) announced that it successfully executed a $47.0 million secured loan with Bank of America, N.A. collateralized by a first mortgage on the Georgian Terrace in Atlanta, Georgia. The loan carries a 10 - year term, a fixed interest rate of 4.42%, and amortizes on a 30 - year schedule. The proceeds from the loan were used to repay the existing first mortgage, partially fund the ongoing guest room renovation project, and for general corporate purposes.

About S^OTHERLY Hotels Inc.

S^OTHERLY Hotels Inc. is a self-managed and self-administered lodging REIT focused on the acquisition, renovation, upbranding and repositioning of upscale and upper upscale full-service hotels in the Southern United States. Currently, the Company’s portfolio consists of investments in twelve hotel properties, eleven of which are wholly-owned and comprise 2,698 rooms. The Company also has a 25.0 percent interest in the Crowne Plaza Hollywood Beach Resort. Most of the Company’s properties operate under the Hilton Worldwide, InterContinental Hotels Group and Starwood Hotels and Resorts brands. S^OTHERLY Hotels Inc. was organized in 2004 and is headquartered in Williamsburg, Virginia. For more information, please visit www.sotherlyhotels.com.

Contact at the Company:

Scott Kucinski

SoTHERLY Hotels Inc.

410 West Francis Street

Williamsburg, Virginia 23185

(757) 229-5648