KWHP and Ascendant Joint Venture acquires SoTHERLY Hotels

KWHP and Ascendant Joint Venture agreed to acquire SoTHERLY Hotels. Reported deal value: Undisclosed. Status: Completed. Sector: Hospitality. Target headquarters context: Williamsburg, Virginia, United States.

This page summarizes publicly available information about the transaction as of 2026-02-16. Figures and status may change as filings and press coverage update.

Kemmons Wilson Hospitality Partners and Ascendant Joint Venture Completes Acquisition of Sotherly Hotels By - February 16, 2026 MEMPHIS, Tennessee, and LOS ANGELES, California, and WILLIAMSBURG , Virginia —Kemmons Wilson Hospitality Partners , together with Ascendant Capital Partners , through their joint venture, KW Kingfisher LLC , and Sotherly Hotels Inc. , announced the completion of the definitive merger pursuant to which Sotherly was acquired by the joint venture