LUXH

LuxUrban Hotels Strategically Transitions to OTC Market to Accelerate Growth and Profitability

Jan 16, 2025

Significant Cost Savings Drive Strategic Investments: Transition to OTC reduces compliance costs, freeing capital to expand hotel asset ownership and fuel growth. Sharpened Focus on Core Business Execution: Streamlined operations enable LuxUrban to optimize properties and enhance guest experiences. Asset Acquisition Strategy to Boost Profitability: Targeted hotel acquisitions aim to strengthen market presence and improve profit margins. Achieves Positive Operational Cash Flow: December 2024...

LuxUrban Issues Corporate update and 2025 Revenue Guidance of $62–$67 million

Jan 15, 2025

Streamlined Operations and NYC Focus Set the Stage for 2025 Growth RevPAR Gains and Optimized Portfolio Highlight Operational Momentum MIAMI, Jan. 15, 2025 - PRISM MediaWire - LuxUrban Hotels Inc. (Nasdaq: LUXH), a hospitality company that leases entire hotels on a long-term basis, manages these hotels, and rents out rooms to guests in the properties it leases, today provided a comprehensive corporate update, highlighting recent business achievements and sharing its 2025 revenue guidance and...

Lux Urban Hotels Embraces the Future with Digital Currency–Powered Guest Experiences

Jan 14, 2025

Guests staying at Lux Urban Hotels will soon have the option to pay for their stays using a variety of blockchain-based digital currencies, offering a seamless and decentralized payment experience MIAMI, Jan. 14, 2025 - PRISM MediaWire - LuxUrban Hotels Inc. (Nasdaq: LUXH) a premier name in contemporary urban hospitality, is proud to announce an innovative partnership to enable digital currency payments to all nine properties in the Company’s portfolio. By integrating blockchain-based payment...

LuxUrban Hotels Inc. Signs A Non-Binding Letter of Intent for Proposed Joint Venture with Lockwood Development Partners LLC and The Bright Hospitality Management to Elevate Hotel Operations and Guest Experience

Nov 20, 2024

Strategic initiative would provide LuxUrban with a $7 million initial capital infusion, offering the opportunity to broaden its market impact representing a key milestone in building Lux 2.0 Joint venture would leverage advanced technology integration to streamline operations, elevate service offerings, and deliver an enhanced guest experience MIAMI, November 20, 2024 - PRISM MediaWire - LuxUrban Hotels Inc. (Nasdaq: LUXH), a hospitality company that leases entire hotels on a long-term basis,...

LuxUrban Hotels Inc. Reports Third Quarter 2024 Financial Results

Nov 20, 2024

MIAMI, November 20, 2024 - PRISM MediaWire - LuxUrban Hotels Inc. (Nasdaq: LUXH), a hospitality company that leases entire hotels on a long-term basis, manages these hotels, and rents out rooms to guests in the properties it leases, today announced its financial results for the third quarter ended September 30, 2024 (“Q3 2024”). The Company filed its quarterly report on Form 10-Q for Q3 2024 with the U.S. Securities and Exchange Commission on November 19, 2024 Q3 2024 Financial Overview: Net...

LuxUrban Hotels Inc. Announces Reverse Stock Split and Nasdaq Compliance Approval

Nov 15, 2024

Miami, Florida, November 15, 2024 - PRISM MediaWire - LuxUrban Hotels Inc. (Nasdaq: LUXH), a hospitality company that leases entire hotels on a long-term basis, manages these hotels, and rents out rooms to guests in the properties it leases, today announced that it will effectuate a one-for-seventy (1:70) reverse stock split of its common stock. This reverse stock split was approved by stockholders at the special meeting held on November 12, 2024, and will be effective at the opening of...

LuxUrban Hotels Inc. Reports Second Quarter 2024 Financial Results

Sep 25, 2024

Miami, Florida, September 25, 2024 – PRISM MediaWire - LuxUrban Hotels Inc. (Nasdaq: LUXH), a hospitality company that leases entire hotels on a long-term basis, manages these hotels, and rents out rooms to guests in the properties it leases, today announced its financial results for the second quarter ended June 30, 2024 (“Q2 2024”). The Company has also submitted its quarterly report on Form 10-Q to the U.S. Securities and Exchange Commission. Q2 2024 Financial Overview: Net Rental Revenue:...

LuxUrban Hotels to Host Webcast to Review the Financial Results for the Second Quarter of 2024

Sep 25, 2024

Conference Call and Webcast to be held on September 25, 2024 at 5:00 PM ET MIAMI, Florida, September 25, 2024 - PRISM MediaWire - LuxUrban Hotels Inc. (“LuxUrban” or the “Company”) (Nasdaq: LUXH), which secures long-term operating rights for entire hotels through Master Lease Agreements (MLA) under which it manages the hotel and rents out, on a short-term basis, rooms to business and vacation travelers, will host a webcast to review the results of the 2nd quarter of 2024 on...

NEWSROOM

LuxUrban Hotels Strategically Transitions to OTC Market to Accelerate Growth and Profitability

LuxUrban Issues Corporate update and 2025 Revenue Guidance of $62–$67 million

Lux Urban Hotels Embraces the Future with Digital Currency–Powered Guest Experiences

LuxUrban Hotels Inc. Signs A Non-Binding Letter of Intent for Proposed Joint Venture with Lockwood Development Partners LLC and The Bright Hospitality Management to Elevate Hotel Operations and Guest Experience

LuxUrban Hotels Inc. Reports Third Quarter 2024 Financial Results

LuxUrban Hotels Inc. Announces Reverse Stock Split and Nasdaq Compliance Approval

LuxUrban Hotels Inc. Reports Second Quarter 2024 Financial Results

LuxUrban Hotels to Host Webcast to Review the Financial Results for the Second Quarter of 2024

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