LuxUrban Hotels Inc. (LUXH)
| Market Cap | 152.50M |
| Revenue (ttm) | 98.83M |
| Net Income (ttm) | -32.98M |
| Shares Out | 36.84M |
| EPS (ttm) | -1.12 |
| PE Ratio | n/a |
| Forward PE | 5.14 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 19 |
| Open | 4.51 |
| Previous Close | 4.44 |
| Day's Range | 4.01 - 4.54 |
| 52-Week Range | 1.41 - 5.78 |
| Beta | n/a |
| Analysts | Strong Buy |
| Price Target | 9.50 (+129.47%) |
| Earnings Date | Nov 8, 2023 |
About LUXH
LuxUrban Hotels Inc. utilizes a long-term lease, asset-light business model to acquire and manage a growing portfolio of short-term rental properties in major metropolitan cities. The Company's future growth focuses primarily on seeking to create "win-win" opportunities for owners of dislocated hotels, including those impacted by COVID-19 travel restrictions, while providing LuxUrban Hotels favorable operating margins. LuxUrban Hotels operates these properties in a cost-effective manner by leveraging technology to identify, acquire, manage, and... [Read more]
Financial Performance
In 2022, LUXH's revenue was $43.83 million, an increase of 104.98% compared to the previous year's $21.38 million. Losses were -$9.39 million, 320.5% more than in 2021.
Financial StatementsAnalyst Forecast
According to 4 analysts, the average rating for LUXH stock is "Strong Buy." The 12-month stock price forecast is $9.5, which is an increase of 129.47% from the latest price.
News
LuxUrban Hotels to Participate in Noble Capital Markets' 19th Annual Emerging Growth Equity Conference
MIAMI--(BUSINESS WIRE)--LuxUrban Hotels Inc. (or the “Company”) (Nasdaq: LUXH), which utilizes an asset-light business model to lease entire hotels on a long-term basis and rent out hotel rooms in the...
LuxUrban Hotels to Operate Two New Four-Star Boutique Hotels in New York City
MIAMI--(BUSINESS WIRE)--LuxUrban Hotels Inc. (“LuxUrban” or the “Company”) (Nasdaq: LUXH), which utilizes an asset-light business model to lease entire hotels on a long-term basis and rent out hotel r...
LuxUrban Hotels to Participate in Jefferies Real Estate Conference
MIAMI--(BUSINESS WIRE)--LuxUrban Hotels Inc. (or the “Company”) (Nasdaq: LUXH), which utilizes an asset-light business model to lease entire hotels on a long-term basis and rent out hotel rooms in the...
LuxUrban Hotels Announces Non-Dilutive Financing of Up to $10 Million to Accelerate Growth
MIAMI--(BUSINESS WIRE)--LuxUrban Hotels Inc. (or the “Company”) (Nasdaq: LUXH), which utilizes an asset-light business model to lease entire hotels on a long-term basis and rent out hotel rooms in the...
LuxUrban Hotels Declares Dividend on 13.00% Series A Cumulative Redeemable Preferred Stock
MIAMI--(BUSINESS WIRE)--LuxUrban Hotels Inc. (or the “Company”) (Nasdaq: LUXH, LUXHP), which utilizes an asset-light business model to lease entire hotels on a long-term basis and rent out hotel rooms...
LuxUrban Hotels Announces Pilot Program to Deploy Amazon Alexa Voice Experience in Select Hotels
MIAMI--(BUSINESS WIRE)--LuxUrban Hotels Inc. (“LuxUrban” or the “Company”) (Nasdaq: LUXH), which utilizes an asset-light business model to lease entire hotels on a long-term basis and rent out hotel r...
LuxUrban Hotels to Present at the Sidoti Micro-Cap Virtual Conference
MIAMI--(BUSINESS WIRE)--LuxUrban Hotels Inc. (or the “Company”) (Nasdaq: LUXH), which utilizes an asset-light business model to lease entire hotels on a long-term basis and rent out hotel rooms in the...
LuxUrban Hotels Inc. Announces Record 2023 Third Quarter Financial Results
MIAMI--(BUSINESS WIRE)--LuxUrban Hotels Inc. (or the “Company”) (Nasdaq: LUXH, LUXHP), which utilizes an asset-light business model to lease entire hotels on a long-term basis and rent out hotel rooms...
LuxUrban Hotels Inc. Schedules 2023 Third Quarter Financial Results and Conference Call
MIAMI--(BUSINESS WIRE)--LuxUrban Hotels Inc. (Nasdaq: LUXH) (or “the Company”), which utilizes an asset-light business model to lease entire hotels on a long-term basis and rent out hotel rooms in the...
LuxUrban Hotels Announces Closing of Series A Cumulative Redeemable Preferred Stock Offering
MIAMI--(BUSINESS WIRE)--LuxUrban Hotels Inc. (or the “Company”) (Nasdaq: LUXH), which utilizes an asset-light business model to lease entire hotels on a long-term basis and rent out hotel rooms in the...
LuxUrban Hotels Announces Pricing of Series A Cumulative Redeemable Preferred Stock Offering
MIAMI--(BUSINESS WIRE)--LuxUrban Hotels Inc. (or the “Company”) (Nasdaq: LUXH), which utilizes an asset-light business model to lease entire hotels on a long-term basis and rent out hotel rooms in the...
LuxUrban Hotels Announces Openings of Three New York City Hotels
MIAMI--(BUSINESS WIRE)--LuxUrban Hotels Inc. (“LuxUrban” or the “Company”) (Nasdaq: LUXH), which utilizes an asset-light business model to lease entire hotels on a long-term basis and rent out hotel r...
LuxUrban Hotels to Present at Upcoming Conferences
MIAMI--(BUSINESS WIRE)--LuxUrban Hotels Inc. (“LuxUrban” or the “Company”) (Nasdaq: LUXH), which utilizes an asset-light business model to lease entire hotels on a long-term basis and rent out hotel r...
LuxUrban Hotels to Present at LD Micro Main Event XVI
Miami, Florida--(Newsfile Corp. - September 27, 2023) - LuxUrban Hotels Inc. (NASDAQ: LUXH) ("LuxUrban" or the "Company"), which utilizes an asset-light business model to lease entire hotels on a long...
LuxUrban Hotels to Present at iAccess Alpha's Virtual Microcap Conference - Top 10 Best Ideas from the Buyside
MIAMI, FL, / ACCESSWIRE / September 22, 2023 / LuxUrban Hotels Inc. ("LuxUrban" or the "Company") (Nasdaq:LUXH), which utilizes an asset-light business model to lease entire hotels on a long-term basi...
LuxUrban Hotels Adds Three New Properties to Trademark Collection® by Wyndham
MIAMI--(BUSINESS WIRE)--LuxUrban Hotels Inc. (“LuxUrban” or the “Company”) (Nasdaq: LUXH), which utilizes an asset-light business model to lease entire hotels on a long-term basis and rent out hotel r...
LuxUrban Hotels Announces Newest Properties to Join Trademark Collection® by Wyndham
MIAMI--(BUSINESS WIRE)--LuxUrban Hotels Inc. (“LuxUrban” or the “Company”) (Nasdaq: LUXH), which utilizes an asset-light business model to lease entire hotels on a long-term basis and rent out hotel r...
LuxUrban Hotels Completes Onboarding of First Property to Wyndham Platform
MIAMI--(BUSINESS WIRE)--LuxUrban Hotels Inc. (“LuxUrban” or the “Company”) (Nasdaq: LUXH), which utilizes an asset-light business model to lease entire hotels on a long-term basis and rent out hotel r...
LuxUrban Hotels Reiterates Focus on Growth via Non-Dilutive Funding Supported by Recent Agreement with Wyndham Hotels & Resorts and Completed Balance Sheet Initiatives
MIAMI--(BUSINESS WIRE)--LuxUrban Hotels Inc. (or the “Company”) (Nasdaq: LUXH), which utilizes an asset-light business model to lease entire hotels on a long-term basis and rent out hotel rooms in the...
LuxUrban Hotels Inc. Announces Record 2023 Second Quarter Financial Results
MIAMI--(BUSINESS WIRE)--LuxUrban Hotels Inc. (or the “Company”) (Nasdaq: LUXH), which utilizes an asset-light business model to lease entire hotels on a long-term basis and rent out hotel rooms in the...
Wyndham and LuxUrban Ink Deal to Expand Trademark Collection Portfolio in the U.S.
16 LuxUrban hotels across New York, Washington D.C., Miami, New Orleans and Los Angeles to join Wyndham's Trademark Collection, with the opportunity for additional hotels to join thereafter LuxUrban w...
LuxUrban Hotels Inc. Schedules 2023 Second Quarter Financial Results and Conference Call
MIAMI--(BUSINESS WIRE)--LuxUrban Hotels Inc. (Nasdaq: LUXH) (or “the Company”), which utilizes an asset-light business model to lease entire hotels on a long-term basis and rent out hotel rooms in the...
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of an Investigation Concerning Possible Breaches of Fiduciary Duty by Certain Officers and Directors of LuxUrban Hotels Inc. (NASDAQ: LUXH)
NEW YORK , June 27, 2023 /PRNewswire/ -- Levi & Korsinsky announces that it has commenced an investigation of LuxUrban Hotels Inc. (NASDAQ: LUXH) concerning possible breaches of fiduciary duty. To obt...
SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Is Investigating LuxUrban Hotels Inc. for Potential Breaches of Fiduciary Duty By Its Board of Directors
NEW YORK , June 27, 2023 /PRNewswire/ -- Purcell & Lefkowitz LLP, a class action law firm dedicated to representing shareholders nationwide, is investigating a potential breach of fiduciary duty claim...
LuxUrban Hotels Eliminates All Debt Obligations with Senior Lenders
MIAMI--(BUSINESS WIRE)--LuxUrban Hotels Inc. (Nasdaq: LUXH) (or “the Company”), which utilizes an asset-light business model to lease entire hotels on a long-term basis and rent out hotel rooms in the...