LuxUrban Hotels Inc. (LUXH)

NASDAQ: LUXH · IEX Real-Time Price · USD
5.97
-0.01 (-0.17%)
At close: Dec 29, 2023, 4:00 PM
5.00
-0.97 (-16.25%)
After-hours: Dec 29, 2023, 7:30 PM EST
-0.17%
Market Cap 35.81M
Revenue (ttm) 98.83M
Net Income (ttm) -32.98M
Shares Out 6.00M
EPS (ttm) -1.12
PE Ratio n/a
Forward PE 8.54
Dividend n/a
Ex-Dividend Date n/a
Volume 280,419
Open 6.00
Previous Close 5.98
Day's Range 5.80 - 6.28
52-Week Range 1.55 - 6.28
Beta n/a
Analysts Strong Buy
Price Target 9.50 (+59.13%)
Earnings Date Nov 8, 2023

About LUXH

LuxUrban Hotels Inc. utilizes an asset light business model to lease entire hotels on a long-term basis and rent out hotel rooms in the properties it leases. It manages a portfolio of hotel rooms in New York, Washington D.C., Miami Beach, New Orleans, and Los Angeles. The company was formerly known as CorpHousing Group Inc. and changed its name to LuxUrban Hotels Inc. in November 2022. The company was incorporated in 2017 and is headquartered in Miami, Florida. [Read more]

Industry Lodging
Founded 2017
Employees 213
Stock Exchange NASDAQ
Ticker Symbol LUXH
Full Company Profile

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 Statements

Analyst 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 59.13% from the latest price.

Price Target
$9.5
(59.13% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Save the Date: LuxUrban Hotels to Host Investor Day on February 6, 2024

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...

13 days ago - Business Wire

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...

26 days ago - Business Wire

LuxUrban Hotels and Company's Chairman and Co-CEO Mutually Agree to Cancel $10 Million Financing Arrangement in Light of Ongoing Discussions to Enhance Access to Non-Dilutive Capital

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...

27 days ago - Business Wire

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...

4 weeks ago - Business Wire

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...

4 weeks ago - Business Wire

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...

5 weeks ago - Business Wire

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...

6 weeks ago - Business Wire

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...

6 weeks ago - Business Wire

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...

6 weeks ago - Business Wire

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...

7 weeks ago - Business Wire

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...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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...

3 months ago - Business Wire

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...

3 months ago - Newsfile Corp

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...

3 months ago - Accesswire

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...

3 months ago - Business Wire

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...

3 months ago - Business Wire

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...

3 months ago - Business Wire

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...

4 months ago - Business Wire

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...

5 months ago - Business Wire

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...

Other symbols: WH
5 months ago - PRNewsWire

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...

5 months ago - Business Wire

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...

6 months ago - PRNewsWire