LuxUrban Hotels Inc. engages in the acquisition and management of hotel units. The company is headquartered in Miami, Florida and currently employs 509 full-time employees. The company went IPO on 2022-08-12. The firm secures long-term operating rights for hotels through master lease agreements (MLA) and rents out, on a short-term basis, hotel rooms to business and vacation travelers. The firm has a portfolio of hotel rooms in New York, Miami Beach, New Orleans, and Los Angeles through long-term lease agreements and manages these hotels directly. The company builds a portfolio of existing hotels that provide short-term accommodation for guests at average nightly and occupancy rates. The company targets business and vacation travelers under its consumer brand LuxUrban and it markets its hotel properties primarily through its nonexclusive relationship with Wyndham Hotels & Resorts and various third-party online travel agency (OTA) channels. The firm has about 1,406 hotel rooms available for rent through its portfolio.
Follow-Up Questions
What is LuxUrban Hotels Inc (LUXHP)'s P/E Ratio?
The P/E ratio of LuxUrban Hotels Inc is 0
What is the price performance of LUXHP stock?
The current price of LUXHP is $0.0005, it has decreased 0% in the last trading day.
What are the primary business themes or industries for LuxUrban Hotels Inc?
LuxUrban Hotels Inc belongs to Real Estate industry and the sector is Real Estate
What is LuxUrban Hotels Inc market cap?
LuxUrban Hotels Inc's current market cap is $1360
Is LuxUrban Hotels Inc a buy, sell, or hold?
According to wall street analysts, 5 analysts have made analyst ratings for LuxUrban Hotels Inc, including 0 strong buy, 0 buy, 3 hold, 1 sell, and 0 strong sell
