LUXH - Earnings announcements

MIAMI, Nov. 20, 2024 (GLOBE NEWSWIRE) -- 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 Rental Revenue: $13.1 million, compared to $31.2 million in Q3 2023.Gross (Loss) Profit: $(16.8) million, compared to a profit of $7.8 million in Q3 2023, impacted by [brief explanation of fa

MIAMI, Sept. 25, 2024 (GLOBE NEWSWIRE) -- 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: $18.2 million, compared to $31.9 million in Q2 2023.Gross (Loss) Profit: $(22.2) million, compared to a profit of $10.2 million in Q2 2023, impacted by increased rent expenses, surrender of deposits from exiting

MIAMI, Sept. 25, 2024 (GLOBE NEWSWIRE) -- 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 September 25th, 2024 at 5:00PM ET. The webcast will feature an overview of the quarter from Robert Arigo, CEO, and Mike James, CFO. To register for the event, please click HERE. Conference Call & Webcast Information: Time & Date: September 25, 2024, at 5:00PM ETPARTICIPANT DIAL IN (TOLL FREE): 1-877-317

LuxUrban Hotels Inc. ("LuxUrban" or the "Company") (NASDAQ:LUXH), a hospitality company which leases entire existing hotels on a long-term basis and rents rooms in its hotels to business and vacation travelers, today announced financial results for the first quarter ended March 31, 2024 ("Q1 2024"), including adjusted EBITDA, which is a non-GAAP measure and is accompanied by reconciliation tables in this release. The Company also announced that it will file its Form 10-Q with the Securities and Exchange Commission on May 13, 2024. "We reported Q1 2024 net rental revenue of $29.1 million, a 27.6% increase from last year's first quarter, and adjusted EBITDA of $2.5 million. Our bookings out

LuxUrban Hotels Inc. ("LuxUrban" or the "Company") (NASDAQ:LUXH), a hospitality company which leases entire existing hotels on a long-term basis and rents rooms in its hotels to business and vacation travelers, announced today it will report financial results for the first quarter ended March 31, 2024 on Monday, May 13, 2024 after the close of the stock market. The Company will host a conference call on Tuesday, May 14, 2024 at 9:00 am Eastern Time to discuss the results. Investors interested in participating in the live call can dial: (800) 715-9871 - U.S. (646) 307-1963 - International Conference ID 2430628 A simultaneous webcast of the call may be accessed online from the E

Net Rental Revenue rose 159% to $113.4 million Net loss of $78.5 million included $61.1 million in non-cash charges and $24.6 million in non-recurring cash costs EBITDA rose 78% to $25.3 million; Adjusted EBITDA increased 109% to $29.8 million LuxUrban Hotels Inc. (or the "Company") (NASDAQ:LUXH, LUXHP))), a hospitality company which leases entire existing hotels on a long-term basis and rents rooms in its hotels to business and vacation travelers, including through its partnership with Wyndham Hotels & Resorts ("Wyndham"), today announced financial results for full year ("FY 2023") ended December 31, 2023, including EBITDA and adjusted EBITDA, which are non-GAAP measures and are acco

LuxUrban Hotels Inc. ("LuxUrban" or the "Company") (NASDAQ:LUXH), a hospitality company which utilizes an asset-light business model to lease entire hotels on a long-term basis in partnership with Wyndham Hotels & Resorts, announced today it will report financial results for the fourth quarter and full year ended December 31, 2023 on Tuesday, March 26, 2024 after the close of the stock market. The Company will host a conference call on Wednesday, March 27, 2024 at 10:00 am Eastern Time to discuss the results. Investors interested in participating in the live call can dial: (800) 715-9871 - U.S. (646) 307-1963 - International A simultaneous webcast of the call may be accessed onli

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 these properties in key major metropolitan cities, announced today it will report financial results for the third quarter ended September 30, 2023 on Wednesday, November 8, 2023 after the close of the stock market. The Company will host a conference call on Thursday, November 9, 2023 at 10:00 am Eastern Time to discuss the results. Investors interested in participating in the live call can dial: (877) 407-9753 - U.S. (201) 493-6739 - International A simultaneous webcast of the call may be accessed online from t

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 will continue to manage hotels as they join the industry's #1 hotel rewards program and leverage Wyndham's best-in-class sales, marketing, technology and distribution platform PARSIPPANY, N.J. and MIAMI, Aug. 3, 2023 /PRNewswire/ -- Wyndham Hotels & Resorts, the world's largest hotel franchising company with approximately 9,100 hotels across more than 95 countries, and LuxUrban Hotels, Inc. (NASDAQ:LUXH), a leading hotel operator with a growing portfolio of nearly two-dozen assets in key urban ma

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 these properties in key major metropolitan cities, announced today it will report financial results for the second quarter ended June 30, 2023 on Tuesday, August 8, 2023 after the close of the stock market. The Company will host a conference call on Wednesday, August 9, 2023 at 10:00 am Eastern Time to discuss the results. Investors interested in participating in the live call can dial: (877) 407-9753 - U.S. (201) 493-6739 - International A simultaneous webcast of the call may be accessed online from the Events

Net Rental Revenue Rose to $22.8 Million from $9.1 Million Net Loss of $(2.8) Million Included $6.8 Million of Non-Cash Expenses and Other Items Cash Net Income Improved to $2.2 Million; EBITDA Rose to $4.0 Million 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 these properties in key major metropolitan cities, today announced financial results for the first quarter ended March 31, 2023 ("Q1 2023"). Reported results include cash net income and EBITDA, which are non-GAAP measures and are accompanied by reconciliation tables in this release. Financial Results Ov

LuxUrban Hotels Inc. (or "the Company") (NASDAQ:LUXH), which 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, today announced it will report financial results for the fourth quarter and full year ended December 31, 2022 on Monday, March 27, 2023 after the close of the stock market. The Company will host a conference call on Tuesday, March 28, 2023 at 9:00 am Eastern Time to discuss the results. Investors interested in participating in the live call can dial: (877) 407-9753 - U.S. (201) 493-6739 - International A simultaneous webcast of the call may be accessed online from the