LuxUrban Hotels Stock Forum

$LuxUrban Hotels(LUXH.US)$
NEWS
LuxUrban Hotels Launches Proposed Public Offering of Securities
LuxUrban Hotels announced the launch of a proposed follow-on public offering of its common stock. The company, trading under the symbol LUXH on Nasdaq, will issue shares under a shelf registration statement declared effective by the SEC on May 8, 2024. This offering is being managed by Roth Capital Partners, with Alexander Capital as co-manager. Proceeds will be used for working capital and general co...

$LuxUrban Hotels(LUXH.US)$
NEWS
LuxUrban Hotels Inc. reported a significant increase in net rental revenue by 159% to $113.4 million for FY 2023. The company's EBITDA rose by 78% to $25.3 million, with adjusted EBITDA increasing by 109% to $29.8 million. Despite a net loss of $78.5 million, which included non-cash charges and non-recurring costs, LuxUrban Hotels Inc. remains optimistic about its future growth and strategic expansion plans.
Net rental revenue surged by 159% to $113.4 million in F...

$LuxUrban Hotels(LUXH.US)$ good looking 👀

$LuxUrban Hotels(LUXH.US)$ Why there’s no comment thus far since change of name? Let me be the first one then. 🙃