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About LUXURBAN HOTELS INC.
LuxUrban Hotels Inc is a US-based company operating in Real Estate Management & Development industry. The company is headquartered in Miami, Florida and currently employs 509 full-time employees. The company went IPO on 2022-08-12. LuxUrban Hotels Inc. is a hospitality company which leases hotels on a long-term basis and rents rooms in its hotels to business and vacation travelers. 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.
Industry: Real Estate Peers: Avalon GloboCare Corp. CKX LANDS, INC. CAPITAL PROPERTIES INC /RI/ Wave Sync Corp. DigitalBridge Group, Inc. INTERGROUP CORP MAYS J W INC Rafael Holdings, Inc. Trinity Place Holdings Inc.