LUXH · Categories · M&A
LUXH - Mergers and acquisitions
LuxUrban Hotels Inc. (LUXH) mergers and acquisitions - real-time wire coverage filtered to M&A only.
Recent M&A for LUXH
- LuxUrban Hotels Inc. Provides Preliminary Unaudited 2023 Fourth Quarter and Full Year Financial Results2023 Net Rental Revenue Increased to Approximately $114.0 Million from $43.8 Million EBITDA Rose to Approximately $30.6 Million from $14.3 Million Adjusted EBITDA Rose to Approximately $35.0 Million from $14.3 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 preliminary unaudited financial results for the fourth quarter ("Q4 2023") and full year ended December 31, 2023, including cash net income, adjusted cash net income, EBITD
- LuxUrban Hotels Declares Dividend on 13.00% Series A Cumulative Redeemable Preferred StockLuxUrban 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 in these properties in key major metropolitan cities, today announced that its Board of Directors has declared a monthly cash dividend for the Company's 13.00% Series A Cumulative Redeemable Preferred Stock. Dividend per share $0.270833 Record date February 15, 2024 Payment date February 29, 2024 LuxUrban Hotels Inc. LuxUrban Hotels Inc. utilizes an asset light business model to secure the long-term operating rights for entire hotels through Master Lease Agreements (MLA
- LuxUrban Hotels to Host Investor Day on February 6, 2024LuxUrban 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 rooms in these properties in key major metropolitan cities, today announced that it will host its Investor Day on Tuesday, February 6, 2024 in New York City. The event will begin at 2:00 pm ET. Due to space constraints, in person attendance is by invitation only to institutional investors and analysts. A simultaneous webcast of the event, along with supporting materials, will be accessible through the Investor Relations page of the Company's website at www.luxurbanhotels.com or https://event.choruscall.com/mediaframe/
- LuxUrban Hotels Acquires Future Revenue Share Payment Obligations From its Pre-IPO InvestorsAgreement Expected to Significantly Improve Cash Position, Access to Growth Capital, Increase Margins, and Future Cash Flows Company Increases 2023 EBITDA Guidance and Initiates 2024 Net Rental Revenue and EBITDA Guidance 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 that on May 21, 2023 it entered into an agreement with its pre-IPO investors that will eliminate an estimated $87.5million in Revenue Share payments in exchange for a one-time issuance of 6,740,000 shares (the "Agreement Shares") of