Northland Capital downgraded LuxUrban Hotels from Outperform to Market Perform
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/6/2024 | Outperform → Market Perform | Northland Capital |
MIAMI, Feb. 07, 2025 (GLOBE NEWSWIRE) -- LuxUrban Hotels Inc. (OTC:LUXH, LUXHP)), 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, today announced the timing for the payment of its declared regular monthly dividend of $0.2708333 per share of its 13.00% Series A Cumulative Redeemable Preferred Stock for January 2025. The dividend will be payable on February 28, 2025, to holders of record as of February 15, 2025. The dividend will be paid in cash. ABOUT LUXURBAN HOTELS INC. LuxUrban Hotels Inc. secures long-term operating rights fo
Significant Cost Savings Drive Strategic Investments: Transition to OTC reduces compliance costs, freeing capital to expand hotel asset ownership and fuel growth.Sharpened Focus on Core Business Execution: Streamlined operations enable LuxUrban to optimize properties and enhance guest experiences.Asset Acquisition Strategy to Boost Profitability: Targeted hotel acquisitions aim to strengthen market presence and improve profit margins.Achieves Positive Operational Cash Flow: December 2024 marks a milestone as LuxUrban reaches cash flow positivity, advancing its path to full profitability in 2025.Positioned for Future Uplisting: Strategic realignment sets the foundation for operational efficie
• Streamlined Operations and NYC Focus Set the Stage for 2025 Growth • RevPAR Gains and Optimized Portfolio Highlight Operational Momentum MIAMI, Jan. 15, 2025 (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 provided a comprehensive corporate update, highlighting recent business achievements and sharing its 2025 revenue guidance and strategic milestones. It has been a transformative year for LuxUrban Hotels, Inc., marked by substantial progress in improving the business, streamlining operations, and building a strong founda
Northland Capital downgraded LuxUrban Hotels from Outperform to Market Perform
4 - LUXURBAN HOTELS INC. (0001893311) (Issuer)
3 - LUXURBAN HOTELS INC. (0001893311) (Issuer)
3 - LUXURBAN HOTELS INC. (0001893311) (Issuer)