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Net Rental Revenue Increased to $31.2 Million from $11.6 Million Net Income Improved to a Quarterly Record $4.9 Million, or $0.11 Per Share, from a Net Loss of $ Million, or $ Per Share EBITDA...
LuxUrban Hotels Inc. (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, today announced financial results for...
Article - LuxUrban Hotels Inc. Announces Record 2023 Second Quarter Financial Results - Net Rental Revenue Rose to $31.9 Million from $10.2 Million
Net Rental Revenue Rose to $31.9 Million from $10.2 Million EBITDA Improved to $8.4 Million and Cash Net Income Rose to $7.2 Million; Net Loss of $ Million Included $28.5 Million of One-time,...