LuxUrban Hotels (LUXH) Reports Q2 Results

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LuxUrban Hotels Inc. Reports Second Quarter 2024 Financial Results

September 25, 2024 4:45 PM EDT

MIAMI, Sept. 25, 2024 (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 announced its financial results for the second quarter ended June 30, 2024 (Q2 2024). The Company has also submitted its quarterly report on Form 10-Q to the U.S. Securities and Exchange Commission.

Q2 2024 Financial Overview:

Net Rental Revenue: $18.2 million, compared to $31.9 million in Q2... More