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LuxUrban Hotels Inc. - $LUXH STOCK NEWS

Welcome to our dedicated page for LuxUrban Hotels news (Ticker: $LUXH), a resource for investors and traders seeking the latest updates and insights on LuxUrban Hotels stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect LuxUrban Hotels's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of LuxUrban Hotels's position in the market.

Rhea-AI Summary
LuxUrban Hotels Inc. (Nasdaq: LUXH) will report financial results for Q3 2023 on November 8, 2023. The company utilizes an asset-light business model to lease entire hotels on a long-term basis and rent out hotel rooms in key major metropolitan cities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.51%
Tags
-
Rhea-AI Summary
LuxUrban Hotels Inc. closes underwritten public offering of 13.00% Series A Cumulative Redeemable Preferred Stock, raising $7 million. The net proceeds will be used for near-term acquisitions and general working capital purposes. The Series A Preferred Stock is expected to commence trading on the Nasdaq Capital Market on October 27, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.51%
Tags
none
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Rhea-AI Summary
LuxUrban Hotels Inc. announces the pricing of an underwritten public offering of its Series A Preferred Stock, resulting in gross proceeds of $7 million. The net proceeds will be used for near-term acquisitions and general working capital purposes. The offering is expected to close on or about October 26, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.69%
Tags
none
Rhea-AI Summary
LuxUrban Hotels Inc. announces the opening of three hotels in New York City and expects to add seven more properties with a total of 1,604 rooms by the end of Q4 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.46%
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none
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Rhea-AI Summary
LuxUrban Hotels Inc. to present at upcoming conferences
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.28%
Tags
conferences
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Rhea-AI Summary
LuxUrban Hotels Inc. to present at LD Micro Main Event XVI Conference on October 3-4, 2023 and host 1x1 meetings. The company utilizes an asset-light business model to lease entire hotels and currently manages a portfolio of over 1,600 hotel rooms. It seeks to rapidly build its portfolio through the acquisition of additional accommodations. The company has completed the transition from leasing residential units to leasing hotels.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.31%
Tags
conferences
Rhea-AI Summary
LuxUrban Hotels Inc. to present at iAccess Alpha's Virtual Microcap Conference on September 26, 2023 at 9:30 am ET.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
10.56%
Tags
conferences
-
Rhea-AI Summary
LuxUrban Hotels re-brands Hotel 57, Condor Hotel, and Lafayette Hotel as 'Trademark Collection® by Wyndham' properties
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
10.56%
Tags
none
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Rhea-AI Summary
LuxUrban Hotels re-brands two properties as part of the Wyndham brand family, aiming to onboard at least 60% of its hotels to the Wyndham platform by Q3 2023. LuxUrban also receives capital from Wyndham to enhance the customer experience and drive growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.28%
Tags
none
Rhea-AI Summary
The Blakely Hotel in New York City joins Trademark Collection by Wyndham
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.1%
Tags
none
LuxUrban Hotels Inc.

Nasdaq:LUXH

LUXH Rankings

LUXH Stock Data

12.03M
4.80M
72.37%
17.77%
6.8%
Lodging
Consumer Cyclical
Link
United States of America
MIAMI