LuxUrban Hotels (LUXH) Stock Price, News & Analysis

LuxUrban Hotels Inc. is a hospitality company that operates hotels through an asset-light business model. Rather than primarily owning hotel real estate, the company enters into master lease agreements with property owners and assumes responsibility for operating, marketing and managing the leased hotels.

The company’s activities include hotel sales and marketing, reservations, revenue management, guest services and day-to-day property operations. LuxUrban has historically focused on full-service and select-service hotels in major U.S. urban and leisure markets, including locations such as New York and Miami.

LuxUrban was formerly known as CorpHousing Group Inc. before adopting the LuxUrban Hotels name as it expanded its hotel operating strategy. Its portfolio and operating arrangements may change as the company adds or exits properties, so individual hotel locations and brands can vary over time.

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