LuxUrban Hotels Inc.

LuxUrban Hotels Inc.

CHG
LuxUrban Hotels Inc.US flagNASDAQ Capital Market
1.30
USD
- -
- -
35.87MMarket Cap
No data availableFinancial data will appear here once available

Capital Structure

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Quarterly Revenue

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Quarterly Earnings Per Share

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Quarterly Dividends Per Share

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Company Description

APIChatGPT
CEO
Brian Ferdinand
Full Time Employees
107
Sector
Real Estate
Industry
Real Estate - Services
Address
2125 Biscayne Boulevard Miami FL United States of America 33137
Business
LuxUrban Hotels Inc. (ticker: CHG) leases entire existing hotels on a long-term basis (10 to 30 years) under master lease agreements and rents out hotel rooms on a short-term basis to business and vacation travelers through its consumer brand, LuxUrban; the company manages an asset-light portfolio of approximately 1,406 rooms across properties in New York, Miami Beach, New Orleans, and Los Angeles, leveraging technology and third-party channels including Wyndham Hotels & Resorts and online travel agencies for global marketing and distribution. Incorporated in 2017 and headquartered in Miami, Florida, the company--formerly known as CorpHousing Group Inc. until its name change in November 2022--targets premium urban hotels with 75 to 700 keys, focusing on operators of apartment buildings and hospitality segments while serving leisure and corporate guests. Recent developments include a non-binding letter of intent in November 2024 for a joint venture with Lockwood Development Partners and The Bright Hospitality Management, committing an initial $7 million (expandable to $35 million) to deploy AI-driven operations at two New York City properties as part of Lux 2.0 growth efforts; additional funding rounds such as up to $10 million in senior secured notes in January 2025 and a $2.1 million tranche closing in August 2024; and a voluntary Chapter 11 bankruptcy reorganization filing on September 14, 2025, in the U.S. Bankruptcy Court for the Southern District of New York alongside an affiliate.

Company News

APIChatGPT
  • Defence sector rallies as Starmer confirms more spending on drones and nuclear deterrent

  • Chemring wins $345m of contracts with US Dept of War for airborne countermeasures

  • Chemring maintains guidance despite first-half profit dip

  • Chemring shares fall 5% on back-end loaded outlook and US production setbacks

  • Chemring says full-year outlook on track despite slow start and US production disruption

  • Chemring shares slip as results arrive in line, capex to be hiked

  • Chemring says profits will be in line, as slower UK orders offsets defence demand

  • Chemring strikes acquisition deal for radio tracking specialist Landguard

  • Chemring shares rocket higher as results highlight UK strategic defence review opportunity

  • Chemring holds the line on outlook as countermeasures growth offsets fall in sensor orders

  • Chemring's Roke wins STORM missile defence contract with UK Ministry of Defence

  • BAE Systems downgraded as European defence boost lifts rivals more

  • CorpHousing Group Inc. Announces Name Change and Rebranding to LuxUrban Hotels Inc.

  • CorpHousing Group Inc. Announces Name Change and Rebranding to LuxUrban Hotels Inc.

  • CorpHousing Group Inc. Announces Planned Openings of The Lafayette Hotel Powered by LuxUrban™ in New Orleans and The Washington Powered by LuxUrban™ in New York City

  • CorpHousing Group Inc. Announces Planned Openings of The Lafayette Hotel Powered by LuxUrban™ in New Orleans and The Washington Powered by LuxUrban™ in New York City

  • CorpHousing Group Inc. to Present at The Windy City Roundup 2022 Investor Conference

  • CorpHousing Group Inc. to Present at The Windy City Roundup 2022 Investor Conference

  • CorpHousing Group Inc. Announces 2022 Second Quarter Financial Results

  • CorpHousing Group Inc. Announces 2022 Second Quarter Financial Results