- CEO
- Brandon Elster
- Full Time Employees
- 357
- Sector
- Consumer Cyclical
- Industry
- Travel Lodging
- Address
- 2125 Biscayne Boulevard Miami United States of America 33137
- IPO Date
- Oct 27, 2023
- Business
- LuxUrban Hotels Inc. leases entire existing hotels on a long-term basis through master lease agreements, manages these properties, and rents out hotel rooms on a short-term basis to business and vacation travelers under its LuxUrban consumer brand; it utilizes an asset-light model targeting premium properties with 75 to 700 keys in major U.S. metropolitan areas, marketing rooms globally via third-party online travel agencies including Wyndham Hotels & Resorts, its own online portal, and dozens of distribution channels. The company operates a portfolio of hotels primarily in New York City, Miami Beach, New Orleans, and Los Angeles, serving high-demand urban markets with technology-enabled operations for efficiency and guest service. Incorporated in 2017 and headquartered in Miami, Florida, it was formerly known as CorpHousing Group Inc. until changing its name in November 2022. Recent developments include a strategic pivot under the Lux 2.0 initiative to acquire and manage hotel properties outright amid commercial real estate dislocations; a non-binding letter of intent in November 2024 for a joint venture with Lockwood Development Partners and The Bright Hospitality Management, featuring a potential $7 million to $35 million investment for two initial New York City properties with AI-driven tools and the Vitality brand; 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.