LUXURBAN HOTELS (LUXH) Company Report

Analyst Earnings Quarterly Reports

Earnings summaries and quarterly performance for LUXURBAN HOTELS.

Research analysts who have asked questions during LUXURBAN HOTELS earnings calls.

JonesTrading Institutional Services

3 questions for LUXH

Maxim Group

2 questions for LUXH

The Benchmark Company, LLC

2 questions for LUXH

Maxim Group

2 questions for LUXH

Not specified in transcript

2 questions for LUXH

Northland Capital Markets

2 questions for LUXH

Zacks Investment Research

2 questions for LUXH

IPO Candy

1 question for LUXH

Encora

1 question for LUXH

Recent press releases and 8-K filings for LUXH.

LuxUrban Hotels Inc. settles litigation for 123 Washington Street property

LUXH

Legal Proceedings

LuxUrban Hotels Inc. entered into a Stipulation of Settlement on June 6, 2025, with 123 Washington LLC to resolve litigation concerning its leasehold interest in the hotel property at 123 Washington Street, New York, New York.
Under the terms of the settlement, the Company will make a total payment of approximately $3.4 million, payable in installments through November 2026, which fully satisfies a previously entered judgment exceeding $12 million.
Included in the total settlement, the Company will satisfy approximately $2.57 million in accrued obligations to the New York Hotel Trades Council and Hotel Association of NYC Benefit Funds, with monthly payments of approximately $183,000 made to the Landlord.
The Settlement Agreement also provides for the elimination of approximately $7.5 million in additional liabilities, including use and occupancy arrears, from the Company's balance sheet.
Combined with a previously disclosed settlement related to Hotel 57, the Company has reduced or satisfied approximately $7.1 million in union-related obligations over the past 60 days.