财务数据和关键指标变化 - 净租金收入增长27.6%至2910万美元,主要由于可出租单元数量增加至1,535个,但总RevPAR下降至208美元[8] - 毛利亏损460万美元,包括1.2百万美元的退租费用以及更高的佣金、搬迁和员工成本[9][10] - 总营业费用增加至2620万美元,经营亏损1220万美元,净亏损1680万美元[10] - 调整后EBITDA为250万美元,EBITDA利润率受到影响,预计2024年将提升至20%[11] - 现金和现金等价物增加至100万美元,总债务增加至680万美元,应付账款和应计费用增加至2890万美元[12] 各条业务线数据和关键指标变化 - 公司目前经营13处物业,1,341个可出租单元,平均租赁期15.2年,含续租19.5年[13] - 第一季度接待约12万名客人[14] 各个市场数据和关键指标变化 - 纽约市场需求强劲,5-6月传统旺季表现良好,9-10月预计同比增长3-4%[36][37] 公司战略和发展方向及行业竞争 - 决定终止与温德姆的特许经营协议,未来将作为独立运营商[7] - 正在开发独有的品牌形象和标准作业流程,提升客户体验和增加附加收入[16][17][18] - 计划在未来3-5个月内建立新的组织文化和运营平台,预计到第三季度可以给出收入影响指引[17] - 未来将提供主租赁协议和第三方管理解决方案并举,以满足不同业主需求[16][18] 管理层对经营环境和未来前景的评论 - 管理层认为公司正处于转型期,正在采取措施稳定业务,但仍面临挑战[6][7] - 预计2024年剩余时间总RevPAR将逐季上升,EBITDA利润率将提升至20%[8][11] - 对纽约市场的需求保持乐观,认为未来几个月表现将优于去年同期[36][37] 问答环节重要的提问和回答 问题1 **Derek Greenberg 提问** 为什么决定终止与温德姆的合作,之前提到的高毛利和资金支持等优势未能实现?[24][25] **Shanoop Kothari 回答** 双方在财务指标方面未能达到预期,因此决定终止合作,具体细节受限于合同条款[25] 问题2 **Nehal Chokshi 提问** 未来的物业管理系统是什么,以及之前通过温德姆渠道的预订占比情况?[43][46] **Robert Arigo 和 Shanoop Kothari 回答** 将采用Cloudbeds系统,之前通过温德姆渠道的预订占比情况不方便透露,受限于合同条款[45][46][47] 问题3 **Daniel Kurnos 提问** 未来的扩张计划如何,是否会受到新的运营举措的影响?[76][77] **Shanoop Kothari 回答** 公司将更谨慎地推进扩张,更多关注下半年,同时也在评估新的运营举措对资金需求的影响[77]

财务表现 - 公司2023年全年净租金收入增长159%，达到1.134亿美元[1] - 公司2023年全年EBITDA增长78%，达到2,530万美元；调整后的EBITDA增长109%，达到2,980万美元[1] - 公司2023年全年净亏损为7,850万美元，其中包括6,110万美元的非现金费用和2,460万美元的非经常性现金成本[1] - 公司2023年总营运费用上升至3,950万美元，包括一次性现金成本和非现金费用[6] - 公司2023年净亏损中包括了4100万美元的非现金融资成本，2024年预计这些费用将显著减少[8] - 公司2023年EBITDA增至2,530万美元，调整后的EBITDA增至2,980万美元[10] - 公司2023年12月31日的总资产为283,294,022美元，较2022年同期的107,963,021美元大幅增长[26] - 公司2023年净租金收入为113,397,012美元，较2022年的43,825,424美元有显著增长[27] - 公司2023年EBITDA为25,318,152美元，较2019年的14,250,639美元有增长[28] 未来发展计划 - 公司2024年将专注于收购高端酒店物业的长期运营权，改善资本工作、应收账款和现金流状况，提高总RevPAR，加强执行团队和董事会[2] - 公司2024年第一季度净租金收入预计在2,700万至3,000万美元之间[17] - 公司2024年将专注于增加长期Master Lease Agreement的酒店组合，提高TRevPAR，增加EBITDA，改善工作资本状况[18] - 公司2024年预计将提高净租金收入，并将在未来几个季度提供更具体的指导[18]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number: 001-41473 LUXURBAN HOTELS INC. For the quarterly period ended March 31, 2024 Securities registered pursuant to Section 12(b) of the Act: | Title of each class | Trading ...

MIAMI--(BUSINESS WIRE)--LuxUrban Hotels Inc. (“LuxUrban” or the “Company”) (Nasdaq: LUXH), a hospitality company which leases entire existing hotels on a long-term basis and rents rooms in its hotels to business and vacation travelers, announced today it will report financial results for the first quarter ended March 31, 2024 on Monday, May 13, 2024 after the close of the stock market. The Company will host a conference call on Tuesday, May 14, 2024 at 9:00 am Eastern Time to discuss the results.Investors i ...

MIAMI--(BUSINESS WIRE)--LuxUrban Hotels Inc. (“LuxUrban” or the “Company”) (Nasdaq: LUXH), a hospitality company which leases entire existing hotels on a long-term basis and rents rooms in its hotels to business and vacation travelers, announced today it will report financial results for the first quarter ended March 31, 2024 on Monday, May 13, 2024 after the close of the stock market. The Company will host a conference call on Tuesday, May 14, 2024 at 9:00 am Eastern Time to discuss the results. Investors ...

LuxUrban Hotels Incorporated (NASDAQ:LUXH) Q4 2023 Earnings Conference Call April 16, 2024 9:00 AM ET Company Participants Devin Sullivan - Managing Director at Equity Group Brian Ferdinand - Chairman Shanoop Kothari - Co-CEO and CFO Conference Call Participants Allen Klee - Maxim Group Matthew Erdner - JonesTrading Nehal Chokshi - Northland Capital Markets Tom Kerr - Zacks Investment Research Operator Thank you for standing by. My name is Kath, and I will be your conference operator today. At this time, I ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number: 001-41473 LUXURBAN HOTELS INC. (Exact name of registrant as specified in its charter) | Delaware | 82-3334945 | | --- ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number: 001-41473 LUXURBAN HOTELS INC. (Exact name of registrant as specified in its charter) Delaware 82-3334945 (State or other j ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number: 001-41473 LUXURBAN HOTELS INC. (Exact name of registrant as specified in its charter) Delaware 82-3334945 (State or other ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to ________ Commission File Number 001-41473 LUXURBAN HOTELS INC. (Exact name of registrant as specified in its charter) Delaware 82-3334945 (State or other jurisdiction ...