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LuxUrban Hotels - Market Revenue Management Strategies Show Growth
LUXHLuxUrban Hotels (LUXH) Newsfilter·2024-07-24 20:00

MIAMI, July 24, 2024 (GLOBE NEWSWIRE) -- LuxUrban Hotels Inc. ("LuxUrban" or the "Company") (NASDAQ:LUXH), which secures long-term operating rights for entire hotels through Master Lease Agreements (MLA) under which it manages the hotel and rents out, on a short-term basis, rooms to business and vacation travelers, today provided the following update. Rob Arigo, CEO of LuxUrban, stated, "The new revenue management team is just scratching the surface of the potential growth for our hotels." (1) – RevPAR – Re ...