LuxUrban Hotels Inc. Announces Record 2022 Financial Results

MIAMI--(BUSINESS WIRE)--LuxUrban Hotels Inc. (or the “Company”) (Nasdaq: LUXH), which utilizes an asset-light business model to lease entire hotels on a long-term basis and rent out hotel rooms in these properties in key major metropolitan cities, today announced financial results for the full year ended December 31, 2022. Reported results include Adjusted cash net income, EBITDA, and Adjusted EBITDA, which are non-GAAP measures and are accompanied by reconciliation tables in this release. 2022