Private company

LUXURBAN HOTELS INC.

LUXURBAN HOTELS INC. is an American real estate company that raised $5.4 million in 2022 (SEC Form D).1 It is headquartered in Miami, Florida.1

Last updated Oct 20, 2026.

Overview

  • IndustryReal Estate1
  • HeadquartersMiami, Florida1
  • Incorporated inDE2
  • Business address2125 Biscayne Blvd, Suite 253, Miami, Fl 331372
  • Filer category, Emerging growth company2
  • Legal formCorporation

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We lease entire existing hotels on a long-term basis and rent out hotel rooms in the properties we lease. We currently have a portfolio of hotel rooms in New York, Miami Beach, New Orleans, and Los Angeles through long-term lease agreements and manage these hotels directly. Our revenues are generated through the rental of rooms to guests and through ancillary services such as cancellable room rate fees, resort fees, late and early check-in and check-out fees, baggage fees, parking fees, grab and go food service fees, and upgrade fees. As of the date of this Annual Report, we have 1,406 hotel rooms available for rent through our portfolio. We believe the COVID-19 pandemic created, and current economic conditions continue to present, an historic opportunity for us to lease additional dislocated and underutilized hotels at favorable economics for our company. We have been expanding our dome…4 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2023

7.9%Gross margin5
-26.9%Operating margin5
-69.2%Net margin6
158.7%Revenue growth, 20235
-$19.1MFree cash flow5

Where the money goes

Where each dollar of revenue went, fiscal 2023

  • Cost of revenue92¢$104.5M
  • Other costs8¢$8.9M

Out of $113.4M in revenue.56 The company lost money this year.

Financial statements

Revenue75$113.4M in 2023+430% since 2021
0$50.0M$100.0M$150.0M2021: $21.4M$21.4M20212022: $43.8M$43.8M2022+105%2023: $113.4M$113.4M2023+159%
Gross profit75$8.9M in 2023+323% since 2021
0$5.0M$10.0M$15.0M2021: $2.1M$2.1M20212022: $12.4M$12.4M2022+486%2023: $8.9M$8.9M2023−28%
Operating income75-$30.5M in 2023+4062% since 2021
-$40.0M-$30.0M-$20.0M-$10.0M02021: -$733.9K-$733.9K20212022: -$3.5M-$3.5M2022+371%2023: -$30.5M-$30.5M2023+784%
Net income756-$78.5M in 2023+3416% since 2021
-$80.0M-$60.0M-$40.0M-$20.0M02021: -$2.2M-$2.2M20212022: -$9.4M-$9.4M2022+320%2023: -$78.5M-$78.5M2023+736%
Fiscal year2020202120222023
Revenue$21.4M7$43.8M5$113.4M5
Cost of revenue$19.3M7$31.5M5$104.5M5
Gross profit$2.1M7$12.4M5$8.9M5
Operating expenses$2.8M7$15.8M5$39.5M5
Operating income-$733.9K7-$3.5M5-$30.5M5
Income before tax-$2.2M7-$9.4M5-$78.5M5
Income tax$07$05$05
Net income-$2.2M7-$9.4M5-$78.5M6
Earnings per share-$0.405-$2.065
Earnings per share (diluted)-$0.405-$2.065
Shares (weighted, basic)23.4M shares538.1M shares5
Shares (weighted, diluted)23.4M shares538.1M shares5

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Corporate structure

LUXURBAN HOTELS INC. sits at the top of its group. 6 entities, 2 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of LUXURBAN HOTELS INC.

  • Brian Ferdinand Filed SCHEDULE 13D/A on LUXURBAN HOTELS INC., latest Dec 26, 2024 (9 filings since Aug 26, 2022)
  • DPG 2022 Irrevocable IG Trust Filed SC 13G on LUXURBAN HOTELS INC., latest Nov 18, 2024
  • Goudy Park Capital, L.P. Filed SCHEDULE 13G/A on LUXURBAN HOTELS INC., latest Oct 31, 2024 (4 filings since May 8, 2023)
  • Shanoop Kothari Filed SC 13D/A on LUXURBAN HOTELS INC., latest May 28, 2024 (2 filings since Dec 21, 2022)
  • Greenle Partners LLC Series Alpha P.S. Filed SC 13G/A on LUXURBAN HOTELS INC., latest Feb 14, 2024 (2 filings since Mar 2, 2023)
  • Jimmie Chatmon Filed SC 13D on LUXURBAN HOTELS INC., latest Aug 26, 2022
  • LUXURBAN HOTELS INC. Miami, Florida
    • CorpHousing RSL LLC Subsidiary · Delaware, United States
    • Corphousing UK Limited Subsidiary · United Kingdom
    • LuxUrban LLC Subsidiary · Delaware, United States
    • LuxUrban RE Holdings LLC Subsidiary · Delaware, United States
    • S-Be Rentals, LLC Subsidiary · Delaware, United States

Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What LUXURBAN HOTELS INC. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, net$691.2K5 Dec 31, 2023$197.1K5 Dec 31, 2022+250.7%
Operating-lease assets (leased space)$241.6M5 Dec 31, 2023$83.3M5 Dec 31, 2022+190.0%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$752.8K5 Dec 31, 2023$1.1M5 Dec 31, 2022−30.1%

Leadership

Who has led LUXURBAN HOTELS INC., and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Brian Ferdinand2022–2024
  2. Shanoop Kothari2024
  3. Robert Arigo2024

Chair

  1. Brian Ferdinand2023

President

  1. David Gurfein2022
  2. Shanoop Kothari2023

Chief financial officer

  1. Shanoop Kothari2022–2024
  2. Michael C. James2024

Chief operating officer

  1. David Gurfein2022
  2. Jimmie Chatmon2023
  3. Robert Arigo2024
2025
Board members and other officers (21)

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

  • CorpHousing RSL LLC Delaware (June 29, 2022)3
  • Corphousing UK Limited United Kingdom (August 18, 2021)3
  • LuxUrban LLC Delaware (March 20, 2020)3
  • LuxUrban RE Holdings LLC Delaware (March 20, 2020)3
  • S-Be Rentals, LLC Delaware (October 3, 2018)3

The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Former names

  • CORPHOUSING GROUP INC.Dec 6, 2021 to Oct 28, 20222

Timeline

  1. Sep 18, 20258-K Bankruptcy or receivership; Debt or obligation accelerated39
  2. Jun 30, 20258-K Executive or director change40
  3. Jun 12, 20258-K Entered a material agreement41
  4. May 30, 20258-K Change of auditor42
  5. May 5, 20258-K Executive or director change43
  6. May 2, 20258-K Executive or director change44
  7. Apr 17, 20258-K Executive or director change45
  8. Apr 7, 20258-K Entered a material agreement; Regulation FD disclosure46
  9. Mar 31, 20258-K Executive or director change; Other events47
  10. Feb 14, 20258-K Entered a material agreement48
  11. Feb 7, 20258-K Other events49
  12. Jan 23, 20258-K Entered a material agreement; New debt or obligation; Unregistered sale of shares50
  13. Jun 12, 2024New chief executive Robert Arigo becomes CEO11
  14. May 24, 2024New chief executive Shanoop Kothari becomes CEO10
  15. Aug 18, 2022New chief executive Brian Ferdinand becomes CEO12

Calendar

When it reported results

  1. Nov 20, 2024Reported quarterly or annual results51
  2. Sep 26, 2024Reported quarterly or annual results52
  3. May 14, 2024Reported quarterly or annual results53
  4. May 10, 2024Reported quarterly or annual results54
  5. Apr 15, 2024Reported quarterly or annual results55
  6. Feb 6, 2024Reported quarterly or annual results56
  7. Nov 9, 2023Reported quarterly or annual results57
  8. Aug 9, 2023Reported quarterly or annual results58

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

364 filings to the SEC since October 2021: 2 annual reports, 9 quarterly reports, 102 major events, 102 insider forms, 20 large holders, 5 private raises, 124 other. The latest 20:

  1. Sep 18, 20258-K EDGAR
  2. Aug 14, 2025NT 10-Q EDGAR
  3. Jun 30, 20258-K EDGAR
  4. Jun 12, 20258-K EDGAR
  5. May 30, 20258-K EDGAR
  6. May 15, 2025NT 10-Q EDGAR
  7. May 5, 20258-K EDGAR
  8. May 2, 20258-K EDGAR
  9. Apr 17, 20258-K EDGAR
  10. Apr 7, 20258-K EDGAR
  11. Apr 1, 2025NT 10-K EDGAR
  12. Mar 31, 20258-K EDGAR
  13. Feb 14, 20258-K EDGAR
  14. Feb 7, 20258-K EDGAR
  15. Jan 23, 20258-K EDGAR
  16. Jan 15, 20258-K EDGAR
  17. Jan 13, 20258-K EDGAR
  18. Jan 10, 2025EFFECT EDGAR
  19. Jan 10, 20258-K EDGAR
  20. Jan 10, 2025424B3 EDGAR

The 364 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

28 open-market trades by officers, directors and large owners since October 2021: 18 buys and 10 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Jul 18, 2024Schaefer KimberlyDirectorBuy117,647$0.17$20.0KForm 4
Jul 18, 2024BLUTINGER ELANDirectorBuy147,058$0.17$25.0KForm 4
Jul 18, 2024McNamee PatrickDirectorBuy735,294$0.17$125.0KForm 4
Jul 15, 2024Arigo RobertChief Executive OfficerBuy176,470$0.17$30.0KForm 4
Jul 15, 2024JAMES MICHAEL CChief Financial OfficerBuy352,941$0.17$60.0KForm 4
Jul 15, 2024TOBOROFF LEONARDDirectorBuy147,058$0.17$25.0KForm 4
Jul 15, 2024BLUTINGER ELANDirectorBuy147,058$0.17$25.0KForm 4
Jun 14, 2024Ferdinand BrianChief Executive OfficerSale104,703$0.23$24.1KForm 4
Jun 13, 2024Ferdinand BrianChief Executive OfficerSale709,421$0.40$281.2KForm 4
May 29, 2024Ferdinand BrianChief Executive OfficerSale3,560$18.79$66.9KForm 4
May 28, 2024Ferdinand BrianChief Executive OfficerSale3,820$18.98$72.5KForm 4
May 24, 2024Ferdinand BrianChief Executive OfficerSale3,099$19.57$60.6KForm 4
May 23, 2024Kothari ShanoopCEO and CFOBuy800,000$0.25$200.0KForm 4
May 23, 2024BLUTINGER ELANDirectorBuy400,000$0.25$100.0KForm 4
May 23, 2024Ferdinand BrianChief Executive OfficerBuy6,000,000$0.25$1.5MForm 4
May 23, 2024Ferdinand BrianChief Executive OfficerSale100$21.38$2.1KForm 4
Dec 13, 2023Ferdinand BrianChief Executive OfficerBuy25,000$4.56$114.0KForm 4
Dec 1, 2023Ferdinand BrianChief Executive OfficerSale14,219$4.45$63.3KForm 4
Nov 30, 2023Ferdinand BrianChief Executive OfficerSale62,000$4.46$276.5KForm 4
Nov 22, 2023Ferdinand BrianChief Executive OfficerSale6,556$5.21$34.2KForm 4

All 28 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Money raised

Private offerings the company reported to the SEC on Form D.

  1. Nov 23, 2022Raised $2.5 million in a private offering of debt Form D: named in the filing: Brian Ferdinand Form D
  2. Oct 7, 2022Raised $1.4 million in a private offering of securities Form D: $2.9 million offered in all Form D
  3. Jun 30, 2022Raised $1.5 million in a private offering of securities Form D: $6.5 million offered in all Form D

SEC filer profile

How LUXURBAN HOTELS INC. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARLUXURBAN HOTELS INC.1
  • CIK0001893311
  • Employer ID (EIN)82-33349451
  • Filer status<br>emerging growth company1
  • Incorporated inDelaware1
  • Fiscal year endsDecember 311
  • Industry code (SIC)6500 Real Estate1
  • SEC reviewing officeOffice of Real Estate & Construction, Division of Corporation Finance1
  • Business address2125 Biscayne Blvd, Suite 253, Miami, FL 331371
  • Phone833-723-73681
  • Shares outstanding158,204,018 as of Nov 19, 20246
  • Public float$125.4M as of Dec 31, 20235
  • On EDGAR sinceDec 6, 20211
  • Filings365 in all: 8-K (97), 4 (76), 3 (25), CORRESP (22), UPLOAD (13), 424B3 (12), EFFECT (10), S-1/A (9)1
    All 42 form types

    10-Q (8), 424B5 (8), FWP (8), SC 13D/A (8), 144 (7), 8-K/A (5), S-1 (5), NT 10-Q (4), S-3 (4), SC 13G (4), D (3), DEF 14A (3), SC 13D (3), 10-K (2), 8-A12B (2), CERT (2), D/A (2), DEFA14A (2), NT 10-K (2), PRE 14A (2), PRER14A (2), SC 13G/A (2), SCHEDULE 13G/A (2), 10-Q/A (1), 25-NSE (1), 4/A (1), 424B4 (1), 8-A12B/A (1), DEF 14C (1), DEFR14A (1), DRS (1), POS AM (1), PRE 14C (1), SCHEDULE 13D/A (1)

  • Latest filingsAnnual report (10-K) Apr 15, 2024
    Quarterly report (10-Q) Nov 19, 2024
    Proxy statement (DEF 14A) Dec 31, 2024
    Latest 8-K (8-K) Sep 18, 2025

Sources

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